Amendment status not verified — confirm the current text below against the official source.
Powers, functions end mans of the Board of Management-(1) The Baird shall have the following poWers and functions, narnelp (I) to consider and pass resolutions on the annual report and the annual accounts of the University and the reportof Its auditors tin such accounts; tip eitembe all fhlimdal powers and manage and regulate the finances, accounts, Investment, Properties, business and all other administrative grabs of Itte University and for the purpose, constitute committees and delegate the powers to such committees or such officers Of the University as it may deem fit; to Invest any money belonging to the University, Including any unopened income in securities as it may, Bern time to time, think fit, on the advice of Finance Committee, except land acquired or buildings constructed with the assistance of the Government, in which cases, the prior approval of the Government shall be required; (iv} to enter into, very, carryout and cancel contracts on behalf of the University and for that purpose to appoint such officers ash may think ft (v) to provide the bundirgs, premises, fur i ure, computers and apparatus and other means needed for carrying on the work ofthe University; (vi) * en ildJUdials Won, and If It thinks fit, to redress any grievances of the the teachers. students and the timployees.of the University; (vil) to creantpotts °fail Weeps On the recommendation of Senate and impOint moans to atomic as well another posts inthe University; (vitt) to select a eonantn Purl teethe UnitiefallY; (ix) to lay does policy guidethws for admitting *forelert students, Persons of Indian 0 s (Pigs), the Non-Resident Indians (Nais) and sponsored students * as supernumerary *Phut NOW fee prescribed by it from time to time; (x) to exercise such other powers and to perform such other duties as may be considered necessary or imposed on It by pr under this Act; (2) (a) The Board shell meet at least, three times in a year end not less than fifteen days notice shall begtven for such meetings, (b) Thernattings of the Berard shall be called by' the Registrar under Instructions of the trice- Chancellor or it tharequest of not less than eight members of the Board. (c) One half of the members of the Board shall form the quorum et .amt meeting. (d) in case of difference of opinion among the members, the opinion of the majority shall prevail; (e) Each member of the Board shall havellne vote and If there be Seventy of votes on any question to be determined by the Board, the Chairperson of the Board or, as the case maybe, she member presiding over that meeting shalt, in addition; have a casting vote. Every meeting of the Board shall be presided over by the Chairman:in, Board of Management, wheeling be the Vicethancellor of the University. In the absence at the Viceeencellor, a seniormwst ProAdcoChancellor ONO preside over the meeting of Board of kienagenient, and if there is no Pro-Vice-Chancellor in the University, senior- most Perm -shell preside ever the Meeting. In emergent cases, the Chairperson may exercise the powers of the Board of managemem and inform the Board of the action taken by him in goad faith for its ratification In the next meeting of the Board and the Board mayArither ratify the defillilarl0 the ChsirPertoo or accept It whit modifications or reject it and In the event of modification or rejection of the decision of the Chairperson by the Board, such decision shall stendmodiden or rejected, as case may be, retrospectively from the date of findbietatitition of such decision of the Chairperson. Oil if urgent action by the Board becomes necessary, the Chairperson, Bovril of MansesMeat may permit the business to be transacted by circulation of papers to the members of the BOOrd, and the action so proposed to be taken shalt not be taken unless agreed to by* majority of members of the Board and the action so taken shall be forthwith intimated to all the members of the Board and in case the authority concerned fails to take a dedslan, the matter shall be referred to the Chancellor, whose decision Shea be find, The Senate- (I) The Senate shall be the principaldemic" body of the University and shall, gabled to the provisions of this AO, the Statutes and the Ordinances, have the control and regulations of, and be responsible for, the maintenance of standards of instruction, education, research and examination within the University and ghat exercise such other powers and perform such other duties as May be conferred or imposed upon it by the Statutes. (1) The Senathsheil have the right to advise the Board on all academic matters. (3} The Senitte shall consist of the following persons, nainely:- • (a) ...chairperson: Vice.Chancellor Of the University (ex-o frier()) ; (b) PPP lAce-Charioellors(e.x-officlo), (c) flour parsons. who ate not employees of the University to be co-opted by the Santee on the recommendations of the Vice-Chancellor from amongst educationists, scientists or tOlingets of reputs; (c1) A nominee of the University Grants Commission; (e) A nominee of the Ali India Council for Technical Education; • (f) A represerhatere•of industries, as pomlnated by the Vice-Chanceilor; (g) Ali Deans of the University : (h) Four Meads of Departments as nominated by 01, We-charm/our; 0) Four Profesiors of the Ortiveretty es nominated by theVice-Chancellor; • 0) One Associate Professor and one Assistant Professor asnominated by tfte Vice- Chancellor; (k) Controller*/ Everninatiort% (I) One personal embieme whola ellunnl, as norriketteri by the Vica-Chentaller; {re) Iwo Student representativesis nominated by the Vice-Chancellor; and (n) Pelittstrar - Meraber-Secretary (ex-rogrelo). (11) The term of the members of the Senate, tither than ex-officio members; chat be three rs except the student representative, In which case the tenure will be for one year Powers, Functions end Meetings of the Senate-(1)sublect to the proviskun of this Act, Statutes, ordinances end ftegulaticins and everan supervision of the board, the Senate shelf mantel the academic affairs alidmitUors In the University and In particular shall have the following powers and !Unctions. nerillaM. to report on any Matter referred or delegated to It by the board; (a) to make recommendations to the hoard with regard to the critatiOn, abolition or classification of teaching posts•in