Section 14 in Tamil Nadu Dr. M.G.R. Medical University Chennai (Affiliation of Dental Colleges) Statutes
14.
After a detailed examination of the final report of the inspection commission and if the University is fully satisfied as to the fulfilment of the conditions for the affiliation for the First Year B.D.S. Degree course of study, the University shall direct the applicant Trust/Society to remit a sum of Rs. 20,00,000 (Rupees twenty lakhs only) towards the security deposit. The security deposit shall be invested in a fixed deposit in a nationalized bank jointly in the names of the Registrar, the Tamil Nadu Dr. M.G.R. Medical University, Madras, and the Trust/Society. The fixed deposit receipt shall be kept in the custody of the Registrar.
