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~W"l<l IHF.Cl."ZEiT!'.01' lNl>lA, MARCH 31,2f)J2 (CHAITRA 11, 1934}============~==== ML'IlSTltYOFEXl - A!.AITAlRS NAlANO/l ONlVI'.RSlTY New Dtlhi, lhe 2012 -0. Sl32lf23i2Gll·_· In exercise "fthe powers """f~tred by o<di(JI1 2~ ,,(!be Na!anda UniVClS!lY AQt,.20l!) 1)9 of 2011»), me Governing OOllld makes the follow,n!!, StatutM rtf the N~lsnda. Uni\'Crsity, namely :- I. (l) Sltort Tide and comrecneement : These SlalUleS Ma)' be called the Nalanda 1Jnivmit)' 'laMes, 2012.
(2) Thoy s&oll come inlo for~e M the dalc of their publicstion In the Official Gar.t1te.
Z. Ddttlitio)lls-(l) In these statUtes, unh:ss the comex!oiaerwise requires :-
(a) «A,t" means the. 'allmd. Un;".,,;ty Aa, 2010, ( 9 at2ilI O);
Ih) "AulhoritJe," means Ibe aU1l,orilies of the University at provided WIder section 22,
(c) -Budget" means projectiOM,lOr a particular flllllllcial }~U; for revenue and expcodiUl!'O 'mer-alia jntl\ldt~l;
eapital, revenue, special or mi$Ccllaneou. or ~uch OIhJ:r ne:lds ;IS may be deiermincd bv ihe OQycmmg Bootd or AmhO! fty or allY Committee tbereof; , • Id) "Comm~' means auy eommutec consUMed by Ih Authorities of Officm of th~ Uni .••..•il), 1,0.", time fo ~;
le) "Headqu,,,!er~ mf;U1S the agreement as may be si~ed and executed bCIWte!I Ibe Centra'! Govemment and tIre i\gr«menr' Univelliity in terms <,r stctlon 21 or th~ Act:
(I) "Offioer." means the "m.-ers Qf the University as provided in secliOll 11 of Ir.o Act.
t2) Won!s arnIexprcssion. used ber<in and nor defined but defined in th Act ,h.u have the sameme811ing as assigned to tire," III In Act.
3. Powou Md fanctloM of tile GoV'llnling Board.-(j) The Governing lloord shall ;-
(a) be the h,gbuSl ""ihor;ty for po.licy mak;ng, providing directions and man"gillg the 3trai!<l of the University;
(b) oversee acsdemic, adJrllm;~ra tive, linancial management a.~d other maners QC the UnivtHily as prescribed under the !\cl or the ~UItU!es;
(c) make ree "",mend"""" to the Y,sitor for th~ appointment of tlte Cbaac~IIOf and tbe Vice·Chancellor
(d) shall decide ll.c terms of appojntment ;nctuOmz tbo pay and emoluments, oftht v.ee-(1Tarn:ellor, the tu>! Fill<!nre Onlc:r and the first Registrar of the Ulli\'ersity.
(e) oversee the p'o~r functioning of the Ae.demicCoootil. 80l1d> of Scl ools of Stud i." tne Finance Comnriue.o 011.1 ;1Id> other 31lthoritWi as may be declared by the Stamtes:
(t) afterb~inginto occoun11llt =nmnMldsrions "fu", F.inance,Co.mmince, approve the bud,gelS, plonl, prcgrammes and such other activities prnaining 10 tbe UnIversity as it It'JI)I deem lit;
(g) have the authlsrity to nomi""t. the ClIWJPtr,()ll or any of the other Offleers cf the Uni ve ,.iIy 10 sign !Ill!! execute the lleadquaner$ AgrCl'lIl""t OIl ""half of the Ulliversity;
(h) have the 1""\"" 10 consrmne Comrnhtee , on sucb terms and condition> and with such power; and functions it may ~;de fro.'II time to time:
(i) have rhe nutiltJriIy to authorjze and delegate sucll powers ""cl fundio"" 10 the Authonucs, Commit'CtlS or Om~rs of lb. \Jni ve rsity, on !he recemmendatlons of the V.c.·Cbancdl~r as it m.')' dteT\, ill, in accordance will! the ACl.
