Finance Committee

(1) There shall be a Finance Committee to be constituted by the Vice-Chancellor consisting of the Vice-Chancellor as its Chairman, a nominee of the State Government, the Comptroller and a nominee of the Board. The Comptroller shall also act as the Secretary to the said committee. (2) The Finance Committee shall – (a) examine the annual accounts and the budget estimates and advise the Board thereon (b) review the financial position of the Unviersity from time to time and advise the board; and (c) make recommendations to the Board on any matter of finance or any proposal involving excess expenditure.