used for the development of the University: Provided that the Sponsoring trust shall make available the whole Endowment Fund to the Administrator during the process ... Endowment Fund shall be invested and kept invested until the dissolution of the University. (3) A security deposit shall be pledged in the name
application.
(1) The movable and immovable properties of the Sponsoring trust as described under Schedule-B shall be deemed to have been transferred and vested ... applied for meeting the liabilities of the University in the event of dissolution or winding up of the University in such manner
University.
(1) The Governing Board in consultation with the Sponsoring trust and the Visitor may recommend to the State Government to dissolve the University ... winding up in such manner as may be prescribed. (4) The dissolution of the University shall have effect only after the last batch