The Maharashtra higher and technical education department has mandated Universal Business School (UBS) in Karjat to refund fees to 268 students enrolled in an unauthorized Bachelor Business Administration (BBA)/Bachelor of Arts in Business Management (BABM) course. The institution, now renamed Universal AI University, asserts it ceased the program in 2022 following regulatory alterations. However, students are demanding degree equivalency instead of mere fee reimbursement, as their invalidated degrees obstruct further education and employment opportunities. Some students have escalated the issue to the Bombay High Court. UBS has countered the directive, appealing to an Appellant Authority, citing the matter's origins in 2014 and its ongoing legal status. This saga spotlights regulatory compliance in education and students' rights amidst institutional lapses.