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INDIAN INSTITUTES OF MANAGEMENT ACT, 2017
Section
Section Title
PREAMBLE
1
Short title and commencement
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2
Declaration of certain institutions as institutions of national importance
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3
Definitions
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4
Incorporation of Institutes
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5
Effect of incorporation of Institutes
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6
Objects of Institutes
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7
Powers and functions of Institute
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8
Institutes to be open to all irrespective of sex, race, creed, caste or class
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9
Institute to be not-for-profit legal entity
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10
Board of Governors
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11
Powers and functions of Board
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12
Term of office of, vacancies among, and allowances payable to members of Board
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13
Resignation of Chairperson
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14
Academic Council
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15
Power and functions of Academic Council
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16
Director
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17
Initiation of inquiry
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18
Custodian of records, etc
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19
Role of members of Society
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20
Committees and other authorities
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21
Grants by Central Government
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22
Fund of Institute
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23
Accounts and audit
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24
Books of account to be maintained by Institute
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25
Appointment of auditors
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26
Annual report of Director
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27
Board to consider statement of accounts
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28
Annual report of Institute
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29
Establishment of Coordination Forum
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30
Functions of Coordination Forum
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31
Acts and proceedings not to be invalidated by vacancies, etc
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32
Returns and information to be provided to Central Government
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33
Institute to be public authority under Right to Information Act
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34
Power of Central Government to make rules
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35
Power to make regulations
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36
Ordinances how made
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37
Rules and regulations to be laid before Parliament
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38
Power to remove difficulties
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39
Transitional provisions
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