Lawgist4Incorporation of Institutes
(1) On and from the commencement of this Act, every existing Institute, shall be a body corporate by the same name as mentioned in column (5) of the Schedule.
(2) On and from the appointed day, any other Institute of Information Technology as may be established under section 11 shall be a body corporate by such name as the Central Government may, by notification, specify.
(3) Every existing Institute or any Institute established under sub-section (2) shall have perpetual succession and a common seal, with power, subject to the provisions of this Act, to acquire, hold and dispose of property, both movable and immovable, and to contract, and shall, by its name, sue or be sued.
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- 4 Incorporation of Institutes
- 5 Effect of incorporation of Institutes
- 6 Objects of Institute
- 7 Powers and functions of Institute
- 8 Institutes to be open to all races, creeds and classes
- 9 Teaching at Institute
- 10 Institute to be a distinct legal entity not-for-profit
- 11 Establishment of Institute by Central Government, State Government and industry partners
