India, Feb. 13 -- The Bombay High Court has upheld the validity of Clause 6(G) of the Establishment of Medical Institutions, Assessment and Rating Regulations, 2023, which permits only non-profit companies registered under Section 8 of the Companies Act, to establish medical colleges.

A division bench of Justices Sandipkumar More and Abasaheb Shinde dismissed a petition filed by Ajeet Seeds Pvt Ltd, which sought permission to start a medical college in Ganganagar, Chhatrapati Sambhajinagar district. The company had already set up a hospital in the area with an investment of Rs.350 crore.

The firm approached the court after the National Medical Commission (NMC) and the Central Government rejected its proposal, citing Clause 6(G) of the 2...