Annual Accounts

(1) The annual accounts and the balance-sheet of the University shall be prepared under the directions of the Executive Council and shall once at least every year and at intervals of not more than 15 months be audited by the Examiner, Local Fund Accounts, Haryana or any other auditor that may be appointed by the Government. The annual accounts when audited shall be published in the Haryana Government Gazette and a copy of annual accounts alongwith the report of Examiner, Local Fund Accounts or the auditor shall be submitted to the Court and the Chancellor alongwith the observations of the Executive Council. Any observations made by the Chancellor on the annual accounts shall be brought to notice of the Court and the observations of the Court, if any, shall after being considered by the Executive Council, be submitted to the Chancellor. (2) The annual accounts and the balance-sheet of the University shall also be submitted to the Government at the time of its submission to the Chancellor. There shall be a Head of each department who shall be appointed by the Vice-Chancellor, by rotation, from amongst the professors in the department, for a period of three years. In the absence of more than one professor in any department, the appointment by rotation will be from amongst the professors and the associate professors in the department. If a department has no Professor, the headship will rotate among the Associate Professors if a Department has only (i) one Professor and no Associate Professors or (ii) only one Associate Professor and no Professor, then, the Vice-Chancellor, under special circumstances, if he deems fit, may appoint as Head, the senior most Assistant Professor (in AGP Rs. 8000) having atleast 9 years teaching experience and report the matter to the Executive Council in its next meeting. In case of a Department, where no teacher is eligible for appointment as Head, Dean/Professor/Associate Professor of the concerned faculty will be appointed as Head. (i) All sanctioned posts of teachers shall be filled up after advertisement in case of direct recruitment. (ii) The University may promote Assistant Professors, Associate Professors and Professors under various promotion schemes as approved by the Executive Council from time to time in accordance with the eligibility conditions under the relevant schemes strictly as per the UGC regulations. The post of Asstt. Professors and Assoc. Professors held by them shall be upgraded to the post of Assoc. Prof. and Professors temporarily under the relevant promotion schemes. The above temporarily upgraded post shall stand automatically downgraded as and when the incumbent retires/resigns/expires/removed form service. The teacher holding upgraded post and promoted under any scheme shall be treated at par with the directly recruited teachers.