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The Institute of Chartered Financial Analyst of India University Act, 2005 (Act No. 12 of 2005)

Meghalaya

An Act to establish and incorporate an University in the State with emphasis on providing high quality and industry relevant education in the areas of Accounting, Financial Analysis and Management, Business Management, Applied Sciences and Technology, Law,Education, medical Sciences and related areas sponsored by the Institute of Chartered Financial Analysts of India (ICFAI), Hyderabad, Andhra Pradesh and to provide for matters connected therewith or incidental thereto.

Act number
12 of 2005
Ministry
Meghalaya Law Department
Department
Law Department
Enacted
6 Jul 2005

Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.

51 sections

  1. Section 1Short title, extent and commencement
  2. Section 2Definitions
  3. Section 3Proposal for the establishment of the University
  4. Section 4Establishment of the University.
  5. Section 5University not to be entitled to financial assistance.
  6. Section 6Constituent Colleges and Affiliated Colleges.
  7. Section 7Objects of the University
  8. Section 8Powers of the University
  9. Section 9University open to all classes, castes, creed, religion, language and gender.
  10. Section 10National Accreditation
  11. Section 11Officers of the University.
  12. Section 12The Visitor
  13. Section 13The Chancellor
  14. Section 14The Vice-Chancellor
  15. Section 15Deans of Faculties
  16. Section 16The Registrar
  17. Section 17The Finance Officer
  18. Section 18Other Officers
  19. Section 19Authorities of the University.
  20. Section 20The Board of Governors and its powers
  21. Section 21The Board of Management
  22. Section 22The Academic Council
  23. Section 23The Finance Committee
  24. Section 24Other Authorities
  25. Section 25Proceedings not invalidated on account of vacancy
  26. Section 26Statutes
  27. Section 27Statutes how made
  28. Section 28Power to amend the Statutes
  29. Section 29Rules
  30. Section 30Rules how made
  31. Section 31Power to amend Rules
  32. Section 32Conditions of service of employees.
  33. Section 33Right to appeal
  34. Section 34Provident fund and pension
  35. Section 35Disputes as to constitution of University authorities and bodies
  36. Section 36Constitution of Committees
  37. Section 37Filling of casual vacancies
  38. Section 38Protection of action taken in good faith
  39. Section 39Transitional provisions
  40. Section 40Endowment Fund
  41. Section 41General Fund
  42. Section 42Development Fund
  43. Section 43Maintenance of Fund
  44. Section 44Annual Report
  45. Section 45Account and Audit
  46. Section 46Mode of proof of University record
  47. Section 47Dissolution of University
  48. Section 48Expenditure of the University during dissolution
  49. Section 49Laying of Statutes and Rules
  50. Section 50Removal of difficulties
  51. Section 51University to be Subject to Standard of UGC.