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The following shall be authorities of the University:-- (1) the Samsad (Court); (2) the Karma-Samiti (Executive Council); (3) the Shiksha Samiti (Academic Council); 1 *** 2 [(4) The Artha-Samiti (Finance Committee); (5) The Institute Board; and] 3 [(6)] such other authorities as may be declared by the Statutes to be authorities of the University.