Pension, Provident Fund and Insurance Fund

(1) The University shall institute for the benefit of its officers, teachers and other employees, such pension, provident and insurance fund as it may deem fit. (2) Where any provident and insurance fund has been so constituted the provisions of the Provident Fund Act, 1925, shall be applicable to it as if it were a Government Provident Fund. (1) Notwithstanding anything contained in statutes, the Executive Council may invite a person of high academic distinction and professional attainments to accept a post of professor in the University, on such terms and conditions as it deems fit and on the person agreeing to do so, appoint him to the post. (2) The Executive Council may appoint a teacher or any other academic staff working in any other university or organisation for undertaking a joint project in accordance with the manner laid down in the ordinances. (23) The report of the inspection committee shall be submitted in printed form prescribed by the University within 10 days of the date of inspection to the Registrar for consideration by the Academic Council/Executive Council.