Amendment status not verified — confirm the current text below against the official source.
( 1 ) The Executive Council shall be the Apex Executive Body of the University and shall be in charge of the general management and adminislration Council. (including the revenue and property) of the University. (2) The Executive Council shall be composed of the following rnem bers :- (i) The Vice-Chanc'ellor; (id The Secrelary, Higher Education, Government of Orissa or his representalive; (;id The Director, Higher Education; (iv) Director, Technical Education; (v) The Registrar; (vi) The Comptroller of Finance of Ihe University; (vii) The Controller ot Examination ol Ihe University; (viii) Two Professors to be nominated by the Academic Council; (ix) TWO eminent persons to be nominated by the Chancellor from among scientists, industrialists, administrators, educalionists, lawyers and legal academics; (x) Local member of Parliament; and (xiJ Local member of Orissa Legislative Assembly. (3) Serial Nos. (I) to (vii), (x) and (xi) above are ex oHicio members and serial No. (v) shall a d as Ihe Secretary of the Executive Council, whereas tenure ol members at serial+los. (viii) and (ixj shall be for a period of three years with eligibility for renomination. (4) The Council shall ordinarily meet once in a month to transact its business. (5) Five members shall constitute the quorum for the meetings of the Council. (6) Subject to the provisions of the Act and the Statutes, the CounciI shall exercise and perform the following powers and lunctions, namely :- (i) to exercise the executive powers of the University including the general superintendence and cont-rol over its OeparlmentlSchools; (ii) to constilute Schools of the University wit? prior approval of the Government; 189 (iii) to make Statutes and Regulations'wilh approval of the Government; (iv) to hold control and administer the properties and funds GF the University including investment of money in such stocks, lunds, shares or securities as deemed lit; (v) to provide buildings, premises, furniture, apparatus and qther requisiles for carrying on Ihe w,orko[ the Universily and to that end enter into, carry out and cancel conlracts on behalf of the University; (vi) to direct the form and use ol the common seal of the Univesiiy; (vii) lo establish, maintain and manage deparlrnenls and, insli tutions of research and other advanced cenlers of learning as it may trom time to time, deem necessary; , (viii) to appoint leachers and ollicers and to prescribe their duties; (ix) to create teaching, adminisiralive, minislerial and other necessary posts with the approval of the Governmenl ; (x) to suspend, discharge, dismiss or otherwise take disciplinary action against leachers, oflicers and employees of the University; (xi) lo fix and regulate lhe lees payable by the students; (xi0 to create research fellowships, honorary or otherwise; (xiii) to create fellowships, scholarships, bursaries, medab and prizes; (xiv) to exercise supervision and control over the residence and discipline 01 students; (xv) to consider and pass the financial estirnales, Ihe annual accounts togetherwith the audit report and the annual report of the University in accordance wilh the provision of the Statutes; (xvi) to have overall supervision~over conduct of examinations and approval and publication of the results thereof; (xviiJ to appoint members Io the faculties and Board of Studies; (xviii) to delegate any of ils powers to the Vice-Chancellor or any other authorilies or ollicers as it may deem fit; . . (xix) to accept grants, endowments, bequests, donations and transfers , , of movable and immovable properties of (he University on its behalf; (m) lo negoliale with other Universities and Institrrlions'of the Country :lor the recognilion of the examinations of the University; and (xxi) to exercise such other powers and perform such other duties as may be prescribed by the Statutes, The