Supreme Court grants B-schools interim stay against AICTE

Supreme Court grants B-schools interim stay against AICTE

On March 17, the honourable Supreme Court of India, hearing the writ petition filed by EPSI, AIMS and group of PGDM institutions, has granted interim stay against the AICTE notification that was issued on Dec, 2010.
The matter was heard by honourable judges of the Supreme Court on Thursday, 17 March 2011.

On March 17, the honourable Supreme Court of India, hearing the writ petition filed by EPSI, AIMS and Group of PGDM institutions, has granted interim stay against the AICTE notification that was issued on Dec, 2010.

This verdict is a big relief to the B-schools as they can now use any of the nationally recognized entrance tests like CAT & MAT for the admissions to the 2011-13 batch. The B-schools are also free to conduct their own GD-PI for admissions to the 2011-13 batch.

The matter was heard by honourable judges of the Supreme Court on Thursday, 17 March 2011.

The judgment will smoothen the admission process for more than 500 management institutes including the likes of XLRI, MDI, IMT, TA PAI Manipal, BIMTECH, Welingkar, KJ Somaiya.
MBAUniverse.com was the first news portal in the country to break the news of this important development.
On December 28, 2010, AICTE issued ‘provisions’ for regulating the PGDM courses in the country. In eight points, the notification called for much greater role of respective State Governments in running of B-schools, and had many provisions covering almost every aspect of running a management institute – from admissions to fee-structure, to curriculum design and disallowing the globally successful one-year MBA program to run in the country.
Across the country, management education fraternity were irked that government had issued an important notification apparently without any discussions or consultation with B-schools & other stakeholders.