the University and the emoluments payable and the duties attached thereto; ihil to mate mCorrun,endations to the Board with regard to the racoons and abolition of various faculties of studies and academic Departments; (lv) to promote research within the University and to require from time to time, report on such researdsi (v) to consider proposals submitted by the teachers on the academic acdel 'es; (vi) to lay down policies for admissions: to.the University; MI) to recognize diploma and degrees of other Universities and Irimitudom end to dittennifte their equivalence hi relation to the diplomas and degrees of the Univarsittox (v111) to fix, subject to any conditiont accepted by the Board, the time, mode and cor4dtins of the competition terr Fellowship, Scholarship and other prices and to recommend for award of thereon*: (ix) to appoint examiners and moderators, and tf necessary to remove Mein and to fix their fees, emoluments, traveling end other allowances and expenses; 04 to recommend arrangements for the conduct of examinations and the dates for holding (xi) to deciam and review the result of the various examinations or to appoint committees or officers to do so, and to make recommendations }yarding the conferment or grant of degrees. honors, diplomas, licenses, Mid and metes of honor; to recomMend stipends, SChoistattipst medals and Prins and to mike other awards in accordance with the regulations and such other conditions at may be attached to the awards; lxie) to improve or revise the syllabus for the prescribed touries of study and rests of prescribed or recommended text books and Id decide 'kw publishing of books by the Urdwersity; (Oily) to' approve such forms and registers as are from time to time, required by the ordinances and rev:riotous; (xv) to formulate, from Owe to time, the desired standards of education to be adhered in drawing up Mc curriculum and syllabi for being taught in the University; (sell to perform, in relation to academic matters, all such duties and to do aft such acts as rosy be necessary for the proper carrying out of the provisions of this Act and the Ordinances and ft dons made thereunder; (2) (1) The Senate shell meet as often as may be. necessary, but not less than three times, during an academic year; (ii) One half of the existing membets of the Senate shall form the quorum for a meeting of the Senate: (114 in case of difference of opinion among the members, the opinion of the majority sham ptevell: (lv) Each member of the Senate, Indmeng the Chairperson of the Senate, shell have vote and If there bean matey averted on erry Matter to be determined by enete, the Chairperson shall ha addition, hive * cosditil vote; lv) Every meeting of the Senate shall be presided Over by der Vitt-Oianc end In the absence of Vice-Chancellor. the Pro-Vice Chancellor as nominated by the Vice- Chancellor, will preside the meeting and in his absence, senior most Dean will preside over the Meeting; (vi) If urgent action by the Senate becomes necessary, the Chairpreseitof the. Senate may permit the business to the transacted by circulation of papers to the Ommbers of the Senate and the action proposed to be taken shell net be taken unless aimed to, by a majority of the members of the Senate, and the action as taken shall forthwith be Intimated to all the members of the Senate, end In GAM the atiehOrliy concerned fails to take a decision, the matter shall be referred to the Chancellor whose decision shall be final 27, The Pamaltif dlitiaike and the Depararsents-(1)There shall be such number of Faculty tud les and Departments as the Universityrney datftndne from toe to time; (2) The constitution, powereand of a Faculty or a Department shag be such at may be prescribed; The Finance Committee- (1) there shall be a Finance Committee consisting at theloitowing; (1) vice-Chancellor t Chairperson (ea-officio); (ii) Principal Secretary/Secretary (trabOrei &Technical Eduastion) of the Covernment or h4 nominee (ex-officio); (iii) Principal seeretary/Seenetary (Finance) of the Government or his nominee, (es-officio); (iv) principal. secretary tar secretary (Pianning)/Director Planning of the Government or his nominee, (meeMelo); (v) Principal Secretary or ry (Higher Education) of the Government or his nominee; tell Pro-Vice thencellors (eirofficto); (vii) Registrar (rot-officio); Controlter of Finance • Mein -Secretary Woofed* mbenof tite finance Committee other then the ex officio members, shall be (ulil) Taro other members nominated by the board from amongst, Its members of whom at lout one should not he an employee of the University, (3) The functions and dudes of the Finance CommIttedthe It be as follows:- to examine and scrutinize the annual budget of the University and to make its on financial matters to the Beard of Management; - (b) to consider proposals for new expenditure and to make recommendations to the Board of (c) all proposals relating to revision of grades, up gradstion of the pay-scales and those items which are not Included In the budget, shall be examined by the Finance tRfrranittee before they are considered by the Board of Management; (d) to consider the annual setounts and the financial estimates of the University prepared by the Controller of Finance and laid before the Mince Committee for approval and thereifter Submittadto the Boerd of kianigernent: Finance Committee shall fix the limits for the total recurring and non.recurring suipenditure for the year, based on incotot and resources of the University, and no expenditure shall be intoned by the University In excess of the limits so fixed, without the approValof. the finance Committee; (f) to give Its AIMS and M Matterecortenendations to the board of Management on any firontral question affecting the University either on ite owit initiative or on reference from the Board of hAanagrinent; (BI to recommend the Investnient of any money belonging to the University, including any unipptied inemne, In such securities as It may, from time Lb 'One, 'think fit, or In the purchase or immovable property in India, with the like power of varying such. Invesbnents from time to time. (4) The Finance committee shall meet, at least, four times In a year; five members of the Finance Committee shag %win the quorum at any meeting; (S) In case of difference of opinion among the members, the opinion of the majority of the members present shall prevail;