Statutes and R'?gu!.atl0n~;
4i8-\ III select a common seal of \he UnhCfSllY ;wO l'''lVid for lilt CU$tOc!)' and use of !he seal;
(l;) n •. inall: expert .m~mb<rs of me selection CO"'IUi:~ 10.- appa;'IlInent vf 3(ademic !!IIIff and ollic~ of lite '';''''l'IUy;
(l) gPPOU1! .l'rnressors, Associate Professo: and A~.h-tal'll Profts~ors i>1lthe reeommeodaIior. <Jf the Selection Coauninee constituted fer me purpose;
l'r:)vided rn~tit sbalt not he necessary [0 constitute ulIySelectill!l Committee for making appalntlP""! to the lX"t of Professor of t person of hiJ:h academic distinction, eminence and prtlfessioMI !%lain'ncr.! invited by Ihe Governing Board ID """<pi the PO$!;
rne bAZETTE OF INDIA, MARCH 31. 2012 ((HA lTRA I L 1934) __ ~~,,_,._._ ••• _._ •••• N_·.~ W __ ._. ~ ••• _ _ ••__ .••_..... _, __ ~ •.,. __ " __ '_._"4' N
(01) tix or direr the :.<Italics end servrce conditions of employees of the Unrverslty:
(n) create adminisuative ar.d other Ile<:""a/}' !,o~b. determine th number and eruoluments lli su h poSIS.lL1d appoint persons 10 suCh posts on terms and condiucns of service as may be I'll: cribed by the Ordinances;
,OJ elolgIIU(( empi,,) _ of the vniversit} a, a' cemic staff.
(P) receive a repon of !he working of the University during the previous year, logcrlter witb a sr icmenr or the receipts ~nJ C. Il<'udi\:lrc, the balance sneer, as i\udit<!d, acd rmaoeiaJ esumares lot the previous year and the Governing Board $h~l! rake into cornidcrarien the recernmendarions of the finance Committee whilcconsidcrlfl1< t~ afcrementioned n~pDrl: -
(q) monitor me progress of the Lnivershy rhrough the annual report and the periodic TCpot15 submitted ~)' th~ Amh rities and Officers and have powers 10 give directions to the Authorities and Officers in acccrdance with the Statutes;
(r) Jmhl)rin the Officers of the Uniwrsity 10 perform such functions of lhe Univcr;;ity. as i1 may deem Ill;
(5) consunne Committees OD tbc recommendarion of the VIce-Chancellor Oil such tern]. and condition ami with such powers and limctioll, a.., it mny decide from tirlC to time;
(t) Oil receipt Ill' all) dir.:ctillllS from !Ill: Visitor; haw the ;wtho(ity 11)instruct allY Officer of the University to take 11: t:h;;-necessar, acncns indudmg prcv!:Hn,g a r~·pcrt :Ita fum:shir.g $ucb other info:rn!.tit)n as it may require in th i~ rtg,ard ~ (Ill consider fOMlling,celtaborativc relancns with other institmioos of higher I~amlflgas it may deem tit:
~\.) exercise such other power« and perform such other duties M mJ} be conferred upon ir by the Act or the ranues,
(2) The q.'''rum for Q meeting of (lie Gcvcrning 130 rd Shall be on~-!l.ufof the total members of the Governing Board.
AIJ decrsions of'tne Governing Board shall be taken by Q majority vote of the members present am:!voting in e valid meeting.
ill the event of a tie in votes, ihe Chairperson shali have a ~aStillg vote.
(3) The Chairperson snail circulate dmfl minute\ of every meeting of the Governing Board within 3() days of l.'Oncivding" duf~ convened milcrinl!. to all the members ofth Governing Board- The members llfthl: Governing Board. williin I days of circulation of tbe drAft llllllute\. ma} prov,,1~ the!. observations or ;ubrnissiol)S 10 the Chairperson. The Chauperson. after c()llsidering the observations. shall finalize the minutes and circulate them 10the members of the Governing Board. nICl'\,aft~( action ;ltsH be taken 01\ tk minuit>.
.• Schools of Stu(he> \ 1) In addition to the Schools of tudies as provided under the pro, ions of sub-secrion 2 of section 24 of me Act. Ill" University shall have an additional School of Studies, namely, 'InJ'omlatiofl Sciences and lechnology •
(2) Lach School of Study shall have a Dean as its Head, \3) Eacil chool of !)rudy may consist of such Departmems of studies as may • assigned 10 it by the Ordinances S. Other Anthentics, (I) In addiuo» to the authorities specified in section 22 of the Act, th~ follo\in_ shall be !\urhor'li~,of the Cni"e",it). 113rfid.'!' :- ta} rite Planning Board: and (bl The Stau(\ing Committee.
