Amendment status not verified — confirm the current text below against the official source.
(1) Every private person who proposes to establish a law college shall make an application to the competent authority. Application for permission. (2) Before making an application under sub-section (1), the private person shall create an Endowment for rupees thirty lakh for establishment of a law college. The amount shall be invested in a Nationalised Bank or Government of India or Government of Tamil Nadu Undertaking. (3) The private person shall produce either a Bank Guarantee for a period of five years to the tune of rupees twenty lakh or a solvency certificate for the said amount obtained from the competent revenue authority. (4) Every such application shall, – (a) be in the prescribed Form; (b) be accompanied with a challan for having remitted a fee of rupees twenty five thousand (non-refundable) into the Government Treasury; (c) contain the following particulars, namely:- (i) the name of the law college; (ii) the degrees and the courses for which the law college prepares, teaches or guides its students to grant or confer such degree; (iii) the amenities available or proposed to be made available to students; (iv) the library, moot court and other facilities for instructions; (v) the number of students to be admitted to each course of study; (vi) the situation and the description of the buildings in which the law college is proposed to be established; (d) contain such other particulars as may be prescribed. Grant of permission.