College on sale invites students for enrolment

In an incident, which can be termed a big blunder, local pre-university college has put up huge banners across the district inviting students, despite attempts to sell out the college structure at a lump sum amount.

The flexes and hoardings put across electric polls and walls by Jnana Ganga, private pre-university college in Nellikatte in Mudubelle, invite students for enrolment.

However, the controversy supporting selling of land and college structure is in the court, wherein founder proprietor has gone to court urging its intervention, against the decision of selling, taken up by General Insurance Employees Cooperative Credit Society, Ajjarkadu, which owns the college.  

The founder proprietor Mattu Gopikrisha Rao, who quit the General Insurance Employees Cooperative Credit Society Board, has appealed that land and college structure should not be sold, as it would create problems to students.
No guarantee

The two year course offered by the college should have authenticity to guarantee completion of the course. However, private college has offered no guarantee and sought to enrol students for two year PU programme. 

It is pertinent to state that, the society should have issued notice not less than one academic year to Pre University Education Board indicating their intention to closing down the college as per Sec 105 of Karnataka Education Act, 1983.

Further, the society has not taken permission of PUE Board for selling the property in contravention of Sec107 of KE Act.

The question before is the prospects of the students taking up the programme, if the society sells the college.

The advertisement for the selling of the college structure and land was given on November 15, 2014 in all the leading Kannada dailies.  The students from North Karnataka region like Gulburga, Bidar and Bagalkot are studying in the college.

Parents in dark

Social Activist Rama Rao told Deccan Herald that the college has started enrolment for current academic year. However, parents and students are kept in dark.

The decision to sell the college structure and land was taken in May 2014 after Gopikrishna Rao resigned from the post of president.

The college was started during the year 2011-12. Another interesting fact is, that, as per advertisement, minimum price is fixed at Rs 5.5 crore, but as per Para 33 of Objection Statement of the Society, the market value of the property is Rs.6.92 crore.

Hence, none can say that, the intention of the society in selling the property was not for good reasons, but can definitely say that, the sale was planned by under quoting the property.

The demand value at present is Rs ten to eleven crores and buyers queuing to purchase the property.

Appeal against Rao

In midst of controversy, the society management has appealed against Rao requesting for permission to sell the property in the court, he added.

He said as per Objection Statement filed by the society before the Court of 2nd Additional Civil Judge, Udupi in OS No 2/2005, Society Managing Director Prabhakara Devadiga stated that, Para 31 - As far as compliance of provisions of K E Act is concerned, he said requirement would be complied in due course, he added.

Meanwhile, General Insurance Employees Cooperative Credit Society Managing Director Prabhakar K S said henceforth the college would be a separate entity. Earlier, the cooperative society and college were single body.

At present, as the cooperative society is running under loss, members have threatened to walk out, if the college is not alienated with other education trust.

He said the cooperative society is running under loss since inception, as the college is associated with it as part of social cause.

Seperate entity

The proposal to create a separate entity for the college was delayed. It is time to give a thought.

The tax is exempted for cooperative society. However, the college is taxable institute without profit.

The accountability is at task. The stay order brought by the former president is vacated in the district civil court and his appeal is rejected, he added.