(a) to examine and scrutinize the annual Dudget of the University and to make recommendations on financial matters to the Executive Council;
(b) to consider all proposals for new expenditure and to make recommendations to the Executive Council;
(c) to consider the periodical statements of accounts and to review the finances of the University, from time to time, to consider re-appropriation statements and audit reports, and to make recommendations thereon to the Executive Council; and
(d) to give views and to make recommendations to the Executive Council on any financial matters affecting the University, either on its own motion or on a reference from the Executive Councilor the Vice-Chancellor.
(2) The Finance Committee shall meet at least once in every six months. Three members of the Finance Committee shall form the quorum for a meeting.
(3) The Vice-Chancellor shall preside over the meetings of the Finance Committee and in his absence a member elected at a meeting shall preside.
(4) The decisions of the Finance Committee shall be taken by simple majority of the members present and voting.
(5) All matters relating to creation of posts and grant of scales shall be brought before the Finance Committee for its recommendations before being placed before the Executive Council .
.. /?- Dispute Resolution Committee
27. (1) There shall be a Dispute Resolution Committee to redress the dispute that may arise between the management and staff, management and students, teachers and students and teachers and management, comprising,-
(a) the Vice-Chancellor or his nominee;
(b) one member of the Executive Council, nominated by the Chancellor; and
(c) one member, nominated by the Chancellor, who is not part of any of the councilor committees to the University and who is a distinguished law academic with at least fifteen years' experience in a similar institution.
(2) The Registrar shall be the convener of the Dispute Resolution Committee.
(3) Where the dispute relates to a complaint of sexual harassment, the Dispute Resolution Committee shall be reconstituted by co-opting certain additional members consistent with the law relating to sexual harassment.
(4) The Executive Council, or any smaller body, that may be constituted by it for this purpose, shall be the Appellate Authority.
(5) The rules and regulations governing the functioning of the Dispute Resolution Committee and the Appellate Authority shall be as framed by the Executive Council.
Selection Committee 28. (1) The Executive Council shall constitute Selection Committee for making recommendations for appointment to the posts of Professors, Associate Professors and other teachers of the University.
(2) The Selection Committee shall consist of the following members, namely:-
(a) the Vice-Chancellor or his nominee;
(b) the Head of the Department concerned, if any, who is not lower in rank than that of the post for which selection is to be made;
(c) where an appointment is to be made to any academic post, three experts nominated by the Vice-Chancellor from amongst a panel of names recommended by the Academic Council; and
(d) Where appointment is to be made to any administrative post, three experts in the fields of University administration, nominated by the Vice-Chancellor from amongst a panel of names recommended by the Executive Council.
(3) Where an endowment from a donor is accepted by the University for instituting a Chair, the donor may be co-opted - 18- Standing Committee and ad-hoc committees Officers of the University as a member of the Selection Committee for the purpose of filling in that post.
(4) The meeting of the Selection Committee shall be convened by the Vice-Chancellor whenever necessary. The Vice-Chancellor or in his absence, a member of Selection Committee nominated by him shall preside over the meeting of the Selection Committee. Three members of the Selection Committee of whom one shall be an expert, shall form the quorum for a meeting of the Committee.
29. Subject to the provisions of this Act and the regulations, the Executive Council may, by resolution, constitute such Standing Committees or appoint ad-hoc committees of such persons, for such purposes and with such powers as the Executive Council may thinks fit for exercising any power or discharging any function of the University or inquiring into and reporting or advising upon, any matter relating to the University.
CHAPTER-V OFFICERS OF THE UNIVERSITY