Section 7(c) in Chhattisgarh Private Universities (Establishment and Operation) Rules, 2005
(c)After receipt of notice if Sponsoring Body fails to reply within stipulated period. Commission may recommend to the State Government for permission to forfeit the Endowment Fund and after obtaining permission Endowment Fund shall be forfeited and credited in the Government Account under the Head "0202-Education, Sports, Arts and Culture (103) University and Higher Education (0883).
