(1) The Board of Management shall be the principal policy making and executive authority of the university and shall be responsible for administering the affairs of the university and carrying out such duties, which are not specifically assigned to any other authority.
(2) There shall be not less than four meetings of the Board of Management in a year.
(3) The procedure for conduct of business to be followed at a meeting including the quorum at the meeting and such other matters in relation to meetings as may be necessary, shall be such, as may be prescribed by the Statutes.
(4) The Board of Management shall consist of the following members, namely :-
(a) Vice-Chancellor, Chairperson;
(b) two eminent persons from the field of education, out of whom one shall be a person having an outstanding contribution in the field of Marathi language and literature, to be nominated by the Chancellor;
(c) two Deans for a period of two and half years, by rotation to be nominated by the Vice-Chancellor;
(d) the Secretary, Higher and Technical Education or his nominee not below the rank of Deputy Secretary of Higher Education;
(e) the Director of Higher Education or his nominee not below the rank of Joint Director, Higher Education;
(f) the Registrar, Member-Secretary.