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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University Grants Commission