(2) Ihe composition. powers and functions of Ih~ Planning Board end the. St~l1dilig Committee ,!Jail be such as may be decided by t!le Governing Board irom time 10 time,
6. Imemarionat Advi>;ol'} Ptmcl.--{Ij An mternati nal Ad.bo~ Pane] of eminent persons shall be sz! up to ensure cnrulnuiry and create greater global awareness of the broader vision and o!JJ~iv~ of Nalanda Univt'!"Iit) which shall also ,,,si>l the Governing Board,'" furtl)ering Public Private Partnership. interact hitll ml>utuli.ms UM orgamzar.ons relevant 10 the work and IU tbe ~n1er~\wg challenge" In pursuing the frontiers of lr.oowk<!-;;u
(2) Ihe PHOe! may perto rm such other roles and functions <IS the Governing Hoard may determme.
(3) TI.~ Cb.air of the Prll1<l! shall be a permanent Invuee to all deliberations of the Governing Board,
(4) The ccmposhion of the panel and method of appoinrmen (If its members ShaH be as laid down in the Statutes THE GAZETTE or l. 'DIA, \1;\RCH 3J,l0l2(CHA1TRA 11, 1934) lP,ut[ III ST. 4
7. !'\>\\cn. of the Academic COll!lci!.-{!} The Academic Council shalL in addition to the 1X)\\\!f>v ·,ted in it b~ the A~1. have me fellow ing powers. namely ;» t3} 10 report on any matter referred to it by the GO\ rning Beard;
(h) 10 make rccamrnendations te rhe Governing Board with regard 1<>.-
(i) ereanen of teaching posts in the University and abolition rhc~of:
(ill formulation of and revision of schemes for the organizarion of me Schools. and a.signing such Schools their respective ~ubJecr";
(ili) promotion of research in (l\~ Univ~r"il: and culling fur report UJI such research;
(iv) con iucratlillt of the proposals submitted by the schcots of Studies;
(_) appnintment of the Committees {or admission to the University:
(vi) m'lking alTlIIlgv1nCnl. fot the conduct of cxaminarions;
(vii) awatding Stipends, S"oomrsbips. Medals and Pri7~S and making rerommendatlons regarding (he eonrermem <If degrees, honours, diplomas, marks of honour;
(\ iill performance in reiaticn 10 ac~dem": matters, all such dllli~,anti doing all uch acts as may be neeessarv for ;he prvp.:r alr~ in! our of the prolisioil<J of th~ A~lj ihe S~m!0S and Inca t.. uin:mce!i, S. Powers and functions of th Boards of Scbool of St\ldle -( I) 1'h. Boards of School of tudies, $hall con. Lt of members nominated b) the Governing. Boa."Ci
(2) r~~Boards 01 Schocl of Studies sh;;ll.-
(a) adv i5C ar.d report to the And mic Council 1.111aH mallei'> ~Iaung t(l the 0t:.; nization (If education, teachiM, learning and research in (h" subjeas of the School, including curricula and examinations. - (bl consider allrl wheft' necessary take action en <In;. mauer '\hlCh may be referred 10 them b~ the Academic Council or ihc Governing Board.
(C) adv isc and recommend to ill" Academic Council on the aecd mic tratcgy of the Schools (}) each BmlJ'd of School 01 Studies may ~$wbliMl such ub-commutees as it may deem neccss1llY.
). Finance Committ,·c.--t 1111,,, Fjnanc~ Cemminee oilhe Cni\'er>il> ,haJi consist of the following persons, namely,- 'il Vi\:C·Chd!lCelhlr (iil u nominee of Il1eMloi511'), of Finance
(iii) tWOpersons M111inarM by the Chancellor who arc not employees of LlJe lLniv.rsi~
(iv) \JM Dean of the Schools of Study hy I'otftlion. nominated by ihc Vlec-Cnancellor, and
(v) Financeom~er
(2) lite Vice-Chancellor shall act as the Chairperson ofthe Finance Committee,
(3) fhe I'inanee Officer shall he tht Secretary of the l'1Il1111CC Commutee.
(4) All members of;b~ Finance Corumltte other thall tH.fliclO member" shallhold office fur a term of rh ce y~an'.
'The Vi e-Cnaneellor and (he Finance Officer ,hall be the ex-o"n io members
(5) Tile quorum for a meeting of the Financ C()l1lmi!lcc ~h 11be four.
10. Powers of In Finance Ccmmuee>- The rlMllce Cornnnrtee hall have tile foUowin", power», l1~rnel).-
(a) \0 con .ider and examine the budgd and accounts of the Univer ity and make appropriate recommendations for Ill. appr \~l o( rh ..Governing Board.
