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. SCHEDULE A (See sub-section (1) of section 3.) The Institute of Engineering and Management Trust, an educational trust created vides Deed No. 1137, dated 08.07.1997 and registered before the Additional District Sub-Registrar, Bidhannagar, Salt Lake, Kolkata, and subsequently modified vide Deeds No. 5456 dated 04.10.2008, 1526 dated 30.03.2009 registered before the Additional District Sub-Registrar, Registrar of Assurance, Kolkata. Powers to remove difficulty. Report of the University. PART III] THE KOLKATA GAZE F B, EXTRAORDINARY, JANUARY 21, 2015 21 The University of Engineering and Management, Kolkata, Act, 2014. (Schedule B.) SCHEDULE B (See sub-section (1) of section 4.) Schedule of Land All that piece and parcels of land measuring about 3.00 acres, appertaining to Plot No. III-B/5 in street no. 3333 MAR (East West) situated in New Town, Police Station New Town, District North 24-Parganas. Schedule of Building All that pucca (cemented) constructed building 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.