Amendment status not verified — confirm the current text below against the official source.
Finance Committee.- (1) The Finance Committee shall consist of the following members, namely :- (i) the Vice-Chancellor; (ii) three persons nominated by the Executive Council, out of whom at least one shall be a member of the Executive Council; and (iii) three persons nominated by the [“Chancellor”]. (2) Five members of the Finance Committee shall form a quorum for a meeting of the Finance Committee. (3) All the members of the Finance Committee, other than the Vice –Chancellor and members of the Executive Council shall hold office for a term of three years. (4) A member of the Finance Committee shall have the right to record a minute of dissent if he does not agree with any decision of the Finance Committee. (5) The Finance Committee shall meet at least twice every year to examine the accounts and to scrutinize proposals for expenditure. (6) The annual accounts and the financial estimates of the University prepared by the Finance Officer shall be laid before the Finance Committee for consideration and comments and thereafter submitted to the Executive Council for approval. (7) The Finance Committee shall recommend limits for the total recurring expenditure and the total non-recurring expenditure for the year based on income and resources of the University (which, in the case of productive works, may include the proceed of loans). 15.Selection Committee.-(1)There shall be Selection Committee for making recommendations to the Executive Council for appointment to the post of professor, Reader, Lecturer, Librarian and Principals of Colleges and institutions maintained by the university. (2) The Selection Committee for appointment to the posts specified in column 1 of the Table below shall consist of the Vice-Chancellor, a nominee of the [“Chancellor”] and the persons specified in column 2 of the said Table and, in the case of appointment of a Professor, Reader or Lecturer in a Department where there is no Head of the Department shall also consist of a person nominated by the Planning Board from its members. 36 TABLE (1) (2) Professor (i) The Dean of the School concerned. (ii) The Head of the Department / Centre Concerned, if he is a Professor and not a Dean; (iii) One Professor, to be nominated by the Vice-Chancellor; and (iv) Three persons, not in the service of the University nominated by the Executive Council out of a panel of names recommended by the Academic Council for their special knowledge of or interest in the subject with which the Professor as the case may be will be concerned. Reader/Lecturer (i) The Dean of the school concerned; (ii) The Head of the Department /Center concerned if he is not a Dean; (iii) One Professor to be nominated by the Vice- Chancellor; and (iv) Two person not in the service of University nominated by the Executive Council out of a panel of names recommended by the Academic Council for their special knowledge of or interest in the subject with which the Reader/ Lecturer, as the case may be, will be concerned. Librarian (i) Two persons not in the service of the University, who have special knowledge of the subject of Library Science, or Library Administration to be nominated by the Executive Council; and (ii) One person, not in the service of the University, nominated by the Executive Council. Principal of the college and Institution maintained by University Three persons not in the service of the University of whom two shall be nominated by the Executive Council and one by the Academic Council for their special knowledge of or interest in a subject in which instruction is being provided by the College or Institution. Note: 1) Where the appointment is being made for an interdisciplinary project, the Head of the project shall be deemed to be the Head of Department/ Centre concerned. 37 2) The Professor to be nominated shall be a Professor concerned with the specialty for which the selection is being made and that the Vice- Chancellor shall consult the Head of Department /Center and the Dean of School before nominating the Professor. 3) The Vice- Chancellor shall preside at the meetings of the Selection Committees. 4) The meetings of a Selection Committee shall be convened by the Vice-Chancellor or in his absence, by the Registrar. 5) The procedure to be followed by a Selection Committee in making recommendations shall be such as may be laid down in the Ordinances. 6) If the Executive Council is unable to accept the recommendations made by a Selection Committee, it shall record its reasons and submit the case to the Visitor for final orders. 7) Appointments to temporary posts shall be made in the manner indicated below:- (i) If the temporary vacancy is for a duration longer than one academic session, it shall be filled on the advice of the Selection Committee in accordance with the procedure indicated in the foregoing clauses: Provided that if the Vice-Chancellor is satisfied that in the interests of work it is necessary to fill the vacancy, the appointment may be made on a purely temporary basis by a local Selection Committee referred to in sub-clause (ii) for a period not exceeding six months. (ii) If the temporary vacancy is for a period less than a year, an appointment to such vacancy shall be made on the recommendation of a local Selection Committee consisting of the Dean of the Faculty concerned, the Head of the Department and a nominee of the Vice-Chancellor; Provided that if the same person holds the offices of the Dean and the Head of the Department, the Selection Committee may contain two nominees of the Vice- Chancellor; Provided further that in case of sudden casual vacancies in teaching posts caused by death or any other reason, the Dean may, in consultation with the Head of the Department concerned make a temporary appointment for a month and report to the Vice-Chancellor and the Registrar about such appointment. (iii) No teacher appointed temporarily shall, if he is not recommended by a regular Selection Committee for appointment under these Statutes, be continued in service on such temporary employment, unless he is subsequently selected by a local Selection Committee or a regular Selection Committee, for a temporary or permanent appointment, as the case may be. 38