However, the IIPM has right to continue because as per Article 19 (g) of the Constitution of India, people can carry out any appropriate trade or profession or business as a matter of freedom. But such institution cannot ask for recognition as a matter of right. The most they can do is to confer a Certificate or Diploma; but not a Degree. Moreover, the recognition of such Certificate / Diploma depends on the other institution or University or employer if they will accept it or not. However, in any case they cannot confer a Degree. They only have an option to get affiliation from a University to conduct classes for degree examination. But such examination and degree must be held/conferred by a University only.
For any clarification, add a comment here or directly refer to the UGC website.