Amendment status not verified — confirm the current text below against the official source.
( 1 ) There shall be a Purchase Committee for dealing with all matters pertaining to all purchases of the University, in respect of such items where individual cost of each item exceeds rupees ten lakh at a time. ( 2 ) The Purchase Committee shall consist of the following members, namely :- ( a ) the Vice-Chancellor - Chairperson ; (b) Chancellor's nominee from the Board of Governance ; ( c ) one Dean of the Schools and one Head of University departments nominated by the Vice-Chancellor ; ( d ) one expert, nominated by the Vice-Chancellor preferably in the area of Materials Management from the Industry or Institute of Chemical Technology (ICT) ; ( e ) Registrar ; ( f ) Finance and Accounts Officer-Member-Secretary. ( 3 ) During the absence of the Finance and Accounts Officer, the Registrar shall act as the Secretary of the Purchase Committee. ( 4 ) The Purchase Committee shall invite the Head of the Department or Head of the Centre for which the purchases are to be made. ( 5 ) All members of the committee, other than ex-officio members shall hold office for a term of three years and shall not be eligible for a second consecutive term in the University. ( 6 ) All matters pertaining to all purchases of the University in respect of such item where individual cost of each item is not more than rupees ten lakh at a time, shall be as prescribed by the Statutes. ( 7 ) The powers and duties of the Purchase Committee and the procedure for its meetings shall be as prescribed by the Statutes. ( 8 ) If any vacancy occurs in the office of a member, the same shall be filled within one month by the Chancellor or Vice-Chancellor, as the case may be.