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Section 29

The Institute of Chartered Financial Analyst of India University Act, 2006.State Act of Nagaland · Act 2 of 2006

(1) The rules shall be made by the Board of Governors and the Rules so made shall be submitted to the State Government for its approval, which may, within two months from the date of receipt of the Rules, give its approval with or without modification.

(2) Where the State Government fails to take any decision with respect to the approval of the Rules within the period specified under sub-section (I), it shall be deemed to have been approved by the State Government.

Power to amend Rules

30. The Board of Governors may, with the approval of the state Government make new or additional Rules or amend or repeal the Rules.

Chapter VI Miscellaneous Conditions of sewice of employees

31. Every employee shall be appointed under a written contract, which shall be kept in the University and a copy of which shall be furnished to the employee concerned.

Disciplinary procedure

32. Disciplinary proceedings against the students/employees shall be governed by procedure prescribed in the Statutes.

Right to appeal

33. Every employee or student of the University or of a constikent college, shall notwithstanding anything contained in this Act, have aright to appeal within such time as may be prescribed, to the Board of Management against the decision of any officer or authority of the University or of the Principal of any such college, and thereupon the Board of Management may confirm, modify or change the decision appealed against.

Provident fund and pension

34. The University shall constitute for the benefit of its employees such provident or pension fimd and provide such insurance scheme as it may deem fit in such manner and subject to such conditions as may be prescribed.

Disputes as to constitution of University authorities and bodies

35. If any question arises as to whether any person has been duly elected or appointed as, or is entitled to be a member of any authority or other body of -234- the University, the matter shall be referred to the Chancellorwhose decisionthemn shall be iinal.

Constitution of committees

36. Any authority of the University will be empowered to constitute a committee of such authority, consisting of such members as such authority may deem fit, and having suchpowers as the authority may deem fit.

Filling of casual vacancies

37. Any casual vacancy among the members, other than ex officio members of any Authority or body of the University shall be tilled in the same manner in which the member whose vacancy is to he filled up, was chosen, and the person filling the vacancy shall be amember of suchauthority or body for the remaining period of the term for which the person whose place hkhe fills was a member.

Protection of action taken in good faith

38. No suit or other legal proceedings shall lie against any officer or other employee of the University for anythmg, which is done in good faith or intended to be done in pursuance ofthe provisions of this Act, the Statutes or the Rules.

Transitional provisions

39. Notwithstanding anything contained in any other provisions of this Act and the Statutes,

(a) The &st Vice-Chancellor shall be appointed by the Chancellor andthe said officer shall hold officer for a term of three years, @) The first Registrar and the first Finance Officer shall be appointed by the Chancellor who shall hold office for a termof three years;

(c) The first Board of Governors shall hold office for a termnot exceeding three years;

(d) The first Board of Management, the first Finance Committee and the fnst Academic Council shall be constituted by the Chancellor for a tern of three years.

Endowment Fund

Where this provision sits

ActThe Institute of Chartered Financial Analyst of India University Act, 2006.
Section29
JurisdictionState of Nagaland
StatusIn force as published by the source

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