Section 39(1) in Pandit Sundar Lal Sharma (Open) University Chhattisgarh Adhiniyam, 2004
(1)If the State Government is satisfied that owing to maladministration or financial mismanagement in the University a situation has arisen whereby financial stability of the University has become insecure, it may by notification, declare that the finances of the University shall be subject to the control or the State Government.
