Amendment status not verified — confirm the current text below against the official source.
(1) All properties. movable andimmovahle andall the interests 0i whatsoever nature and kind therein owned by the Society. courses run thereunder and all the posts created and filled, whole staffof officers and officials working in the said institutions before the commencement of this Act, shall Vest in the University: tout: Provided that them that staff of the officers and shall be taken over who fulfils the qualifications if any prescribed by the U ivctstty Grants Commission and ifa person does not fulfils the qualifications for a p( for which University Grants Commission has laid down the qualifications. tfin he shall be adjusted against the post tor which he fulfils the qualifications. (2) All debts. obligations and liabilities incurred. all contracts entered into and all matters and things engaged to be done in respect of the University shall be deemed to have been incurred. entered into. or engaged to be, done by. with or for the University.