[Heading Missing]

(i) The University shall have the power to enter into any contract or agreement as it may deem fit. (ii) Any contract or agreement entered into by the University shall be in accordance with the provisions of this Act and the rules and regulations made thereunder. (i) The Chancellor may appoint a committee consisting of one or more persons to make an enquiry and report in regard to the work and progress of the University in general, or in regard to any specific activity of the University. (ii) The Chancellor may on receipt of the report of the said corn;-nittee made under sub-section (i) take such action and issue such directions as he considers necessary in respect of any matter dealt within the said report and the University shall be bound to complV with such directions,