Provided that the dissolution of the University shall have effect only after the last batches of students of the regular courses have completed their courses and they have been awarded degrees, diplomas or, as the case may be, awards.
(2) On the dissolution of the University all the assets and liabilities of the University shall vest in the Sponsoring Body in the manner as may be prescribed.
(3) Where the State Government decides under sub-section (1) to dissolve the University, it may vest the powers of the Governing Body in the prescribed manner to other societies having similar objects till the dissolution of the University takes effect under the proviso to sub-section (1).
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Section 1 · Short Title, Extent and CommencementSection 2 · DefinitionsSection 3 · Establishment of UniversitySection 4 · Properties of the University and its ApplicationSection 5 · Restrictions and obligations of the UniversitySection 6 · Objects of the UniversitySection 7 · University open to all irrespective of sex, religion, class, colour, creed, or opinionSection 8 · Powers and functions of the UniversityIndia Code, Government of India. Text fetched 17 Oct 2026. Source metadata reports last modification: 2018-12-03. Check the linked official text and subsequent notifications when applying a provision.