Amendment status not verified — confirm the current text below against the official source.
The word “Vice Chancellor” substituted by the Act No. 7 of 2005 Section 8. 3 . The word “Vice Chancellor” substituted by the Act No. 7 of 2005 Section 8. 4 . The Clause (i) omitted by the Act No. 7 of 2005 Section 9. 5 . The Clause (ii) substituted by the Act No. 7 of 2005 Section 9. may deem fit; (v) to invest any money belonging to the University, including any unapplied income, in such stock, funds, shares or securities, as it may, from time to time, think fit, or in the purchase of immovable, property in India, with the like power of varying such investments from time to time; (vi) to transfer or accept transfers of any movable, or immovable property on behalf of the University; (vii) to enter into, vary, carry out and cancel contracts on behalf of the University and for that purpose to appoint such officers as it may think fit; (viii) to provide the buildings, premises, furniture and apparatus and other means needed for carrying on the work of the University; (ix) to entertain, adjudicate upon, and if it thinks fit, to redress any grievances of the officers, the teachers, the students and the employees of the University; (x) to create teaching, administrative, ministerial and other necessary posts, to determine the number and emoluments of such posts, to specify the minimum qualifications for appointment to such posts on such terms and conditions of service as may be prescribed by the Regulations made in this behalf; (xi) to appoint examiners and moderators, and if necessary to remove them and to fix their fees, emoluments and travelling and other allowances, after consulting the Academic Council; (xii) to select a common seal for the University; and (xiii) to exercise such other powers and to perform such other duties as may be considered necessary; or imposed on it by or under this Act. (3) (i) the Executive Council shall meet at least once in four months and not less than fifteen days notice shall be given of such meeting; 1[(ii) the meeting of the Executive Council shall be called by the Registrar under instructions of the Vice Chancellor or at the request of not less than five members of the Executive council;] (iii) six members of the Executive Council shall form the quorum at any meeting; (iv) in case of differences of opinion among the members, the opinion of the majority shall prevail; (v) each member of the Executive Council shall have one vote and if there be equality of votes on any question to be determined by the Executive Council, the Chairman of the Executive Council or as the case may be, the Member presiding over that meeting shall, in addition, have a casting vote; (vi) every meeting of the Executive Council shall be, presided over by the 2[Vice Chancellor] and in his absence by a member chosen by the members present; 3[(vii) If urgent action by the Executive Council becomes necessary, the Vice Chancellor may permit the business to be transacted by circulation of papers to the members of the Executive Council. The 1 . The Clause (ii) Substituted by the Act No. 7 of 2005 Section 9. 2 . The word “Vice Chancellor” substituted by the Act No. 7 of 2005 Section 9. 3 . The Clause (vii) substituted by the Act No. 7 of 2005 Section 9. action so proposed to be taken shall not be taken unless agreed to by a majority of members of the Executive Council. The action so taken shall be forthwith intimated to all the members of the Executive Council. In case, the authority concerned, fails to take decision, the matter shall be referred to the Chancellor whose decision shall be final]