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The ICFAI and others filed petitions in the Andhra Pradesh High Court challenging the notification. A single judge and a Division Bench dismissed them. ICFAI appealed the notification, contending that it was violative of a person's fundamental right to practise any profession guaranteed under Article 19 (1) (g) of the Constitution.
ICFAI was founded by N.J. Yasaswy, Besant C. Raj and Prasanna Chandra in 1984. [4] [5] In Hyderabad, the ICFAI Business School Hyderabad (IBS Hyderabad) was established by ICFAI in 1995. [citation needed] In 2008, the institution obtained deemed-to-be-university status with the name 'ICFAI Foundation for Higher Education'. IBS Hyderabad became ...
The ICFAI Business School Hyderabad (IBS Hyderabad) is a business school in India. It was founded in 1995 and is located in Dontanapalli, Shankarpally Road, Hyderabad . IBS Hyderabad is a constituent of the ICFAI Foundation for Higher Education (IFHE), a Deemed-to-be-University as per the UGC Act 1956.
On May 8, 2007, the U.S. District Court for the Eastern District of Virginia vacated a default judgment issued against ICFAI that CFA Institute obtained in October 1998. ICFAI had moved to reopen the case and to vacate the default judgment arguing that the court lacked jurisdiction over ICFAI at the time the default judgment was issued.
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Institute of Chartered Financial Analysts of India University, Jaipur (IUJ) was established under The ICFAI University, Jaipur Act, 2011 (Act No. 26 of 2011) passed by Legislative Assembly of Rajasthan. The university has been notified under Notification No. F. 2(26) Vidhi/2/2011 dated 22 September 2011.
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