Section 3 in The Maharashtra Universities Act, 1994
3. Incorporation of universities.
(1)In relation to each of the existing universities specified in column (1) of Part I of the Schedule, with effect from the date of commencement of this Act, the corresponding university with the name, specified against it in column (2) of the said Part, is hereby constituted under this Act, for the same area specified in column (3) of the said Part for which it was constituted immediately before the date of commencement of this Act.(2)The State Government may, from time to time, by notification in the Official Gazette, constitute any new university under this Act by such name, for such area and with effect from such date as may be specified by it and insert necessary entries in Part II of the Schedule, and may for that purpose or any other purposes specified in that behalf diminish, increase or alter the area of any existing or new university by suitably amending the Schedule, by the said notification, and thereupon the entries in column (3) of Part, I or in column (2) of Part II, as the case may be, of he Schedule, shall stand amended accordingly, and all educational institutions, whether colleges, institution, by whatever name called within the area of the new university which are affiliated to or recognised by the existing university shall, from the date aforesaid, stand affiliated to or recognised by the new university:Provided that, no such notification shall be issued except on a resolution passed by both Houses of the State Legislature.(3)Notwithstanding anything contained in sub-section (2), if, in the exigency of circumstances the new university considers it expedient that certain privileges of the existing university to which such educational institutions as referred to in subsection (2), were entitled immediately before the date specified under sub-section (2), should be continued for a certain period, into exceeding a period of five years in the aggregate, after the date aforesaid, the new university may accordingly forward its recommendations to the State Government and on receipt of such recommendations the State Government may, if it is satisfied that such privileges should be so continued, by notification in the Official Gazette, provide that for such period as may be specified in the notification such privileges shall continue.(4)The Chancellor, Vice-Chancellor, Pro-Vice-Chancellor, if any, the members of the Senate, Management Council and Academic Council for the time being holding office as such in each university are hereby constituted and declared to be a body corporate by the name specified therefor in the Schedule and shall have perpetual succession and a common seal and may by that name sue and be sued.(5)Each university shall be competent to acquire and hold property, both movable and immovable, to lease, sell or otherwise transfer or dispose of any movable or immovable property, which may vest in or be acquired by it for the purposes of the university, and to contract and do all other things necessary for the purposes of this Act:Provided that, no such lease, sale or transfer of such property shall be made without the valuation made thereof by the approved valuer appointed by the university and without the prior consent of the State Government.
