Finance Committee.

The constitution of the Finance Committee, the term of office of its members, and its powers and functions shall be such as may be prescribed by the Statutes. (1) Each Teaching Department shall have a Chairperson who shall be appointed by the Vice-Chancellor for a period of three years by rotation; provided that chairpersonship shall rotate among Professors and Associate Professors on seniority basis.Provided further that if a Professor/Associate Professor/Reader, who has availed one full term of chairpersonship, then he/she will be eligible for appointment of chairperson on rotation only after completion of full chain of cycle in order of seniority.(2) In the case of a Department where no teacher is eligible for appointment as Chairperson or for Departments where instruction is imparted only upto the under-graduate level in the colleges, the Dean of the concerned faculty shall be the Chairperson.(3) In case a senior person is on long leave, the next eligible person will be appointed as Chairperson of the Department and he will continue as such till the completion of his term, even if the senior person returns from leave during that period However, the senior person will be eligible for appointment as Chairperson after the expiry of the term of the present incumbent.