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Core Purpose

The Indian Institutes of Management (Amendment) Act, 2025, further amends the Indian Institutes of Management Act, 2017.

Detailed Summary

The Indian Institutes of Management (Amendment) Act, 2025 (No. 31 of 2025), which received the assent of the President on August 21, 2025, further amends the Indian Institutes of Management Act, 2017 (33 of 2017). This Act stipulates that it shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint. Key amendments include the substitution of sub-section (1) of section 4, declaring every Institute as a body corporate by its name as mentioned in column (5) of the Schedule. Furthermore, sub-section (1B) is inserted into section 4, making all provisions of the principal Act applicable to the Indian Institute of Management, Guwahati, from the commencement date of the 2025 Amendment Act. Section 39 is amended by inserting clause (g) in sub-section (1), which provides that until the first Board of the Indian Institute of Management, Guwahati is constituted, its powers and functions will be exercised by such person or persons as the Central Government may direct. Finally, the Schedule to the principal Act is amended by inserting a new entry at Sl. No. 22, formally adding 'Indian Institute of Management, Guwahati' for Assam.

Full Text

REGISTERED NO. DL-(N)04/0007/2003-25 The Gazette of India CG-DL-E-22082025-265619 EXTRAORDINARY PART II — Section 1 PUBLISHED BY AUTHORITY No. 36] NEW DELHI, THURSDAY, AUGUST 21, 2025/SHRAVANA 30, 1947 (Saka) Separate paging is given to this Part in order that it may be filed as a separate compilation. MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 21st August, 2025/Shravana 30, 1947 (Saka) The following Act of Parliament received the assent of the President on the 21st August, 2025 and is hereby published for general information:— THE INDIAN INSTITUTES OF MANAGEMENT (AMENDMENT) ACT, 2025 No. 31 OF 2025 [21st August, 2025.] An Act further to amend the Indian Institutes of Management Act, 2017. BE it enacted by Parliament in the Seventy-sixth Year of the Republic of India as follows:— 1. (1) This Act may be called the Indian Institutes of Management (Amendment) Act, 2025. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint. Short title and commencement. Amendment of section 4. 2. In section 4 of the Indian Institutes of Management Act, 2017 (hereinafter referred to as the principal Act), — (i) for sub-section (1), the following sub-section shall be substituted, namely:- "(1) Every Institute shall be a body corporate by the same name as mentioned in column (5) of the Schedule."; (ii) after sub-section (1A), the following sub-section shall be inserted, namely:- "(IB) On and from the date of commencement of the Indian Institutes of Management (Amendment) Act, 2025, all the provisions of this Act shall apply to the Indian Institute of Management, Guwahati.". 33 of 2017. Amendment of section 39. 3. In section 39 of the principal Act, in sub-section (1), after clause (f), the following clause shall be inserted, namely:- "(g) until the first Board of the Indian Institute of Management, Guwahati is constituted under this Act, all the powers and functions which may, by or under the provisions of this Act, be exercised or performed by or on behalf of such Board on the commencement of the Indian Institutes of Management (Amendment) Act, 2025, shall be exercised and performed by such person or persons as the Central Government may direct in this behalf.". Amendment of Schedule. 4. In the Schedule to the principal Act, after Sl. No. 21 and the entries relating thereto, the following Sl. No. and entries shall be inserted, namely:— "22. Assam Guwahati Indian Institute of Management, Guwahati.". DR. RAJIV MANI, Secretary to the Govt. of India. UPLOADED BY THE MANAGER, GOVERNMENT OF INDIA PRESS, MINTO ROAD, NEW DELHI-110002 AND PUBLISHED BY THE CONTROLLER OF PUBLICATIONS, DELHI-110054. MGIPMRND-172GI(S4)—22-8-2025. KSHITIZ MOHAN Date:2025.08.22 13:18:10+05'30'

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