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Section 15: Procedure during dissolution or winding up of the University

The Brainware University Rules, 2018State Rules of West Bengal · 2015

(I) Notice of dissolution of the University shall be given to the State Government at least one year in advance.

(2) The notice of dissolution shall be accompanied by a resolution of the Governing Board along with a resolution of the sponsoring trust.

(3) On receipt of notice of winding up the State Government shall appoint an Administrator which shall replace the Governing Board of the University and also the CI4incellor of the University.

(4) The outgoing Governing Board shall however provide all assistance to the Administrator along with full details on the 'working of the University.

(5) The property of whatever kind owned or possessed by the University shall be used by the Administrator during the dissolution process of the University.

(6) The Administrator shall soon after his appointment, prepare an inventory of all properties, including its assets and liabilities and shall furnish to the State Government for consideration,

(7) The University shall not be dissolved until the liabilities o f the University arc completely meet up by realizing the same from the properties of the University.

6 THE K tiAZETIE. EXTRAORDINARY, JANUARY 4, 2019 {PART

Where this provision sits

ActThe Brainware University Rules, 2018
Section15
Marginal noteProcedure during dissolution or winding up of the University
JurisdictionState of West Bengal
StatusIn force as published by the source

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