Amendment status not verified — confirm the current text below against the official source.
(1) The Governing Council shall be convened at least once in a year. The meeting shall be held on such date, as be fixed by the Chairman, unless some other date has been fixed by the Governing Council in respect of any year. (2) The Vice-Chancellor shall present a report on the working of the University together with a statement of receipts and expenditure, the balance sheet as audited, and the financial estimates to the Governing Council at its annual meetings. Powers and functions of the Governing Council. Meetings of the Governing Council. PUNJAB GOVT. GAZ. (EXTRA), SEPTEMBER 30, 2020 (ASVN 8, 1942 SAKA) 102 (3) The meeting of the Governing Council shall be called by the Chancellor or by the Vice-Chancellor either on his own or on the written request of not less than eight members of the Governing Council. (4) For every meeting of the Governing Council, fifteen days notice shall be given to every member before the date of the meeting. (5) One half of the members, existing on the rolls of the Governing Council, shall form the quorum. (6) In case of difference of opinion among the members, the opinion of majority of members shall prevail. (7) If an urgent action, to be taken by the Governing Council becomes necessary, the Vice-Chancellor may permit the business, to be transacted by circulation of papers to the members of the Governing Council. The action so proposed to be taken, shall not be taken, unless agreed to by a majority of members of the Governing Council. The action so taken shall be intimated forthwith to all the members of the Governing Council. In case, the authority concerned fails to take decision, the matter shall be referred to the Chancellor through the State Government, whose decision shall be final.