section 9
The Board of Governors and its powers
ASBM University, Odisha Act, 2019Education201950 sections5 chapters
Chapter 3 AUTHORITIES AND OFFICERS OF THE UNIVERSITY
Statutory text
- (1) The Board of Governors of the University shall consist of the following members, namely: —
- (a) The President;
- (b) The Vice-Chancellor;
- (c) The Secretary to Government of Odisha, Higher Education Dept. or any other officer not below the rank of Joint Secretary nominated by the Secretary , who shall be the ex- officio member;
- (d) Two representatives of the Sponsoring Body, to be nominated by the Chairman of the Trust;
- (e) Two academicians, to be nominated by the Chairman of the Trust;
- (f) Two industry experts, to be nominated by the President;
- (g) Two experts in the field of Finance, Law, Management, Education or Civil Service, to be nominated by the President;
- (h) One Dean from any discipline of the University, to be nominated by the President; and
- (i) The Registrar of the University, who shall be the Member- Secretary of the Board.
- (2) The President shall be the Chairman of the Board.
- (3) The Board shall be the principal executive and governing body of the University and shall have the following powers, namely:-
- (a) to lay down policies to be pursued by the University;
- (b) to review decisions of the other authorities of the University;
- (c) to make new or additional Rules and Regulations or amend or repeal the earlier Rules and Regulation with the approval of the State Government;
- (d) to consider and approve the budget, the annual accounts and the annual report of the University;
- (e) to raise, collect, subscribe and borrow, whether or not on the security of the property of the University and, to raise money for the purposes of the University;
- (f) to create or abolish posts of teachers and other employees of the University and fix their remunerations;
- (g) to invest monies and funds of the University and take decision on the recommendations of the Finance committee;
- (h) to appoint the Auditors of the University;
- (i) to approve proposals for submission to the State Government;
- (j) to take such decisions and steps as are found desirable for effectively carrying out the objectives of the University; and
- (k) to take decision about voluntary winding up of the University with the approval of the State Government.
- (4) The Board shall, with necessary documents, apprise the Sponsoring Body all resolutions and decisions it approves from time to time;
- (5) The Board shall meet at least twice in a calendar year at such time and at such place as the President thinks fit.
- (6) Save as otherwise provided in this section, the terms of the nominated members of the Board shall be three years from the date of such nomination.
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