Amendment status not verified — confirm the current text below against the official source.
(1) After receiving the report of the Scrutiny Committee constituted under section 4, if the Government is satisfied that it is advisable to establish the university, it may issue a Letter of Intent and requires the sponsoring body to,— (i) establish an endowment fund in accordance with the provisions of section 13; (ii) submit the title deeds showing that the sponsoring body owns and is in possession of a minimum land as per the norms specified by an order issued by the Government; (iii) fulfil such other conditions and provide such other information as may be specified by the University Grants Commission or any other regulatory body established by law; (iv) construct a covered space if not already available, for administrative purposes and for conducting academic programmes, as per the norms specified by an order, issued by the Government; (v) give an undertaking to appoint Professor, Associate Professor and adequate number of Assistant Professors alongwith necessary supporting staff in each department or discipline to be started by the university as per the norms laid down by the regulatory body; (vi) give an undertaking to take up co-curricular activities like seminars, debates, quiz programmes and extra-curricular activities like games, sports, National Service Scheme (NSS), National Cadet Corps (NCC), etc., for the benefit of students as per the norms laid down by the regulatory body; (vii) give an undertaking for establishment of provident fund and to take up welfare programmes for the employees of the university; (viii) fulfil such other conditions as to infrastructure and other requirements and provide such other information as may be laid down by regulatory body or prescribed by rules issued in this behalf. Issuance of Letter of Intent and Compliance Report. ¨É½þÉ®úɹ]Åõ ¶ÉɺÉxÉ ®úÉVÉ{ÉjÉ +ºÉÉvÉÉ®úhÉ ¦ÉÉMÉ +É`ö, +ÉìMɺ]õ 7, 2024/¸ÉÉ´ÉhÉ 16, ¶ÉEäò 1946 7 (2) The sponsoring body shall fulfil the requirements and conditions specified in sub-section (1) and shall report the compliance to the Government within a period not exceeding one year from the date of issue of Letter of Intent. The Government may, in exceptional circumstances, extend the said period by an order on payment of such fees as may be specified therein. (3) On receipt of the compliance report submitted by the sponsoring body, the Government shall by an order, appoint a Verification Committee to verify the compliance report. (4) The Verification Committee shall submit its report to the Government within one month from the date of its visit to the proposed skills university specifying whether the sponsoring body has fulfilled the requirements and conditions laid down in sub-section (1). The Government may extend the period of submission of report by the Verification Committee upto the maximum period of three months. (5) If the sponsoring body fails to comply with the provision of sub-section (1), proposal submitted by the sponsoring body under section 3 shall stand rejected and the Letter of Intent issued under sub-section (1) shall be deemed to have been withdrawn.