Powers, functions and meetings of the Board of Management

Powers, functions and meetings of the Board of Management (1) The Board of Management shall be the principal executive authority of the University and, as such, shall have all powers necessary to administer the University subject to the provisions of this Act and the Statutes made thereunder; and may make ordinances and regulations for that purpose and also with respect to matters provided hereunder. (2) The Board of Management shall have the following powers and functions, namely: (i) to appoint the Registrar of the University on the recommendations of the Selection Committee constituted for that purpose; (ii) to present to the Court at its annual meeting: (a) annual report of the University; and (b) annual accounts; (iii) to manage and regulate the finances, accounts, investments, properties, business and all other administrative affairs of the University and for that purpose, constitute committees and delegate the powers to such committees or such officers of the University as it may deem fit; (iv) to invest any money belonging to the University, including any unapplied income, in such stock, funds, shares or securities as it may, from time to time, think fit, or in the purchase of immovable property in India, with the like power of varying such investments from time to time except land acquired or buildings constructed with the assistance of the Government, in which cases the prior approval of the Government shall be required; (v) to enter into, vary, carryout and cancel contracts on behalf of the University and for that purpose to appoint such officers as it may think fit; (vi) to provide the buildings, premises, furniture and apparatus and other means needed for carrying on the work of the University; (vii) to entertain, adjudicate upon, and if it thinks fit, to redress any grievances of the officers, the teachers, the students and the employees of the University; (viii) to create institute and appoint persons to academic as well as other posts in the institute and determine salary structure and terms and conditions of different cadres of employees. Provided that the prior approval of Government shall be taken to create posts, determine their salary structure and terms and conditions of different cadres of employees; (ix) to appoint persons in teaching, administrative and ministerial posts; (x) to appoint examiners and moderators, and if necessary to remove them and to fix their fees, emoluments and travelling and other allowances, after consulting the Academic Council; (xi) to select a common seal for the University; (xii) to exercise such other powers and to perform such other duties as may be considered necessary or imposed on it by or under this Act. (3) (i) The Board of Management shall meet at least once in three months and not less than fifteen days' notice shall be given for such meetings. (ii) The meetings of the Board of Management shall be called by the Registrar under instructions of the Vice-Chancellor or at the request of not less than five members of the Board of Management. (iii) One-third of the members of the Board of Management shall form the quorum at any meeting. (iv) In case of difference of opinion among the members, the opinion of the majority shall prevail. (v) Each member of the Board of Management shall have one vote and if there be equality of votes on any question to be determined by the Board of Management, the Chairman of the Board of Management or, as the case may be, the member presiding over that meeting shall, in addition, have a casting vote. (vi) Every meeting of the Board of Management shall be presided over by the Vice-Chancellor and in his absence by a member chosen by the members present. (vii) If urgent action by the Board of Management becomes necessary, the Vice-Chancellor may permit the business to be transacted by circulation of papers to the members of the Board of Management. The action so proposed to be taken shall not be taken unless agreed to by a majority of members of the Board of Management. The action so taken shall be forthwith intimated to all the members of the Board of Management.