Dismissing a petition by a medical college, Justice K K Sasidharan said imparting education was earlier considered as pious and charitable but now it became a lucrative business enabling the entrepreneurs to make easy money.
"Ill-equipped medical institutions often produced half-baked medical professionals," the judge observed, adding, the medical seats were being auctioned for crores of rupees.
The judge also said universities established by the Central and state governments had no control over many of the medical colleges, since they have been considered deemed university status.
He made these observations, while dismissing a petition filed by Sri Sathyasai Medical College and Research Institute at Kancheepuram, which challenged the proceedings of the Ethics Committee of Medical Council of India (MCI).
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Petitioner M K Rajagopalan, who was also Vice-Chancellor, had filed applications before the Chief Metropolitan Magistrate, Egmore, which allowed discharge applications after hearing the CBI.
The MCI had on June 7 this year informed the petitioner of a CBI report which alleged manipulation of records and wanted the petitioner to appear before its Ethics Committee on June 29. Notices were also issued to 26 faculty members.
The petitioner submitted that he was already been discharged by the criminal court and there was no basis to continue the proceedings by the Ethics Committee.