As per the decision of the Board of Management meeting held on 28 July, 2014, every student of the University/Institute/College is required to claim his/her refundable security amount within one year from the date of leaving the University/Institute/College. In case, a student fails to claim his/her refundable security within a period of one year, his/her refundable security amount will lapse and his/her claim will be treated as forfeited.