Amendment status not verified — confirm the current text below against the official source.
(1) If the Sponsoring Body proposes dissolution of the University in accordance with the law governing its constitution or incorporation, it shall give at least three months notice in writing to the State Government along with the reasons for such dissolution in detail. (2) On identification of mismanagement, mal-administration, indiscipline, failure in the accomplishment of the objects of the University and economic hardships in the management systems of the University, the State Government shall, subject to and in accordance with relevant law, if any for the time being in force, issue directions to the Sponsoring Body of the University and if the directions are not followed within such time as may be prescribed, the right to take decision for dissolution of the University shall vest with the State Government. (3) The manner of dissolution of the University shall be such as may be prescribed by the State Government in this behalf. (4) If the State government considers it necessary to suspend the Board of Governors, it shall, by notification published in the official Gazette, order suspension of the Board of Governors and shall make such arrangements in consultation with the Sponsoring Body for the administration of the business of the University till the completion of investigation as it may consider necessary: Provided that no such action shall be initiated without affording a reasonable opportunity to show cause to the Sponsoring Body. Dissolution of the University. Annual review of the University. Expenditure of the University during dissolution 33 (5) On receipt of the notice referred to in sub-section (1), or on a decision to dissolve under sub-section (2), the State Government shall, in consultation with the All India Council for Technical Education, University Grants Commission and other concerned Regulatory Bodies of Central or State Government, make such arrangements for administration of the University from the proposed date of dissolution of the University until the last batch of students in regular courses of studies of the University complete their courses of studies in such manner as may be prescribed.