(b) to revi .t;. >«k deriticalloo. intormanon hlm the Officers ef the University J\S mlly be required 10 pro, ide it;
rccf"HII.'::Il.!al.on 10 the Governing Board in relation III the annual accounts and 11" tinanctal raremems of the t:ni\c' ;, 'JS prepared by the Finance Otficer and approved by the Vice-Chancellor;
(Cl 10 scrutinize. examine and approve th. propmals agreernems. and coruracis for exp nditure ill JCIm, of the r;niitll:iaJ R~"uJati<ln~, (dl to sanction expenditure above Rupees twenty-five l;)kh wh.iclJ has not been provided in Ih~ budget, lIad TIIE GAZETTE OF INf'AA, MAR.CH J;~~O:2(C1L~lTR 11, 1914} 1787 (el to consider the proposals for creation of pestsbefore th~ me are sent to the Governing Board, It. Chance!lor.- (I) The Chancellor ,ha!! he appointed by the Visitor from a panel of names of I~}t les thUll three persons recommended by the Governing Board and if the Visitor does not approve the recommended persons, he may invhe a fn;,h panel.
(Z) The Chancellor shall be 3 person of repute and international eminence.
(3) The Chancellor shaH hold office for a term of three year, from the date of appointment •
Provided toat, 1101'With$t:lnding the expiry of the said three year$. the Chn'lceltor sh!!H continue in office until hi. successor is appointed.
(.l) The Chancellor shall be eligible for re-appointment,
(5) The Chancellor mal, b} giving si>;months notice in writing addressed W the visnor, resign from office and n copy 01 me no! ice of the resignation shall also 00 simultanecusly served 0)1 the Governing Board.
12. Vicc-Ch2nc~flor-(1) The Vice-Chancetlor hall be appomred b} lite W;itor from a panel of not Its> than thlce persons recommended by the Governing Board and If the Visitor does nor accept the recommendattons, be mn) invite fresh recornmerdations 0) The Vice-Chancell r shall hold office for 11 icrm (If five years !Tow the dare on which he/she enter upt>o his-her office, Of untit h"she ,mains me age of seventy years. whichever IS earlier, and io!-'!l", $U"ii be eiij.uQle fOf reeppoinuuem.
Previd d that, nOlwith>tloding the expity of the said period of five years. h~/sh~ hall COlItiP . in office WIt;! hi,,' her successor is 8ppt'imcd and enters up fi his/htr ofrice.
Pro,,;JeJ further that the Go••.;roi"g Board m<l) direct any Vice-Chancellor aller hi.1lH:r term ius elI.pircd. 10 connnue in office for such period, not exceeding a rotal period of one ) ear, as Ill:)) be pecificd or till bislher successor is appoimed and en! rs upon hi,·1Iet otfice. whichever IS earlier
(3)' The Vice ChIDlcellor nla) by giving six months notice In wnting addressed to the Visitor, resign ITem the o11k~ anti a cop" of the nonce of resignation shall also be simuhaneously served On the Goverrung Board
(4) TIre Vice-Chancellor shall be a fuil time salaried employee of the Uni\ ersity,
(5) The il£e of rerircmem or the Vice-Ch!lllcellor shall be 70 years i 3. PG"~r:i of the Vk~·C'llJ\llcel!or- TI1eVkt-Ch!\lle~lIor .hat\,-
(a) have $11.'Icb pew r> ,IS may be necessary 10 ensure (lult the proviuons of the Act, the Statutes, Ordlnances end Regulations are duly observed:
(b) ensure smouth functioning of ihe Unlvcrsit) and \K' responsible for all the administrative, academic, financial and other fllnchOl!1 of the University;
(c) have the pi\wer 10 constitute Committees, Oil such tCl'm~ and COJldl!i(lllS ani! with such powers and functions M he may OCCI11 fit and the notification of terms of reference of such Committees. iIS may he constituted, shall be placed in the subsequent m':'elil1g of the Governing Board far information;
(cl) be nhdcd to be present at nnd to address afty meeling "I' all)' Authority or Comminee oi the University bul hall not be cntilltJ tu VOle there at unless be is a member of such Authority or Committee;
(e) preside at the Convocanons of the Univer&h~ or meetings of fhe Goveming Board jf the Chancellor i not present on such OC=;On5'
(l) with Ih~ approval of !he Governiug Board, have the power 10 appoint employees. cocsultanes, r I3W"" and fix their remunereuen .. commensurate to the nature pf SCfV!~': offered, tu provide various kinds of serv ices to th lil1i\'tNil) m. lx:. neces ar: t01'~ development. operation lII!d managemcm of me \JQl~mil:; subject ro the terms ,a,~d con~: .~llS. 01 any Statute, Ordinance Or r ",suI3lion" as n'a~ be IIpplkltble from tun; 10 rim :
(g) ;villi the approval of the Governing Hoard, have tRc power to create academic and ncn-academie rO~lsand mak~ appomtments la uch posts on onnact basis (including on ad-hoc and remporary hasis) ",!lying from one year ID Ihre.e years subje 110 the tenn, a,.,<i conditions of any Slllt\l~cS,Ordinances 0; Regulations. :ISmay be applicable rn"ll time to Ilmc:
(h) haw th( power to appcim an imemal auditor to r:n:mage and O\C,."" th~ audjt functions of L1CUni\Qfsil);
'iHE GAZETTE OF INDIA, 2(112 u.
