Is it true that the administration at XLRI Jamshedpur is tyrannical and makes life miserable for students there?

Using words like "tyrannical" and "miserable" seems harsh. Your information source might have exaggerated the situation at XL. Compared to other B-schools, the students at XL enjoy similar, if not more, freedom. A student body has a say in negotiating with the administration, and they have been able to change administrative decisions in the past. The administration does play a role in maintaining discipline on campus, but students also have a responsibility to represent the school well. Overall, students at XL have a memorable experience, and administration interference in day-to-day life is minimal.