Page 12 - NLUD Act

6 NATIONAL LAW UNIVERSITY ACT, 2008 Chap.II, Sec.5

(x) To sell, exchange, lease or otherwise dispose of all or any portion of
the properties of the University, moveable or immovable, on such
terms and conditions as it may think fit and proper without prejudice
to the interests and activities of the University;
(y) To draw and accept, to make and endorse, to discount and negotiate
Government of India and other promissory notes, bills of exchanges,
cheques or other negotiable instruments;
(z) To execute conveyances, transfers, re-conveyances, mortgages,
leases; licences and agreements in respect of property, moveable or
immovable including government securities belonging to the University
or to be acquired for the purpose of the University;

(Za) to appoint in order to execute an instrument or transact any business
of the University any person as it may deem fit;
(Zb) to give up and cease from carrying on any classes or departments of
the University;
(Zc) to enter into any agreement with the Central Government State
Government, the University Grants Commission or other authorities
for receiving grants;
(Zd) To accept grant of money, securities or property of any kind or
description on such terms and conditions as may be deemed
expedient;
(Ze) To raise and borrow money on bonds, mortgages, promissory notes
or other obligations or securities founded or based upon all or any of
the properties and assets of the University or without any securities
and upon such terms and conditions as it may think fit and to pay
out of the funds of the University, all expenses incidental to the raising
of money, and to repay and redeem any money borrowed or debt
made;
(Zf) to invest the funds of the University or moneys entrusted to the
University in or upon such securities or deposits and in such manner
as it may deem fit and from time to time transpose any investments;
(Zg) To make such Statutes, Regulations and other instruments as may,
from time to time, be considered necessary for regulating the affairs
and the management of the University and its properties and to alter,
modify and to rescind them;
(Zh) To constitute for the benefit of the academic, technical, administrative
and other staff, in such manner and subject to such conditions as