\it ensure that every. ;:-ft'lpioyi!'c uf the Umversny l£ appni!ll~d under awruten co;ntf'~ct~Q1!C'copy of '''\bich $haU be fl.:d with the th1ivenil} and th" other shall be provided m !h,~coacemed employee;
O} have the- pu,.yc'r to: strtd 'fntnih~rs-of the- 's,taff for tratning or fi)r a course of insrructioa 'subject 10 such term! and ccndhimH as may he laid dO,!\"t :11 the Ordim~n(::esfrotH ti'l1i.t to time:
(k) be responsible for maintenance of dhdlilil1" il1 the University: shall n31iC uil powers rd~litig 11) th" {'wrer menienance of discipline 10 the liniv(nity;
0) have the power to enter ittrn~ mnrlify Or cencel conrrccts or agreements entered into by the Untv~r$i'i.y with ;!uy third purty Hnd \,H ('()Urr:1C!, for and UIl behalf of the Univl:r'IT)'. except, the OM between theUniversity and lh~ Vke,.(:hanL"Cllorr ,baB be jnwrhmg imd be expressed to be Illude in thc- name of the Uuivt,'t'sity. ~n(j ~Y~fY such conrract "half be executed on behalfof the University by the Vj~('-Chan~d!or or AA)! (J!i1oF Officer of the Ul:iliC'rsity a~HhQrj.lccl by the Goveming Board:, {m} have tht\ liuthori{)-' [0 sanction advenisements inciw.Hng advertlsemenrs in souvenirs, journals ~md mag{flines and the like;
(n) h!lvt> !h~ uuthority to enter into agreement with any Government or locel aUlhontY1-o tl1mlirt from such Govemmem or authorny rights, COHCt:)S)Otl£. allowances and privileges;
to) have the fmrhorft}' H) msnrure, conduct, defend, comprornlse, refer to arbnration or abandon any legaJ or other proceedings. ctanns and disputes by or aguinM lite Uru\<cr.iIY and appear or authorize to appear any solicieors, advocates umJ counsels ill this «gmu and pay ilim remuneration or authorize iIll, Officers of the LiniH!fsilYW appeer belbte any kgal atrtltorit:y. ilk !\e;Cs~a!) affidavits, petitions, rephes and do any acr, ,/(.>·ed Of Ih'Q!; Of authorize to cl" <ill)' at" d~ed or iliiP.g .tll,t may be necessary or in order to give effect to the ill$HtuJHlIl 01 cldmJiu\\ 01' MY 1~1l~1.;uit or prcceeding;
()I) kwe such other powers md perturm such other duties 3, may be COllfl4f'fed or imposed on him 4y !be Act Of the Stannes;
(q} h(lh ihaauthodt), tu inCur ((l'u1ue expenditure L'1accordance with the FmauCifll. RegU:C1~doni assm~y be h!id du~,;'n from time t" lime, subject to ih~ budget provisions made for a specillc purpose;
(r) lHPN the mnhorilY tt} '.mter into, m:g(JtktlC and sanction contracrs and art>·"ilpita1 expenditure and renegotiate such cenrracrs and to do all such acts, deeds and things m the name of and on behalf of the Universit~· in relation to various mancrs c-Onccmin.g me UHlvtrsitr:
('-) have the p.n\vet t(;~('lJl dt(': r(->;Ct~mn1!mfh~\i()!1or the F:n::lncc Officer, ~~~appnrpriat~fu"t1.d~ who respect to different items cnnslilUllng {lit' reeurnng budgetujllo a limit of Rs I ,OO,OO,OO(}(·(Rupees oue crore) for ~ac11hem, prcvi::led tlJa! such re-appropriation shall not involve any liahilhy ill furure and each such re-apPlVpridion shnll, us soon as- Yi-15;J!b!e. be reported ~n the Finance Committee:
(I) bt tuhlled to !ltc~l't donations in kind or cash on behalf of !l!~ UnJyc!'Sif), a~ may be !!ud down by the Statutes, Reg~lmi()l1' "nd Ordinances from :im: to tim".
