In addition to the those specified in section 15 of the Act, the Committee shall have the following powers and perform the following functions, namely:-
(i) It shall review from time to time the compliance by the Universities, of the directions given by the Government under section 17 of the Act and it shall report the non-compliance by the University to the Government and it shall suggest to the Government the corrective measures for that purpose;
(ii) It shall overview the implementation of schemes sponsored by RUSA and Ministry of Human Resource Department, Government of India in the Universities and ensure the proper utilization of RUSA grants by the Universities;
(iii) It shall manage and regulate the finances and all other administrative matters of the Council;
(iv) It shall enter into, vary, carryout and cancel contracts on behalf of the Council;
(v) It shall receive, acquire, hold, control and administer the properties of the Council, both movable and immovable and invest the surplus funds of the Council judiciously as provided in sub-rule(2) of Rule 20 of these Rules;
(vi) It shall cause to be maintained proper accounts of the properties and funds of the Council;
(vii) It shall prepare the financial estimate of the Council and to submit the same before the meeting of the Council;
(viii) It shall, as may appear it to be necessary, delegate such of its functions to the Executive Director;
(ix) It shall select a common seal for the Council and to provide for its custody and use;
(x) It shall arrange for the conduct of litigation by or against the Council.
(xi) It shall make, amend and repeal Regulations providing for conduct of Business of the Council, creation posts, the recruitment and conditions of services of the employees of the Council and such other matters connected with and incidental to the Council.
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CHAPTER-III CONDUCT OF BUSINESS 6 Agenda of the meeting of the Council and Meeting Notice.-:- 1) The agenda for the meetings of the Council and the Committee shall be prepared by the Member Secretary thereof. The members may suggest in the meeting for inclusion of any particular item in the agenda for the subsequent meeting. The notes on the Agenda will be prepared by the Office of the Council.
2) Ordinarily, notice of the meeting along with notes on agenda and copies of the Minutes of the earlier meeting shall be sent to the members by post or muddam at least ten days prior to the date of meeting.