(1) The Executive Council shall be the principal executive body of the University and shall have the following powers namely-
(a) a supervise and control the affairs of the University;
(b) to hold and control the property and funds of the University;
(c) to recommend emoluments and terms and conditions of service of the Vice-Chancellor;
(d) to approve academic programmes;
(e) to make, amend or repeal Statutes;
(f) to prepare the budget of the University,
(g) to administer any funds placed at the disposal of the University,
(h) to acquire or transfer movable, immovable or intellectual property of the University;
(i) to direct the form and use of common seal of the University;
(j) to appoint such committees as may be required for the efficient functioning of the University,
(k) to determine the emoluments and terms and conditions or service of the staff of the University;
(l) to authorize operation of bank accounts of the University;
(m) to regulate and determine all another matters concerning the University in accordance with this Adhiniyam or the Statutes.
(2) Every meeting of the Executive Council shall be held on such date, time and place as may be fixed by the Vice-Chancellor.
(3) The Member of the Executive Council shall be entitled to such allowances as may be prescribed.
(4) No immovable property of the University shall, except with the prior sanction of the State Government, be transferred (except by way of letting form month to month in the ordinary course of management) by the Executive Council by way of mortgage, sale, exchange, gift or otherwise, nor shall any money be borrowed, or advance taken on the security thereof except as a condition of receipt of any grantin-aid of the University from the State Government, or, with the previous sanction of the State Government, from any other person.
(5) The Executive Council shall not exceed the limits of recurring and nonrecurring expenditure to be incurred in each financial year fixed by the Finance Committee.
(6) The Executive Council may, subject to any conditions laid down in the Statutes, delegate such of its powers as it deems fit to an officer or any, other authority of the University, or to a Committee appointed by it.