Bare ActsThe Institute of Chartered Financial Analyst of India University Act, 2006.

Section 6

Amendment status not verified — confirm the current text below against the official source.

(1) The main objective of the University shall be to design and run courses and programmes as enumerated in the schedule to this Act: Provided that the University may abolish or create or modify the entries in the schedule without causing detriment to the interests of teachers and students concerned, by statutes, and such statues shall not be deemed as amendment of this Act. The other objectives of the University are: to provide instruction, teaching, training and research in specialized fields of Finance and Management including Financial Analysis (leading to the CFA Charter and Designation), Accounting (leading to the CPA Certificate and Designation). Banking, Insurance, Financial Services, Financial Management, Business management, Law, Teacher Education, Medical Sciences, various branches of Science and Technology and related subjects and make provisions for research, advancement and dissemination of knowledge thereof; To establish a main campus at Dimapur in the State of Nagaland and to have further campuses, Regional Centres, study centers and examination centers inNagaland and at different places in India and abroad in accordance with the laws and regulations in force; to provide continuing, distance and regular education programs; To institute degrees, diplomas, charters, certificates and other academic distinctions on the basis of examination, or any other method of evaluation; To collaborate with other colleges or universities, research institutions, industry associations, professional associations including the Council of Chartered Financial Analysts and the Society of Certified Public Accountants or any other organization, in India or abroad, to conceptualize, design a& develop specific educational and research programs, training programs and exchange programs for students, faculty members and others. To disseminate knowledge through seminars, conferences, executive education programs, community development programs, publications, and training programs; To undertake programs for the training and development of faculty members of the University and other institutions in India or abroad; To undertake collaborative research with any organization in India or abroad; To create higher levels of intellectual abilities; To provide consultancy to industry, Government and Public Organizations; To ensure that the standards of the degrees, diplomas, charters, certificates and other academic distinctions are accordance with those laid down by AICTEINCTENGCIMCI and Pharmacy Council etc.., (1) To do all things necessary or expedient to promote the above objectives; (m) To pursue any other objective as may be approved by the State Government. Powers of the University 7.1. The University shall have the following powers, viz: (a) To establish, maintain and recognize such Campuses, Regional Centres and Study Centres as may be determined by the University from time to time in the manner laid down by the statues; (b) To cany out all such other activities as may be necessary or feasible in furtherance of the object of the University; (c) To confer degrees, diplomas, charters, certificates or other academic distinctions and professional designations including the CFA Charter and Designation, the CPA Certificate and Designation in the manner and under conditions laid down in the Statues; (d) To institute and award fellowships, scholarships and prizes etc., in accordance with the Statues; (e) To demand and receive such fees, invoices and collect charges as may be fixed by the Statutes or rules, as the case may be; (f) To make provisions for extra curricular activities for students and employees; (g) To make appointments of the faculty, officers and employees of the University or a constituent college, affiliated colleges, Regional Centres, Study Centres etc., located in India and aboard; (h) To receive donations and gifts of any kind and to acquire, hold, manage, maintain and dispose of any movable or immovable property, including trust and endowment properties for the purpose of the University or a constituent college, or a Regional Centre, Study Centre etc.,; (i) To institute and maintain halls and to recognize places of residence for students of the University or a constituent college at the main campus and other campuses in India and abroad; (j) To supervise and control the residence, and to regulate the discipline among the students and all categories of employees and to lay down the conditions of service of such employees, including their Code of Conduct; (k) To create posts for academic, administrative and support staff and other necessary posts; (1) To co-oporate and collaborate with other Universities and Institutions in such a manner and for such purposes as the University may determine from time to time; (m) To offer educational programs on distance learning, continuing and reqular basis and to determine the manner in which such programs are offered by the University; (n) To organize and conduct refresher courses, orientation courses, workshops, seminars and other programs for teachers, developers of courseware, evaluators and other academic staff; (0) To determine standards of admission to the University, constituent colleges, affiliated colleges, regional centres, study centers with the approval of the Academic Council; (p) To make special provision for students belonging to the State of Nagaland for admission in any course of the University or in a constituent college, affiliated college, regional centre of study centre; (q) To do all such other acts orthings whether incidental to the powers aforesaid or not, as may be necessary to further the objects of the University; (r) To prescribe such courses for Bachelor Degree, Master Degree, Doctor of Philosophy, Doctor of Science Degrees and research and such other Degrees, Diplomas, Charters, Certificates etc.; (s) To provide for the Preparation of instructional materials, including films, cassettes, tapes, vldeo cassettes, CD,VCD and other software; (t) To recognize examinations of periods of study (whether in full or in part) of other Universities, Institutions or other places of Higher learning as equivalent to examinations or periods of study in the Universiw and to withdraw such recognition at any time; (u) To raise collect, subscribe and borrow with the approval of the Board of Governors whether on the security of the property or money of the University for the purposes of the University; (v) To enter into, cany out, vary or cancel contracts; (w) To do all things necessary or expedient to exercise the above powers. University open to all classes, castes etc.

Section 6 – The Institute of Chartered Financial Analyst of India University Act, 2006. | DailyLaw.ai