(1) Subject to such directions as the State Government may issue from time to time, the Administrator appointed under section 5 shall have all the powers of management and control in relation to the Bangabasi Group of Colleges.
(2) (i) All persons constituting the ad hoc committees appointed by the University of Calcutta and all other persons exercising any power of management in relation to the Bangabasi Group of Colleges immediately before the appointed day, shall be deemed to have vacated their offices and shall cease to exercise such power;
(ii) All such persons who have in their possession, custody or control any asset or assets of the Bangabasi Group of Colleges shall forthwith deliver possession of such asset or assets to the Administrator appointed under section 5.
7. Any person who— Penalty.
(a) having in his possession, custody or control any property belonging to the Bangabasi Group of Colleges, wrongfully withholds such property from the Administrator, or
(b) wrongfully obtains possession of any property forming part of the property of the Bangabasi Group of Colleges, or
(c) wilfully withholds or fails to produce to any person authorised under this Act, any register, record or other documents which may be in his possession, custody or control, or
(d) fails, without any reasonable cause, to submit any accounts, books or other documents, when required to do so, shall be punishable with imprisonment for a term which may extend to six months, or with fine which may extend to five hundred rupees, or with both.
Effect of taking over of management.
303 The Bangabasi Group of Colleges (Taking over of Management) Act, 1978.
[West Ben. Act (Sections 8-13.)
Power to defend suits and procedings.
Protection of action taken under this Act.
Advances by the State Government.
Contracts, agreements, etc., to remain suspended.
Period of limitation.
Act to have overriding effect.
8. The Administrator appointed under section 5 shall have the power to institute, defend or take part in, any suit or proceeding by or against the Bangabasi Group of Colleges.
9. No suit or prosecution or other legal proceeding shall lie against the State Government or the Adminstrator or any other person appointed under section 5 for anything which is in good faith done or intended to be done under this Act or the rules made thereunder.