3. The University.-
(1) There shall be established a University by the name of "Nagaland University".
(2) The headquarters of the University shall be at Lumami and it may also establish campuses at such other places within its jurisdiction as it may deem fit.
(3) The first Chancellor and the first Vice-Chancellor and the first members of the Court, the Executive Council, the Academic Council and the Planning Board and all persons who may hereafter become such officers or members, so long as they continue to hold such office or membership, are hereby constituted a body corporate by the name of "Nagaland University".
(4) The University shall have perpetual succession and a common seal and shall sue and be sued by the said name.