While stating that it has, so far, received no notice from CBSE, the school said it was committed to follow the rules and regulations as issued by CBSE and will respond to the notice if served.
"The school management is in the process of further strengthening its mechanisms pertaining to the anti-ragging squad and anti-ragging committee," it said in a statement.
The housemaster, and the assistant housemaster found negligent in this matter were debarred from their duties, it said.
A fact-finding committee of the CBSE regional directorate which visited the school on August 24 has concluded that "the student was ragged", officials in the HRD Ministry said.
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They, however, said that the committee has not been able to establish whether he attempted suicide.
In its statement, the schools also said it has a disciplinary committee comprising the principal, vice principal, four deans, head of middle school and four senior faculty.
This committee proactively investigates issues pertaining to ragging.