Amendment status not verified — confirm the current text below against the official source.
(1) The term of office of the Goveming Councilshall. subject to sub-clauses (2) dnd (3), be five years : Provided that the term of office of the flrst Goierning Codncil will dxpire on constitution of the regulation Governing Council under the provisions of the Schedule. (2) Where a member of the Goveming Councrl has become such member by reason ofthe office or appointment he holds, or is ntrninated member, his membership shall terminae when he ceases to hold such office appointment or, as the case may be, his nomiDation is withdrawn or cancelled. Membership ot the Goveming Council. Charwrsn, Vic* Chairyetsn and SecreiE,ry The tem of office of the members of the Goveming Council. 132 (3) A member ofthe Governing Council shall cease to be a member, if he resigns or becomes ofunsound mind. or becomes insolvent or is convicted of a criminal otfence involving moral turpitude or if a member other than the Registrar. accepts a full time appointment in the University or if he fails to attend three consecutive meeting ofthe Goveming Councrl without the leave of the Chairperson. (4) The member of the Governing Council may resrgn from his office by a letter addressed to the Chairperson and such resignation shall take effect as soon as the resignation has been accepted by him. (5) Any vacancy in the Goverxing Council shall be filled either by appointment or nomination, as the case may be, of a person by the respective authority entitled to make the same and the persons so appointed or nominated shall hold offce so long untrl the member in whose place he is appointed or nominated could have held the office.i, the vacancy have not occuned. (1) The Goveming Council shall have allthe powers necessary for administration .and management of the University or for conducting the atfairs of the Academic Senate, the Finance Committee and all other committees and the fower to review the regulations made by the ElFcutive Com- miftee and shall exercise the pbwers of the University not other wise provided in this Act. (2) Without prejudace to the generality of the powers confened by sub-clause (1), the Governing Council shall : - (a) Recommend the broad policies and programmes of the University and suggest measures for the improvement and development ot $E University; Powersand 5 Funclions of the Goveming Council. 133 (b) Consider and pass the resolution on the annual report, the financial estimate and the audit report on such accounts: (c) Perform such other functions as it may deem necessary in the propr functioning and administration of the University. (3) Without prejudice to the generality of the powers conferred by sub.clauses (1) and (2), the Goveming Councilshall perform the following functions. namely :- (a) take steps for achieving the objectives of the University; (b) hold control and administer the property and tunds of the University; (c) acquire and hold any movable or immovable property on behalf of the University; (d) administer anytunds placed at the disposalof the University for specific purposes; (e) manage and regulate thefinances, acmunts, investmenB, property, business and allother administrative affairs ofthe lnstitute and for that purpose appoint such agent as it may think fit; (f) lnvest the money belonging to the University (including any income from trust and endowed property) in such stocks, funds, shares or securities as it may, from time to time, think fit and appropriate: (g) enter into, vary, carry out and cancel contracts on behatf of the University; (h) regulate and determine all other matters conceming the . University in accordance with the provisions oftheAct and the rules and regulations made thereunder : (i) delegate any of its powers to a committee or lhe Mce- Chancellor orto any Officer otthe University; and 0) co-operate with the other lnstitutions and Universities and .other authorities in such manner and for such purpose as it may be determined. Meeting of the 6 Goveming Council. (1) The Governing Councilshall meet at leastoncein a year. Annual meeting of the Governind Council shall be held on a date to be flxed by the Executive Committee, unless some other date has been fixed by the Governing Council in respect of any year. (2) The Chairperson shall preside over the meetings of the Governing Council and in his absence the Vice-Chairperson shall preside over the meeting and in the absence of both of them, the Registrar shall preside. Provided that the Chancellor may attend the meeting of the Governing Council and if he so attends a meeting, he shall preside over the same. (3) A report of the lvorking of the University during the previous year, together with a statement of receipt and expenditure, the balance sheetas audited and the financial statement shall be pr€sented by the Registrar to the Goveming Council at its annual meeting. (4) The meeting of the Governing Council shall be called by the Chairperson, or in his absence by the Registrar either in his own or at the request of not less than five members of the Cioveming Council. (5) Forevery meeting ofthe Governing Councilfifteen days notice shall be given. (6) Two-thirds of he Members of the Goveming Council shallform the quorum. (7) Each membershallhave one vote and ifthere being equality of vote on any question to be determined by the Governing Council, the Chairperson or the person presiding over the meeting, shall, in addition, have a casting vote. (8) ln the case of difference of opinion among the members, the opinion of the ma.iority shall prevail. (s)