Amendment status not verified — confirm the current text below against the official source.
Subject to the provisions of this Act and the Statutes, the Board shall exercise and perform the following powers and functions, namely: — (i) to exercise the executive powers of the University including the general superintendence and control over its Schools, and Departments; (ii) to make Statutes for the consideration and approval of Government; (iii) to hold, control and administer the properties and funds of the University including investment of money in such stocks, funds, shares or securities as deemed fit; (iv) to provide buildings, premises, furniture, apparatus and other requisites for carrying on the work of the University and to that end enter into, vary, carry out and cancel contracts on behalf of the University; (v) to specify the form and use of the common seal of the University; Powers and functions of Board. 2 13 (vi) to establish, maintain and manage departments and other advanced centers of learning as it may, from time to time, deem necessary; (vii) to appoint teachers and officers of and above the rank of an Assistant Registrar and to prescribe their duties; (viii) to create teaching, technical, administrative, ministerial and other necessary posts; (ix) to suspend, discharge, dismiss or otherwise take disciplinary action against teachers and officers of and above the rank of Assistant Registrar; (x) to fix and regulate the fees payable by the students subject to such instructions as may be issued by the Central Government or the Council or the University Grants Commission; (xi) to create research fellowships, honorary or otherwise; (xii) to create fellowships, scholarships, studentships, bursaries, medals and prizes on the recommendation of the Academic Council; (xiii) to exercise supervision and control over the residence and discipline of students; (xiv) to consider and pass the financial estimates, the annual accounts, together with the audit report and the annual report of the University in accordance with the provisions of the Statutes made in this behalf; (xv) to have overall supervision over the conduct of examinations and approval and publication of the results thereof; (xvi) to appoint members to the Faculties and Board of Studies; (xvii) to delegate any of its powers to the Vice-Chancellor or any other authority or officer as it may deem fit; (xviii)to accept grants, endowments, bequests, donations and transfers of movable and immovable properties to the University on its behalf; (xix) to negotiate with other Universities for the recognition of the examinations of the University; and (xx) to exercise such other powers and perform such other duties as may be prescribed by Statutes. 14