(1) There shall be established a Unitary Self-Financing University by the name of Sri Sri University after the Endowment Fund is set up which shall be notified by the Government in the Official Gazette:
Provided that no notification shall be made unless a High Power Committee constituted by the Government certifies to the Government that land for the establishment of the University is available and all necessary infrastructure including buildings, equipments, teaching staffs etc. are in place and that the UGC (Establishment and Maintenance of Standards on Private University) Regulations, 2003, have been fully complied with by the University.
Endowment Fund.
Establishment and Incorporation of the University.
2 of
1882.
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(2) The main campus of the University shall be at Naraj in the district of Cuttack and Off-campuses, may be anywhere inside the State, with the approval of the Board and in accordance with the minimum criteria in terms of programmes, faculty, infrastructural facilities, financial viability, etc., as laid down, from time to time, by the U.G.C. and other concerned statutory bodies such as the All India Council for Technical Education (AICTE), the Bar Council of India (BCI), the Distance Education Council (DEC), the Dental Council of India (DCI), the Indian Nursing Council (INC), the Medical Council of India (MCI),the National Council for Teacher Education (NCTE) and the Pharmacy Council of India (PCI), etc..
(3) The University shall be a body corporate by the name aforesaid, having perpetual succession and common seal, with power, subject to the provisions of this Act, to acquire and hold property, to contract and shall, by the same name, sue and be sued.
(4) In all suits and other legal proceedings by or against the University, the pleadings shall be signed and verified by the Executive Registrar and all processes in such suits and proceedings shall be issued to, and serviced on, the Executive Registrar.
(5) The University shall be located at ‘Naraj’ in the district of Cuttack with its administrative office at Bhubaneswar.