Vidhi Codex

section 20

The Board of Governors and its powers

The Institute of Chartered Financial Analysts of India University Act, 2005
Education200551 sections6 chapters
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Chapter 4 Authorities of the University

Statutory text
  1. (1) The Board of Governors shall consist of the following
    • (a) The Chancellor (b) The Vice-Chancellor
    • (c) Three persons nominated by the Sponsor;
    • (d) One representative of the State Government;
    • (e) An educationist of repute to be nominated by the State Government;
    • (f) One person of repute from the State to be nominated by the sponsor;
  2. (2) The Chancellor shall be the Chairman of the Board of Governor.
  3. (3) The Registrar shall be an-officio Secretary of the Board of Governors.
  4. (4) The Board of Governors shall be supreme authority and principal governing body of the University and shall have the following powers, namely:
    • (a) To appoint the Statutory Auditors of the University;
    • (b) To lay down policies to be persued by the University;
    • (c) To review decisions of the other authorised of the University if they are not in conformity with the provisions of this Act, or the Statutes or the Rules;
    • (d) To approve the budget and annual report of the University;
    • (e) To make new or additional Statutes and Rules or amend or repeal the earlier Statutes and Rules;
    • (f) To take decision about voluntary winding up of the University;
    • (g) To approve proposals for submission to the State Government; and
    • (h) To take such decisions and steps as are found desirable for effectively carrying out the objects of the University;
  5. (5) The Board of Governors shall meet at least twice in a calendar year at such time and place as the Chancellor thinks fit;

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