Page 320 - Compendium of UGC Regulations 1957-2023
P. 320

Regulations pertaining to Autonomy to HEIs:



                             additional guaranteed and committed financing requirements. In the event of withdrawal
                             of  the  declaration  of  ‘Institution  of  Eminence  Deemed  to  be  University’  status  the
                             Corpus Fund shall stand forfeited to the Commission for meeting the liabilities, if any
                             (including any penalty), and the balance would be returned after meeting the liabilities
                             within one year.
                  21.0  PENALTIES

                       21.1  If the Institution of Eminence Deemed to be University is unable to meet the goals at
                             the end of the fifth and subsequent years and there are grave deviations, as determined
                             by the Empowered Expert Committee, from the implementation plan, the Empowered
                             Experts Committee may make appropriate recommendations to the UGC which shall
                             forward it to the Ministry of Human Resource Development to take action under these
                             Regulations.


                       21.2  The Ministry of Human Resource Development, on recommendation of the Empowered
                             Experts Committee as forwarded by the UGC, may take any one or more of the actions
                             given below:
                             a)   Withdrawing of any or all additional incentives given to it under these Regulations.

                             b)   Removal  of the  Institution  of Eminence  status  and  replacing  it  by ordinary
                                  Deemed to be University status, wherein it shall be deemed to be set up under
                                  UGC (Institutions Deemed to be Universities) Regulations, 2016.

                             c)   Removal of Institution of Eminence Deemed to be University status and asking it
                                  to get affiliated to any existing State University.
                             d)   Stopping of admissions for specified number of years.
                  22.  AUDIT

                       The  Institution  of Eminence  Deemed  to  be  University  shall  be  audited  every  year  by  a
                       Chartered Accountant and the audit report shall be sent to Commission within nine months
                       of the completion of the financial year.
                       For the purposes of this Regulation, “Charted Accountant” shall have the same meaning as
                       contained in the Charted Accountants Act, 1949.
                  23.  MISCELLANEOUS

                       23.1  In case there is any difficulty encountered in the course of implementation of any of the
                             provisions, the Government, with intention to remove the difficulty, may give suitable
                             clarifications, not amounting to change in Regulation itself.
                       23.2  The Empowered Experts Committee shall examine proposals on issues not covered in
                             the Regulations and make recommendations to the Competent Authorities.
                       23.3  UGC will  provide  all  secretarial  assistance  to the programme,  including  to the
                             Empowered Expert Committee including honorarium to be paid to the members. The
                             expenditure on account of accessing any expert either domestic or international by
                             Empowered Expert Committee shall also be borne by UGC. There shall be no provision
                             for creation of posts.
                                                                                          P. K. THAKUR, secy.

                                                                                    [ADVT.-111/4/Exty./205/17]

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