Authorities of University

The following shall be the authorities of the University, namely:- (i) the Court; (ii) the Executive Council; (iii) the Academic Council; (iv) the Finance Committee; (iva) the Board of Governors of Haryana School of Business; (v) the Faculties; (vi) the Planning Board; and (vii) such other authorities as may be declared by the Statutes to be the authorities of the University. (1) The Finance Committee shall examine the accounts and scrutinize the proposals for expenditures and shall submit the annual budget to the Executive Council for approval. No expenditure in the budget shall be incurred by the University without the prior approval of the Finance Committee which shall fix limits for the total recurring and non- recurring expenditure for the year based on the resources and the income of the University. No expenditure shall be incurred by the University in excess of the limits so fixed. (2) It shall examine a recommend to the Executive Council the creation of teaching and other posts. (3) The annual accounts and the official estimates of the university shall be laid before the Finance Committee for its consideration and comments thereon and thereafter submitted to the Executive Council for approval. The School shall have the Staff Council consisting of all the regular faculty members. The Director shall head the Staff Council. The functions of the Staff Council of the School will be the same as given in the University Ordinance.