Powers and functions of Board of Management

(1) Subject to the provisions of this Act, the following shall be the functions of Board of Management, as the case may be. Responsibilities of the Board of Management, will be as per the regulations and include :- (a) be the main executive authority of the University; (b) maintain oversight of the operations and drive continuous improvement in all academic and administrative functions and processes of the University; (c) recommend strategic decisions, goals to the Board of Governors and oversee its successful execution; (d) ensure all regulatory compliance through the officers of the University; (e) maintain financial oversight and control, in accordance with the annual budget approved by the Board of Governors; and (f) review and recommend the recruitment, appraisals and promotion processes of administrative staff of the University to the Board of Management. (2) Powers of the Board of Management shall be defined as per regulations and shall include, but shall not be limited to ; (a) take decisions on important matters of University operations, in alignment with the strategy and goals set forth by the Board of Governors; (b) approve the recruitment and appraisal of all faculty and administrative staff members as per the regulations; (c) sanction seats and approve the admission of students across various programs as may be prescribed; and (d) create committees, as provided under this Act, to manage university operations. (3) Membership of the Board of Management shall consist of : (a) faculty, administrators, and the Vice-Chancellor; (b) 8 -12 members; (c) Ex-officio members of the Board, which will comprise of - (i) Vice-Chancellor as the Chairperson; (ii) Dean of Schools; (iii) Chief Finance Officer; (iv) Any other Officer, prescribed by the regulations; (v) Registrar as Secretary; and (vi) Other members will be nominated as per the regulations. (4) Conditionalities for creation of the Board of Management shall be as prescribed. (5) The selection criteria and process, terms, meetings, quorum and selection processes of the Board of Management will be as per the regulations.