The minimum punishment for a sedition offence is three years and the maximum is life sentence.
Separately, Meerut district authorities ordered a magisterial inquiry into the conduct of the students studying at Swami Vivekananda Subharti University.
Jammu and Kashmir Chief Minister Omar Abdullah slammed the slapping of sedition charge as uncalled for and an "unacceptably harsh punishment" and said it will ruin the future of the students and further alienate them. He asked the UP government to reverse the decision.
"Have just spoken to CM UP who has assured me he will personally look into the matter of the Kashmiri students in Meerut," said Omar on Twitter.
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SSP(Meerut) Omkar Singh said that on the basis of the complaint submitted by University Chancellor PK Garg, unnamed Kashmiri students have been booked under section 124 A (sedition), 153 A (promoting enmity between different groups) and 427 (mischief) of IPC.
University authorities had set up a disciplinary committee to probe the incident. Around 200 Kashmiri students are enrolled in B.Tech and law courses in the university.
Sedition charge is a non-bailable offence which means the accused cannot be granted bail by the arresting authority. The accused has to approach a court to seek a regular bail.
The opposition PDP in Jammu and Kashmir demanded that the punitive action including sedition charge be dropped and the University authorities apologise to the nation.
Two of the students identified as Gulzar and Mateef said the FIR was "illegal" and they had done no wrong and only cheered for a "talented team". They said they won't go back to Meerut without any guarantee for their safety.