Act Number: 3

Act Name: The Indian Institute of Petroleum and Energy Act

Year: 2018

Enactment Date: 2018-01-05

Long Title: An Act to declare the institution known as the Indian Institute of Petroleum and Energy to be an institution of national importance and to provide for its incorporation and for matters connected therewith or incidental thereto

Ministry: Ministry of Petroleum and Natural Gas

Department:

Section 25: Setting-up of endowment fund.
    Notwithstanding anything contained in section 24, the Institute may,—
         (a) set-up an endowment fund and any other fund for a specified purpose; and
         (b) transfer money from its fund to the endowment fund or any other fund.
Previous Section Next Section
Scroll to Top