(a) to examine the annual accounts of the University and to advise the Board thereon;
(b) to examine the annual budget estimates and to advise the Board thereon;
(c) to review the financial position of the University from time to time;
(d) to make recommendation to the University on all matters relating to the finances of the University; and
(e) to make recommendation to the Board on all proposals involving expenditure for which no provision has been made in the budget or which involves expenditure in excess of the amount provided in the budget.
(2) The accounts and the balance sheet shall be submitted by the Vice-Chancellor through the Board to the State Government, which shall cause them to be audited by the Examiner, Local Fund Accounts.
(3) The accounts, when audited, shall be printed and copies thereof together with audit report, shall be submitted by the Vice-Chancellor to the Board, which shall forward them to the State Government with such comments, as it may deem fit.
Powers and duties of Finance Committee.
50. The State Government shall have the power to order special audit of the accounts of the University by such auditor or agency, as it may direct.
Powers of State Government to direct audit.
CHAPTER-VIII MISCELLANEOUS
51. If on the commencement of this Act, any suit, appeal or other proceeding of whatever nature, is pending by or against the existing university, the same shall not abate or be discontinued or be in any way prejudicially affected by reason of the re -organization of the existing university, but such suit, appeal or other proceedings, may be continued, prosecuted or enforced by or against the concerned university to which the subject matter of such suit, appeal or other proceedings pertain after the re-organization.
Legal Proceedings.
52. In all suits and other legal proceedings by or against the University, the pleadings shall be signed and verified by the Registrar, and all process in such suits and proceedings shall be issued to, and be served on him.
Authentication of pleadings.
53. If the existing university prior to the establishment of this University, has conducted any examination, but the result thereof has not yet been declared, in such cases, the existing university shall declare the result and confer the degree, diploma, certificate and mark sheets, as the case may be.
Obligation to be discharged by existing university.
54. If any difficulty arises in giving effect to the provisions of this Act, the State Government may, by order published in the Official Gazette, make such provisions not inconsistent with the provisions of this Act, as may appear to be necessary for removing the difficulty:
Provided that no order shall be made under this section, after the expiry of a period of three years from the date of commencement of this Act.
Power to remove difficulties.
KULDIP JAIN, Secretary to Government Haryana, Law and Legislative Department.
54820—L.R.—H.G.P., Chd.
54820-LR-English-Part-I 54820-LR-Act No 32