Amendment status not verified — confirm the current text below against the official source.
(1) The Governing Board in consultation with the Sponsoring trust and the Visitor may recommend to the State Government to dissolve the University by giving notice to this effect in such manner as may be prescribed by the State Government in this behalf, to the employees and students of the University at least one year in advance: Provided that the University shall not be permitted to serve notice for winding up within a period of ten years from the date of coming into effect of this Act. (2) The State Government on receiving the notice referred to under sub-section (1) shall appoint an Administrator by replacing the Governing Board and the Chancellor and the Administrator thereafter shall act as the supreme authority during the process of winding up. (3) The properties of the University as well as the Endowment Fund of the University shall be used by the Administrator during the process of winding up in such manner as may be prescribed. (4) The dissolution of the University shall have effect only after the last batch of the students of the regular courses have completed their courses and have been awarded degrees, diplomas or awards, as the case may be and also after total clearance of bank liabilities, loan etc. SCHEDULE A (See sub-section (1) of section 3) The Narula Educational Trust, an educational and charitable trust created vides Deed No. 2239, dated 05.08.2000 and registered before the Additional Registrar of Assurance-III, Calcutta. SCHEDULE B (See sub-section (1) of section 4) Schedule of Land (1) All that piece and parcels of land measuring about 5.28 acres, appertaining to J.L. No. 11 under Mouza Agarpara, Police Station Khardah, District North 24-Parganas, Khatian No. 713, 290, 714, 75 and 1177, L.R. Plot nos. 1571, 1558, 1572, 1571/ 1591, 1573 and 1574 butted and bounded thereto and transferred to the University absolutely. Power to remove difficulty. Report of the University. PART III] THE KOLKATA GAZE FIE, EXTRAORDINARY, JANUARY 21, 2015 21 The JIS University Act, 2014. Schedule of Building All that eleven storied pucca (cemented) constructed buildings measuring about 21,600 square metre situated in the land mentioned in the Schedule-B and transferred to the University absolutely. By order of the Governor, SIDDHARTHA CHATTOPADHYAY, Secy.-in-Charge to the Govt. of West Bengal, Law Department. Published by Law Department, Government of West Bengal and Printed at Saraswaty Press Ltd.(Government of West Bengal Enterprise), Kolkata 700 056.