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Section22
The Institutes of Technology Act, 1961

Fund of the Institute

In force From 01 Apr 1962 Act 59 of 1961 As on 18 Oct 2026

Act 59 of 1961 Ministry Education Enacted 19 Dec 1961 In force 01 Apr 1962

Section 22 of the Institutes of Technology Act, 1961 deals with fund of the Institute. Every Institute shall maintain a Fund to which shall be credited-- (a) all moneys provide by the Central Government; The Act came into force on 01 Apr 1962.

(1) Every Institute shall maintain a Fund to which shall be credited--

(a) all moneys provide by the Central Government;

(b) all fees and other charges received by the Institute;

(c) all moneys received by the Institute by way of grants, gifts, donations, benefactions, bequests or transfers; and

(d) all moneys received by the Institute in any other manner or from any other source.

(2) All moneys credited to the Fund of any Institute shall be deposited in such Banks or invested in such manner as the Institute may, with the approval of the Central Government, decide.

(3) The Fund of any Institute shall be applied towards meeting the expenses of the Institute including expenses incurred in the exercise of its powers and discharge of its duties under this Act.

Section 22, The Institutes of Technology Act, 1961 (Act 59 of 1961).

Questions about Section 22

What does Section 22 of the Institutes of Technology Act deal with?

Section 22 of the Institutes of Technology Act is headed "Fund of the Institute". Every Institute shall maintain a Fund to which shall be credited-- (a) all moneys provide by the Central Government;

How do I find court cases under Section 22 of the Institutes of Technology Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Institutes of Technology Act 22, section 22 Institutes of Technology Act, section 22 of the Institutes of Technology Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

When did Section 22 of the Institutes of Technology Act come into force?

Section 22 of the Institutes of Technology Act, cited as Institutes of Technology Act 22, came into force on 01 Apr 1962, having been enacted on 19 Dec 1961. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 18 Oct 2026. This page is not a substitute for legal advice.