(u) have the POWVf if..) conv0nemeeHn~s ot'the Governmt; Board and Hle' Academic Council, fU1d
(v) exercise such other powers 3S ilJ~ aecorded to re b~ rh'! Governing Board in furtherance ut' proper funchuning "1 lhc Lnhef);it~ !4. A;;;iuemlc Staft-, -The Vice-Chancellor, Professors, Associate Prof~';;~llr>, A"ll;t'lnt Professors, Visiting Prof~$!liJf' ami $lid; other person, as may be ,jesignaled as such b) the Staturcs for imp3rtillg U1S!fUC1;O!lS in the Univ~rsily or for gnctug gui.;;Hlce.\"J!' render!!!g assistance to student) for pVfslling any course Qf stud) of the UO,iv\:[:;iIY who nUlY frorn lime lJ ume be recognized by the UnJVCfiity {tmk..•iril!~sshan C;! the mCH1~r~ of the academic staff.
!5. RegIHl'ilrts}.--( 1) "(lu: OnhtetSity ,hull have ,,"ch number-of Ri:'gi~tr<tf($) as nl:ly b~ 4CI(nnineJ by tM GQVCOliol1.Board, (1J Th~ l{ugiJ'mr ~han. be ti whnl~'I{me saiarh.=-d officer of the ~jn.ivcrsjty.
j 1
(3) It. Re;i;~;'rar,Jr.lil;
(a} be th.i?< ~uStod~<)nof rne records, comrnou £I;ai and such orner property of the Univi?n;ity as the Gu\'~millg Board 1'1 any other Authority or Officer of lllt' University .!ld!! commit to ili._ chal1le;
(0) ad a, S~(f\:UI!Yto the StAndi!1g Committee:
l':) pm\ "'~ <ecrctarial functions re the Governing Board ;\Od perform such ether d'l\j~ anJ funni,)n~ Ior ;'0:
Au hornics iJ:' Cornrnntees appoiHt~ b: the ;\ulhorttiet; of the Lnivers.iy or both at.;j\tc-.crl)ed t!Of\~\i!l~~H' nrne ..
:1...•lJ::'l? ;S-Sl~t\"1C'; of nouc for c\.)!i~eHl"l m -e!:ng.. of lh\! AU!!l0rit!t' of lhe- L!'ti\"\!TS Y.
id· conduct 11o.r ;;:1corre-pondcacc orrh~ lO!I;\ersil'- l~ I m;l.ceo .I.~r.-{ ) Ihe Fmence Ofliccr ,l",n have the power to, i3) exercise g~lI<ml >U rvivinn over rhe !lmd,. "r the eOIl '"it} and d, .se It r.g;;rJs il financial "'lli;;~'
(b) !,e rorm '11Chother I1mUlcbl function: as nl.:~ be d, Iglic'1l10 hrm D} the Finance Commhrce. the Vice-Chancellor or the Governmg Board:
(c) uhject t" !h~ controt or me fmance Cormnrrtee, the Finance om.:c. shall, la) ,c, thal lr~ Iirmrs for rccurnng and non-r '.rriog expenditure for Dye; ran: nor norma!!) exceeded anti Ii!JI all moncvs arv expended for me purposes for wluch the} are gri.1lltco or allotrcd:
,:'1 e responsible 101 the preparatiou \If lInnual a eOUUI>and ensure complrancc \\it" all the accol!Jltin,; standards and ail applk~bl~ I",,) and 'Cl;U!3:iOlh:
(C) ensure that alt requesrs for P rvmcnts Of receipts received by him arc in accordance with the prescribed financial uorms and aurhorisario» I;mit~ and laid do" 1\ in lhe Financial RC\:illati(lns or all) adminisvatlve delegation mad.:
thereunder:
(d) ensure lilm nH lien" procured h} Ill.: Universuy arc duly enrere uuo Ihe stock register and 1\ceniricatc 10 this elltel j' reconl d on e bills or -ouch rs:
le) ensure tnat 61 records on accoum of aprtal a qu: 11I<)"> and ~uppli"" or purchase are III intaincd properlj, (i"l be re 'pan !O; \1) rity J1I b;tt; er \ ouchcrs:
l~.' b. r;,spun~!ble fM rh" prcpai !ion of the lJ"dset "(Ih~ Unhcrsi!) fur the ne 'I finencial ycsr and for it- presenranon 1(\ rne Vicc-Chau dim and the Finance Comminec, Ihj h~\'\! the :wthori(j to take cash tnsurnnce 10 secure the funds of' the llnh'er~it:· 11; lIlOlHlOI tll C,"-,\, .lIld l><I1lkIMI@ce, all findnciJi I, ansactter» a,IJ the ,Me of investments:
Cl m >IlIIUf collecnon of revenue and render ad ICC on (he method of conccuon mployed:
(I.) I13H' the accounts of tl,,, UIl,WC il~ regularty a;ldll~d n terms ot the Ac
(f) moni!O!".!"d Ltr.q!!ir~~!--~!!!..~~'.:thC!':l:!t1c~y:nd'tt!r~ !I:!O sU:L e- t ~I$;;;;p!inaryproc ~din~" a~:iinS1 pe:-:;;,>.:::> at t-=at;!L Illll be r"'I){,"'ihl~ !r.T ~,tablbhinll "'Id ruaintaining u intemai commis commensurate with the "le M' Ill.: U(1i~ersil~ and for the internal audit tilO<tiQn;
tn) circula: a cor} of tne audited annual accoun ' in accordance \\ iih the provision! of section 32 1)1' th Act.
