Amendment status not verified — confirm the current text below against the official source.
8 (xxvi) to purchase, take on lease, or accept as gifts, or otherwise any land or building or works, which may be necessary or convenient for the purpose of the 1[Law University] and on such terms and conditions as it may think fit and proper and to construct or alter and maintain any such building or works; (xxvii) to sell, exchange, lease or otherwise dispose of all or any portion of the properties of the 1[Law University], movable or immovable, on such terms and conditions as it may think fit and proper without prejudice to the interests and activities of the 1[Law University]; (xxviii) to draw and accept, to make and endorse, to discount and negotiate Government of India and other promissory notes, bills of exchange, cheques or other negotiable instruments; (xxix) to execute conveyances, transfers, re-conveyances, mortgages, leases, licences and agreements in respect of property, movable or immovable including Government securities belonging to the 1[Law University] or to be acquired for the purpose of the 1[Law University]; (xxx) to appoint in order to execute an Instrument or transact any business of the 1[Law University] any person as it may deem fit; (xxxi) to give up and cease from carrying on any classes or departments of the 1[Law University]; (xxxii) to accept grants of money, securities or property of any kind or description on such terms and conditions as may be deemed expedient ; (xxxiii) to raise and borrow money on bonds, mortgages, promissory notes or other obligations or securities founded or based upon all or any of the properties and assets of the 1[Law University] or without any securities and upon such terms and conditions as, it may think fit, and to pay out of the funds of the 1[Law University], all expenses incidental to the raising of money, and to repay and redeem any money borrowed or debt made;