The Executive Council

(1) The Executive Council shall be the Chief Executive body of the University.

(2) The administration, management and control of the University shall be vested with the Executive Council, which shall control and administer the property and funds of the University.

(3) The composition of the Executive Council and its powers and functions shall be such as are prescribed in the schedule. The Executive Council may by resolution, delegate to the Vice-Chancellor or to a Committee such of its powers as it may deem fit subject to the condition that the action taken by the Vice-Chancellor or such committee, in exercise of the powers so delegated, shall be reported at the next meeting of the Executive Council.