Amendment status not verified — confirm the current text below against the official source.
Duties of the Academic Council (l) to determine the form and to regulate the use of the common seal of the University; *r (m) to take, receive purchase or sold property movable or immovable, and to grant, demise, alienate, transfer or otherwise dispose of or administer or manage any such property for the purpose of the University under this Act; (n) to place before the Court, the Annual Report of the working of the University, the Annual Statement of Account, the Budget of the University for next financial year, the audit report on the annual statement of account together with the views of the Executive Council upon them for consideration and necessary action; Provided that the budget shall not be submitted to the Court unless the Finance Committee has previously examined the same, and the Executive Council has considered the advice and suggestions of the Finance Committee; (o) to make allocations of funds to different bodies after considering the recommendations of the Post-Graduate Board and the Under-Graduate Board in this regard, as the case may be; and (p) to exercise all other powers of the University for exercise of which no specific provision has been made in this Act or in the Statutes. Academic