Section 5(1) in The Global Open University (Nagaland) Act, 2006
(1)Without prejudice to the generality of the foregoing provisions, the University shall have the following powers and functions :(i)to provide for instruction, teaching and training in all branches of study and particularly for research advancement and dissemination of knowledge through establishment of institutes, departments schools, faculties and other centres of excellence;to hold examinations and to grant and confer certificates, diplomas, degrees and other academic distinction on those who pass the examinations, to confer honorary distinctions on mean and women of.(ii)eminence and to withdraw the certificates, diplomas etc. from those who had been conferred for good and sufficient reasons;(iii)to transform the University into a Centre of Excellence particularly in the fields of healthcare, medical and para-medical education, hospital, administration, physical and biological sciences technology including information and communication technologies Engineering Social work Environmental Science, Law Fine Arts etc.(iv)to maintain and manage the physical and financial assets of the University in the most effective manner with a view to promoting the purposes of the University;(v)to appoint professors, associate professors assistant professors, readers, lecturers and others connected with teaching with a view to imparting instructions of very high standards;(vi)to establish all physical amenities conducive to the most effective learning by the students, enrolled with the University;(vii)to institute fellowships scholarships prizes medals etc. with a view to promoting research and motivating study;(viii)to collaborate, cooperate and act jointly with other organizations, institutions Universities etc. within and outside India, particularly in the fields of medical education, Engineering Technology, Environmental Science, Law and Fine Arts etc., for strengthening research and improving the quality of instructions to students;(ix)to disseminate knowledge through seminar, conferences, executive education programs, community development programs, publications and training programs;(x)to provide consultancy to industry Government and public organizations;(xi)to establish and maintain within the premises of the University or elsewhere such class rooms, study halls as the University may consider necessary and adequately furnish the same;(xii)lo receive grants, subscriptions, donations and gifts for the purpose of the University and consistent with the objects for which the University is established;(xiii)to purchase, take on lease or accept as gift or otherwise any land or building or works which may be necessary or convenient for the purpose of the University on such terms and conditions as the University may deem fit, and to construct or alter and maintain any such buildings or works;(xiv)to execute conveyances, transfers, re-conveyances, mortgages, leases, licence and agreements in respect of property, movable including securities belonging to the University or to acquire the same for the purpose of the University;(xv)to enter into agreements with Organizations which may include the Central Government the State Government, the University Grants Commission or other authorities for receiving grants;(xvi)to accept grants of money securities or property of any kind on such terms and conditions as may be deemed expedient;(xvii)to raise and borrow money on mortgage, promissory notes or on other obligations or securities based upon all or any of the properties and assets of the University with or without any securities and upon such terms and conditions as it may deem fit and to pay out of the funds of the University, all expenditures incidental to the raising of the money and to repay and redeem any money borrowed;(xviii)to invest the funds of the University or money entrusted to the University in other such securities and in such manner as it may deem fit and from time to time transpose any investment; and(xix)to do all other acts as the University may consider necessary that are conducive or incidental to the attainment and promotion of the aforesaid objectives.
