Bare ActsThe ICFAI UNIVERSITY, JAIPUR ACT, 2011

Section 3

Incorporation

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

Incorporation. - (1) The first Chairperson and the first President of the University and the first members of the Board of Management and the Academic Council *Subs. by the Rajasthan Private Universities’ Laws (Amendment) Act, 2018,(Act no. 26 of 2018), s.6 for “ Institute of Chartered Financial Analysts of India(ICFAI)”( w.e.f. 05- 10-2018) Hkkx 4 ¼d½ jktLFkku jkt&i=] flrEcj 22] 2011 27¼37) and all persons who may hereafter become such officers or members, so long as they continue to hold such office or membership, are hereby constituted a body corporate by the name of the ICFAI University, Jaipur -. (2) The movable and immovable property specified in the Schedule I shall be vested in the University and the Sponsoring Body shall, immediately after the commencement of this Act, take steps for such vesting. (3) The University shall have perpetual succession and a common seal and shall sue and be sued by the said name. (4) The University shall situate and have its headquarters at Village Jamdoli, Tehsil Jaipur. District Jaipur (Rajasthan).

Section 3 – The ICFAI UNIVERSITY, JAIPUR ACT, 2011 | DailyLaw.ai