The Board of Governors and its powers

(1) The Board of Governors shall consist of— (a) The Chancellor - Chairman; (b) The Vice-Chancellor - Member Secretary; (c) Principal Secretary/Secretary to the State Government in the Higher Education Department or a Secretary to the State Government nominated by the State Government. (d) Three persons nominated by the ICFAI, Hyderabad; (e) A nominee of the UGC. (f) Two eminent educationists and academicians, out of whom at least one will be a woman, nominated by the Visitor; (g) Two academicians out of whom at least one will be a woman nominated by the Chancellor. The Registrar shall be an ex-officio Secretary of the Board of Governors. (2) The Board of Governors shall be the principal governing body of the University and shall have the following powers, namely:- (a) to appoint the Statutory Auditors of the University; (b) to lay down policies to be pursued by the University; (c) to review decisions of the other authorities of the University if they are not in conformity with the provisions of this Act, or the statutes or the Rules; (d) to approve the budget and annual report of the University; (e) to make new or additional statutes or amend or repeal the earlier Statutes and Rules; (f) to take decision about voluntary winding up of the University; (g) to approve proposals for submission to the State Government; and (h) to take such decisions and steps as are found desirable for effectively carrying out the objects of the University. (3) The Board of Governors shall, meet atleast thrice a year at such time and place as the Chancellor thinks fit.