Section 1 Short title and commencement.
(1) This Act may be called the Rajiv Gandhi Institute ofPetroleum Technology Act, 2007.
(2) It shall come into force on such date as the Central Government may, by notification in theOfficial Gazette, appoint, and different dates may be appointed for different provisions of this Act.
Section 2 Declaration of Rajiv Gandhi Institute of Petroleum Technology as an institution of national importance.
Whereas the objects of the institution known as the Rajiv Gandhi Institute of PetroleumTechnology, Jais, District--Rae Bareli, Uttar Pradesh are such as to make the institution one of nationalimportance, it is hereby declared that the institution known as the Rajiv Gandhi Institute of PetroleumTechnology is an institution of national importance.
Section 3 Definitions.
In this Act, unless the context otherwise requires,--
(a) "appointed day" means the date appointed under sub-section (2) of section (1) for coming intoforce of this Act;
(b) "Board" means the Board of Governors of the Institute constituted under sub-section (1) ofsection 5;
(c) "Chairperson" means the Chairperson of the General Council;
(d) "Director" means the Director of the Institute appointed under section 20;
(e) "fund" means the fund of the Institute to be maintained under section 24;
(f) "General Council" means the General Council established under sub-section (1) of section 15;
(g) "Institute" means the Rajiv Gandhi Institute of Petroleum Technology incorporated undersection 4;
(h) "President" means the President of the Board appointed under clause (a) of sub-section (1) ofsection 5;
(i) "Registrar" means the Registrar of the Institute referred to in section 21;
(j) "Senate" means the Senate of the Institute referred to in section 17;
(k) "Society" means the Rajiv Gandhi Institute of Petroleum Technology Society, JaisDistrict--Rae Bareli, Uttar Pradesh registered under the Societies Registration Act, 1860(21 of 1860); and
(l) "Statutes" and "Ordinances" mean, respectively, the Statutes and Ordinances of the Institutemade under this Act.
Section 4 Incorporation of Institute.
The Rajiv Gandhi Institute of Petroleum Technology shall be a bodycorporate having perpetual succession and a common seal with power, subject to the provisions of thisAct, to acquire, hold and dispose of property and to contract, and shall, by that name, sue and be sued.
Section 5 Constitution of Board of Governors.
(1) With effect from such date as the Central Governmentmay, by notification in the Official Gazette, appoint, there shall be constituted by the Central Governmentfor the purposes of this Act, a Board to be known as the Board of Governors consisting of the followingmembers, namely:--
(a) the President to be appointed by the Central Government in such manner as may be providedby the Statutes:
Provided that the first President shall be appointed by the Central Government on such terms andconditions as it deems fit, for a period not exceeding six months from the date the first Statutes comesinto force.
(b) the Director of the Institute, ex officio;
(c) two persons from the Board of Directors of the promoting companies to be nominated by theCentral Government.
Explanation.-- For the purposes of this clause, promoting companies mean those companiescontributing to the endowment fund referred to in section 25;
(d) one Professor of the Indian Institute of Technology, Kanpur to be nominated by the Directorof that Institute;
(e) five eminent experts in the field of petroleum technology covering the entire hydrocarbonvalue chain having specialised knowledge or operational experience in respect of education, research,engineering and technology to be nominated by the General Council, in consultation with the Directorof the Institute;
(f) two Professors of the Institute to be nominated by the Senate of the Institute; and
(g) one representative of the graduates of the Institute to be nominated by the ExecutiveCommittee of the Alumni Association.
(2) The Registrar of the Institute shall act as the Secretary of the Board.
(3) The Board shall ordinarily meet four times during a calendar year.
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