News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

Home  » Business » Results give IIM-C fresh lease of life

Results give IIM-C fresh lease of life

By Ishita Ayan Dutt in Kolkata
May 14, 2004 11:37 IST
Get Rediff News in your Inbox:

The defeat of the National Democratic Alliance government has given a fresh lease of life to the faculty council of Indian Institute of Management Calcutta as they plan to review the necessity of the ongoing case at the Calcutta high court.

Ashis Bhattacharya, spokesperson for IIM-C said that the council would speak to its lawyers and discuss whether the council should pursue the case.

The IIM Controversy: Complete Coverage

Though, the faculty council filed the lawsuit challenging validity of the board meeting held on March 26, the main issue pertained to the resolution drafted by chairman, Y C Deveshwar.

The bone of contention was that the faculty council believed that the March 26 board meeting decided to nominate the chairman to draft a resolution, which would be ratified by the board, at a later date.

However, the chairman after drafting the resolution, circulated it to the stakeholders as the final resolution.

Bhattacharya explained that if the fee slash did not happen then the resolution would lose its meaning.

Moreover, he pointed that Congress was against slashing of fees and with the new government, circumstances would change.

But, Bhattacharya also pointed out that if the case continued, it would be in order to protect the governance system and the spirit of the memorandum of association.

The faculty council was hopeful that with the new government in place, the healthy relationship between the two most important stakeholders of the institution -- the union of India and the faculty -- would be re-established.

Bhattacharya said, there might be scope for improvement in the administration of the institutions and the institution was open to exploring such possibilities, if the government were to come up with any proposal.

Meanwhile Calcutta High Court observed any steps taken by IIMC with regard to the resolution adopted on March 26 would be bound by the result of the writ petition filed by some faculty members.
Get Rediff News in your Inbox:
Ishita Ayan Dutt in Kolkata
 

Moneywiz Live!