Dear student,

Yes , you can leave the college after completing the first year of college but there will be no refund of fee and other payment made to the college, you documents will be returned after some time as they go through the channel to cancel your enrollment and remove your name from the registration list.

And you wont receive and mark sheet or certificate for the course even you have scored very good marks in both the semesters but there will always the advantage that you won't have any gap year in you want to get into any other college after this.