Establishment of Private University Bill, 2024

Apr 05, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Government of Nagaland on February 29, 2024, issued the Establishment of Private University Bill, 2024.

The following has been stated namely: -

• The Bill was issued to provide a stable policy and institutional framework to encourage private investment in the State with an emphasis on the guiding principles of access, equity, and quality in the higher education sector.

• The following procedure shall be adopted for the establishment of a private university: -

• The proposal for the establishment of a Private University shall be submitted to the Director. Directorate of Higher Education, Nagaland Kohima by the Sponsoring body. The sponsoring body shall be:

(a) A Society registered under the Societies Registration Act,1860 or

(b) Any Public Trust registered under the State Public Trust Act, or the Indian Trusts Act 1882 or under the relevant Laws in any other State or Union Territory or

(c) A Company registered under Sec 8 Companies Act, 2013.

• A Sponsoring Body desirous of setting up of a Private University, shall submit an application along with detailed proposal to the Director, Directorate of Higher Education along with a demand draft of ₹.2,00,000/- (Rupees two lakh) only in favour of Director, Higher Education.

[Notification No. AS/LEG-07/2024/1411]


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