The development comes against the backdrop of the Supreme Court directing the government in January this year to take a fresh look at them after taking advice from the UGC.
The apex court had directed the UGC to examine all the reports on the universities' failure to fulfil the criteria within two months and tender its advice to the Centre which will take a final call on the issue.
These 44 institutions were blacklisted by the Tandon committee which had examined a total of 126 institutes and had put these 44 in category C for failing on several parameters.
They said Tandon committee report was presented about five years back and hence taking a call about the fate of these institutes now would be unfair.
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Moreover, two other committees which went into their status had come out with reports that were "different from each other in every respect."
Taking all these factors into considerations, the commission after a meeting sometime back has decided for fresh review, sources said.
They also pointed to a UGC report in 2009-10 which had not recommended blacklisting of any of the universities even though all the committees were of the view that these universities failed on several parameters.
Notably, the review would be confined to 41 C category universities and not 44 as one of them have been upgraded into a centre of national importance and other two have withdrawn their deemed university status.