10) "'Cl' updated records of 311informarjcn [linl he 1113\consider ncccssar, 10 d,,<hlll"~ hrs financial responsibilltics and en ',re ~! me end of e\ r: month that all financial Iran actions including ban•• eh q; and comtm sions reconcile r metch with Ill>; information submiued by me banks.
11 Financial ass.sran e by Member 't:lrh-(l) An inancial conmbunons made ~ me Member Sta. for the Univcrsuy; snatl be sent either ~!crronically to lit d' linl ~'d bank ccount of the University. or III th fMU' of a cheque er n .,ank or I1 in the nam oi", ~Iall University' with intimation to the Vice-Chancellor of the Univcrsiry
(2) PI, Finance Olficer ~hali maintam records <If lhe finuncial contribution! m~.d,,!1) tbe M<l1l er UM. and at the ~nd Ol each filldnCUlIy ;~r,rh R~gbtmr shall Cillculatc ill.: (olslliulIllcial contribution rnsce h) .8 h of the Members 'l3It"li ;11 the said !inancj~j venr and such r cords shall b placed in the meeting of the (jo'~m.m£ Bo rJ and .ncludcd m the annual report of the l,;uivcf$I!y, 18, Procedure of 1\('):nin~li!>1lb} '\k'mbol States tu Governing Roard. ( I) TIt > r~rr~-'Cnlal;On f the :'.1ember St.,,", .;,1 tn. Ib",qu~nr cQ~~litutiO!f..oi t e Governmg iWard hall 0.: 'tctmi" ~c'Qrdin~ to rhc Iinanei con!';' utions mn trorn :ilc \l"l1lh~r . !;lle< nnd In top live contnbuting jl.1CG1b<:r 'taws, during ihe period ending tirsr clo ~tg dare, ,hdll !lom",.!c '" mcrnher e: 'h to t:~~Go\:~rning Board e) Thrrcaner. 1"" Member SUItes Ihat provid the highc\1 !inanclalcontribution 1(1 tlw (JuiWCSII) (juring the next period otthree veers sllail nominate a member each 10 the next Governing Board, Such nonunees shall be chosen b~ Ill" Govemmcnts O! the COIl erned Member 'I(lt~',
(3) For the purpose of calculation 01 the \(11,,1fimmclal conrribetion made by a Member Slate. on fy monetary financia] cenrriburicus made ill accordance with the SlUlu{e, shall be taken into account.
19. Gifts I,) the Univershy.-{l) The Vlce-Chaacellor sh~i! set prioritiEs for fund raising. and to review and ,et admUlisttlllW policies and procedures concermng Gilt, In the IJniversity, {1.) The University ,halt promote the scllcltauoa, acceptance and stewardship of GIft> ro secure resources that :;hall enable {h~ tl111ver!>ity to further advance it~ priorities and ~ommjIU\"t1t to excellence in teach !ng, Icam.~~gand research.
