In the event of dissolution or winding up of the University, the assets remaining as on the date of dissolution shall under no circumstances be distributed among the members of the Executive Council or Finance Committee, but the same shall be transferred to another University whose objects are similar to that of this University.
Section 37: Dissolution or winding up of the university
The Karnataka State AYUSH University Act, 2021.State Act of Karnataka · Act 8 of 2022
Where this provision sits
| Act | The Karnataka State AYUSH University Act, 2021. |
|---|---|
| Section | 37 |
| Marginal note | Dissolution or winding up of the university |
| Jurisdiction | State of Karnataka |
| Status | In force as published by the source |
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