Supreme Court orders all private universities to submit five-year audited financial reports
The case involves a writ petition challenging private universities operating as profit-making institutions, with the core issue being the Court's directive on financial transparency and operational guidelines for such institutions.
Petitioner: Ayesha Jain; Respondents: Amity University, Noida, and various government bodies including the Ministry of Education, University Grants Commission, and multiple state governments.
- No private university shall be run as a profit-making institution.
- All private universities must submit audited financial reports for the last five years.
- Universities must disclose details of funds generated, utilization, and payments to non-educational personnel.
- States must ensure submission of details regarding benefits taken from Central and State Governments.
- Universities must disclose admission procedures, fee collections, surplus fund handling, staff recruitment, grievance redressal mechanisms, and hospital affiliations.
- Affidavits must be filed by the Union of India/concerned State/UT Governments within six weeks.
- Respondents not represented today face a fine of Rs. 5,00,000 each to be deposited within two weeks.
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Document details
| Official title | 'No Private University Can Run As Profit-Making Institution', Supreme Court Seeks Financial Details From All Pvt Universities |
| Source body | Supreme Court of India — orders & judgments |
| Reference number | — |
| Status | closed (order) |
| Year | 2026 |
| Closing date | — |
| Documents | 1 |