(1) The trust shall have the right to establish the University of unitary in nature subject to and in accordance with the provisions of this Act.
(2) The proposal to establish a University shall be made to the State Government by the trust.
(3) The proposal shall contain the following particulars, namely:-
(i) the objects of the University along with the details of the trust;
(ii) the extent and status of the University and the availability of land;
(iii) the nature and type of programmers of study and research to be undertaken by the University during a period of five academic years immediately following the commencement date;
(iv) the nature of faculties, courses of study and research proposed to be started;
(v) the campus development such as buildings, equipment and structural amenities; :
(vi) the phased outlays of capital expenditure for a period of five academic years immediately following the commencement date;
(vii) the item-wise recurring expenditure, sources of finance and estimated expenditure for each student; .
(viii)the scheme for mobilizing resources and the cost of capital thereto and the manner of repayments to each source;
(ix) the scheme of generation of funds internally through the recovery of fee from students, revenues anticipated from consultancy and other activities relating to the objects of the University and other anticipated incomes;
(x) the details of expenditure on unit cost, the extent of concessions or rebates in fee, freeship and scholarship for students belonging to economically weaker sections and the fee structure indicating varying rate of fee, if any, that would be levied on students who are either non resident Indians or persons of Indian origin or sponsored by non resident Indians or person of Indian origin and students of nationalities other than India.
(xi) the years of experience and expertise in the concerned discipline at the command of the Sponsoring trust as well as the financial resources;
(xii) the system for selection of students to the courses of study at the University; and
(xiii)status of fulfillment of such other conditions as may be required by the State Government under this Act to be fulfilled before the establishment of the University.
(4) A Screening Committee shall be constituted by the State Government consisting of three members who are Ex-officio members of Karnataka State Higher Education Council to examine the proposals received from the Sponsoring trust which has to make recommendations to the State Government for the establishment of the University.
4. Establishment of the University. (1) Where the State Government, after considering the recommendations of the Screening Committee and holding such inquiry as it may deem necessary, is satisfied that,-
(i) the trust has ability to run an University with sufficient infrastructure.
(ii) owns a land to the extent specified below in accordance with its location namely:-
(a) twenty five acres of land if it is within limits of Bruhat Bangalore Mahanagara Palike;
(b) forty acres of land if it is out side the limits of Bruhat Bangalore Mahanagara Palike but within Bangalore Metropolitan Region Development Authority Area; and
(c) not less than fifty acres of land in the places other than the places specified in clauses (a) and (b).
The land specified above shall be in the name of the concerned Trust or institution or university itself. Based on the furnished particulars required in subsection (3) of section 3, the Government may direct the trust to establish the permanent Statutory Endowment Fund as specified in section 48.
(iii) Adequate financial resources for creating the specified statutory funds and conducting the University affairs; and
(iv) Experience or expertise in running higher education institutions.
(2) After the establishment of the Permanent Statutory Endowment Fund, the State Government may, by notification, in the official Gazette, accord sanction for establishment of the University of unitary in nature in the State by the name of Atria University.
(3) The headquarters of the University shall be at Bengaluru. The University shall have Campus or Regional Centers, study centers anywhere in Karnataka after five years of establishment of the University subject to the prior permission of the State Government and as per the norms of University Grants Commission.
(4) The First Chancellor, the First Vice- Chancellor, First members of the Board of Governors, First members of the Board of Management and the Academic Council and all persons who may hereafter become such officers or members, so long as they continue to hold such office or membership, shall constitute a body corporate and can sue and be sued in the name of the University.
(5) On sanction for the establishment of the University under sub-section (2), the land and other movable and immovable properties acquired, created, arranged or built by the trust for the purpose of the University shall vest in the University.
(6) In all suits and other legal proceedings by or against the University, the pleading shall be signed and verified by, and all processes in such suits and proceedings shall be issued to and be served on the Registrar.
(7) The land, building and other properties of the University shall not be used for any purpose other than incidental to the objects of the University.