(3) The University shall nor accept any Gilt Iha\ pr{.'Cludes the University from ac;;~pjjI!S Gitts fi'Qm other Donor, and the tIll;v"r,'t}' shall not aeccpi Gifts that violate allY appW;nbk law or rcgu!atioti and reserves the right re reject MyGil1,
(4) Ihe act of giving a Gift to the University shall be irrevocable whilst the Gift and the Gift Purpose shall be subject to the Ulliwn;ity's prevailing policies and procedures, ()) In recognition or a Gill made by 1\ Donor, the University mal' offer the Donor a narmng opportunity within the Umvenity a(ld the ViCI;·Clta)}Cellot mill' from lime to time to set the minimum ain level for naming oppurtunities which may be Q ffered.
(6) If a Donor who has been offered 1\ naming oppot1unily by the University falts into disrepute, t';c University reserve, the ri@,bl to diswnt)nue the use of Ih~ relevant name.
(7) All Olft,-related naming opportunities shall be approved by tbe Viee-Chancellor and ill tile case of a Gift-related naming of a School, Department. F4cull)', Chair or anylnfrastrucmre, such naming ~ball be approved by the Governing Board upon the recommendation of tne Vicc-Chaecellor;
(8) All Gifts shall be used in accordance with we Gift Purpose and all informution pertaining to a DOlwt and his GiJl shall be handled ,,41\1 respect and given confidential treatment 10 the fulkst extent ~vailabJc in law.
(9) The (Jj)lvershy shall approprlately ackncwleuge and recognize Donors and their Gifts acc.)!'\li1tg H)5udl Cl'j(cria as mu}' be >Iipu!atcd in (he Statutes,
(lu) The Vice-Chancellor shalt have the sole righr 10 I!IV~t tire Gltts in accordance wirh guidelines 31'praved by the GQvernh~ Board.
(I !) The University may charge all reasonable costs and expenses incurred ill administering Ii Git! or a Gift PU/JlOse to tbe rc1ewlllt ,mdedyin!?, fund,
(12) The Vice-Chancellor snail in eonsunanon widl the Donor, have the POWC!{o make change~ 10 a Gift Purpose, whioh has in whote or in part ceased to provide a suitable or effective way of using iheretevam Gift end the University fihall endeavour ro use the Gift for ,uch purposes as nearly as possibte akin to the original Gift Purpose 20, Prcrecionto members of tlw i\ulllorities. Qfticers tmd employees of*'.c 1JniversitV."",l1le members of the Aulhurhk'S.
Oftlws and employees of the University for the ti\1\~ being acting in rotation to My of (he affair:> of the Cniversily, th~ir exeeutcrs and lldmilll$rrators s!mll be indemnified out of the assets and funds of the Univers.it) from or against a.U suits, proceedings, costs, charges, tosses, damag.es and expenses which they or any of them shall or may incur or sustain by reason of any net done or commiued .in or ab;)ut the execution of their duties in thek respective ~fi1c~$ exceptthose done. through their wilfal negleot or delimit and allY such member> of the Authorities, Officer; and employee. shall not be-answerable fer aN;, omissions. neglect, nr default of any other members of the Authorilies, Officers or employee.
2.L Norices=-Unless otherwise provided in the Act Stlmtcs, Of Reg'Ulatioos, whenever nouee is required IQ be given under any Statute or R<:gulatiol1S, iI l11a}, be given In writing Md delivered personatty or sent by prepaid mail, commerciel message delivery service, elecuonic mail, or electronic facsimile rraesmissiou to the intended recipient at hIS 01 her address.
electromc m~H ;~_drc":i~or ~k'l.ir!'ill1!c fac')imite nuniber as shown i,~~rh: :e-'!l)(d.&of the Unive:1hj' and. if !teu: by prtp.!rd !J~;:.iI to 311 address in India or rn an address nutside India. such notice shall be deemed 10 have been given on'll!c thy following lha: on which the no!i~e was deposited with postage prepaid jn the Indian Post and if notice is sent by 11 commercial message delivery service, su~".ri(l:I,e shall be deemed 10 have been given, on the cL,y it issosent and notice given electronically shall be deemed delivered when transmiUw electronicAUy lil'lhe intended recipient's electronic mail address or fucs!n>ile number, provided 11(\ transmission error message is g~llereled by the uan$mir~ng device.
J!TEl'IDRA )iATB M1SRA .It.,Secy. (N?,landa) W<-t'F<i, 'lrol' ~ ~, ~ rm 7,f?!:<l 't& ~ mm, ~ rm ~, 2(Jl2 I:>IHNTl;D BY THE MANA'CrJ;... ('iO\-"l"RNMfNT Of fND!A PRESs.., fARU1~) ANn l'Uat..ts.l-UJ) iW nn! COmROJ..L~1tOf PtJll;JC,11OS~ PRU11, 2012