The Academic Planning and Development Board

(i) The Academic Planning and Development Board shall consist of the following: (a) A sitting or a retired judge of the Supreme Court of India or any High Court, as may be nominated by the Visitor; (b) The vice-Chancellor who shall be the Chairman; (c) Two Directors/Vice-Chancellors of Universities located in Jharkhand by the Chancellor in consultation with the vice Chancellor; (d) Six eminent Academicians from the field of law, Social Sciences, Physical and Natural Sciences, Medicine, engineering and management nominated by the Chancellor; (e) Advocate General of the State; (f) Secretary of higher educations department; (g) The chairman of Jharkhand State Bar Council; (h) One Member of Jharkhand Chambers of Commerce and industry. (ii) The Academic Planning and Development Board shall meet at least once in a year and develop plans on the future programmes of the University and recommend the same for the consideration of the Academic council and Executive council. It shall also recommend long term plans on different activities of the University as and when found necessary. (i) There shall be a Finance Committee constituted by the Executive Council consisting of the following, namely- (a) The Vice-Chancellor; (b) One member nominated by the Executive Council from amongst its members; (c) one officer each of the Finance Department and the Higher Education Department (not below the rank of the Deputy Secretary) Government of Jharkhand; (d) Finance Officer of the University; (e) One senior teacher preferably a specialist of the finance and accounts matter nominated by the Vice-Chancellor; (f) The Registrar. who shall be the member Secretary of the Finance Committee. (ii) The members of the Finance Committee shall hold office for a term of three years. (iii) The function and duties of the Finance Committee shall be as follows, namely :- (a) to examine and scrutinize the annual budget of the University and to make recommendations on financial matters to the Executive Council; (b) to consider all proposals for new expenditure and to make recommendations to the Executive Council; (c) to consider the periodical Statements of accounts and to review the finances of the University from time to time and to consider reappropriation. (d) to examine Statements and audit reports and to make recommendations to the Executive Council; (e) to give its views and to make recommendations to the Executive Council on any financial question affecting the University either on its own initiative or on reference from the Executive Council or the Vice-Chancellor. (iv) The Finance Committee shall meet twice every year. Five member of the Finance Committee shall form the quorum. (v) The Vice-Chancellor shall preside over the meetings of the Finance Committee. In case of difference of opinion among the members, the opinion of the majority of the members shall prevail.