It also said the institute is not entitled to award degrees.
"...IIPM is not an university within the meaning of the UGC Act. Further, as per section 22 of the Act, IIPM does not have the right of conferring or granting degrees as specified under the Act," the UGC said in a public notice.
The commission, which has been updating the students about fake universities and institutes in the country, also made it clear that only universities which are established under UGC Act or an institute especially empowered by Parliament to award degrees can confer or grant degrees.
"IIPM is neither entitled to award MBA, BBA, BCA degree not is it recognised by UGC," the commission said.
The public notice against IIPM is, however, not the first one as UGC has earlier too issued such notice cautioning the students against the institute awarding degrees.