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The 21-year-old student was found hanging inside the toilet of the hostel on February 18 after facing brutal torture from SFI activists.
He received the suspension order through WhatsApp amid preparations to suspend the college Dean and assistant warden of the men's hostel.
KSU state vice-president Muhammed Shammas presented RTI documents as proof to validate his allegations against the VC and the university.
Some of the scars and injuries on the body were two to three days old.
The KSU leaders have also confirmed that the police have not yet approached the hospitalised party workers to take the statement.
Police said they would take appropriate legal action soon.
Meanwhile, the NIT-C constituted a panel to investigate the incident and assured appropriate action based on the findings of the committee.
In the Kerala Budget presented yesterday, Finance Minister K N Balagopal announced that foreign and private universities will be welcomed to set up campuses in the state.
Kunnamangalam police said they have invoked Section 153 (wantonly giving provocation with the intent to cause riot) against Prof Shaija A, a senior faculty member at NIT-Calicut.
A large number of students gheraoed the NIT staff in protest of the suspension. The protests went late into Thursday night.