Chapter VI Chapter VI

Every employee shall be appointed under a written contract, which shall be kept in the University and a copy of which shall be furnished to the employee concerned.

Disciplinary proceedings against the students/employees shall be governed by procedure prescribed in the Statutes.

Every employee or student of the University or of a constikent college, shall notwithstanding anything contained in this Act, have aright to appeal within such time as may be prescribed, to the Board of Management against the decision of any officer or authority of the University or of the Principal of any such college, and thereupon the Board of Management may confirm, modify or change the decision appealed against.

The University shall constitute for the benefit of its employees such provident or pension fimd and provide such insurance scheme as it may deem fit in such manner and subject to such conditions as may be prescribed.

If any question arises as to whether any person has been duly elected or appointed as, or is entitled to be a member of any authority or other body of the University, the matter shall be referred to the Chancellorwhose decisionthemn shall be iinal.

Any authority of the University will be empowered to constitute a committee of such authority, consisting of such members as such authority may deem fit, and having suchpowers as the authority may deem fit.

Any casual vacancy among the members, other than ex officio members of any Authority or body of the University shall be tilled in the same manner in which the member whose vacancy is to he filled up, was chosen, and the person filling the vacancy shall be amember of suchauthority or body for the remaining period of the term for which the person whose place hkhe fills was a member.

No suit or other legal proceedings shall lie against any officer or other employee of the University for anythmg, which is done in good faith or intended to be done in pursuance ofthe provisions of this Act, the Statutes or the Rules.

Notwithstanding anything contained in any other provisions of this Act and the Statutes, (a) The &st Vice-Chancellor shall be appointed by the Chancellor andthe said officer shall hold officer for a term of three years, (@) The first Registrar and the first Finance Officer shall be appointed by the Chancellor who shall hold office for a termof three years; (c) The first Board of Governors shall hold office for a termnot exceeding three years; (d) The first Board of Management, the first Finance Committee and the fnst Academic Council shall be constituted by the Chancellor for a tern of three years.

(1) The Sponsor shall establish an endowment fund of at least Rs. 50,00,000. (2) The University shall have power to invest the endowment fund in suchmanners as may be prescribed. (3) The University may transfer any amount from the general fund or the development fund to the endowment fund. Except in the event of dissolution of the University, in no other circumstances can any monies be transferred from the endowment fimd for other purposes. (4) Not exceeding 75% of the incomes received from the endowment fund shall be used for the purposes of development works of the University and the remaining 25% shall be reinvested in to the endowment fund.

(1) The University shall establish a general fund to which the following amount a shall be credited, namely: (a) All fees which may be charged by the University; (b) All sums received from any other source; (c) All contributions made by the Sponsor; (d) All contribution/donations made in this behalf by any other person or body, which are not prohibited by any law for the time being in force. (2) The funds credited to the general fund shall be applied to meet the following payments: (a) The repayment of debts including interest charges thereto incurred by the University for the purposes of this Act and the Statutes, and the Rules made thereunder; (b) The upkeep of the assets of the University; (c) The payment of the cost of audit of the fund created under this Act; (d) Meeting the expenses of any suit or proceedings to which University is a party; (e) The payment of salaries and allowances of the officers and employees of the University, members of the teaching and research staff, and payment of any Provident Fund contributions, gratuity and other benefits to any such officers and employees, members of the teaching and research staff; (f) The payment of traveling and other allowances of the members of the Board of Governors, the Board of Management, Academic Council, and other authorities so declared under the Statutes of the University and of the members of any Committee or Board appointed by any of the authorities of the University in pursuance of any provision of this Act, or the Statutes, or the Rules made thereunder; (g) The payment of fellowships, fieships, scholarships, assistantships and other awards to students. research associates or trainees eligible for such awards under the Statutes, orthe Rules of the university under the provisions of this Act; (h) The payment of any expenses incurred by the University in carrying out the provisions of this Act, and the Statutes or the Rules made thereunder; (i) The payment of cost of capital, not exceeding the prevailing bank rate of interest, incurred by the Sponsor for setting up the University and the investments made thereof; (j) The payment of charges and expenditure relating to the consultancy work undertaken by the University in pursuance of the provisions of this Act, and the Statutes, and the Rules made there under; (k) The payment of any other expenses including a management fee payable to any organization charged with the responsibility of managing the University on behalf of the sponsoring body, as approved by the Board of Management to be an expense for the purposes of the University. Provided that no expenditure shall be incurred by the University in excess of the limits for total recurring expenditure and total non-recurring expenditure for the year as may be fixed by the Board of Management without the previous approval of the Board of Management: Provided further that the General fund shall be applied for the objects specified under sub Section (2) with the prior approval of the Board of Management of the University.

(1) The University shall also establish a Development Fund to which the following shall be credited, namely: (a) Development fees which may be charged from students; (b) All sums received from any other source for the purposes of the development of the University; (c) All contributions made by the Sponsor; (d) All contributionsidonations made in this behalf by any other person or body which are not prohbited by any law for the time being in force; and (e) All incomes received fiom the endowment fund. (2) The funds credited to the development fund h m time to time shall be utilized for the development ofthe University.

The funds established under Sections 40,41 and 42 shall, subject to general supervision and control of the Board of Governors, be regulated and maintained in such manner as may be prescribed.

(1) The annual report of the University shall be prepared under the direction of the Board of Management and shall be submitted to the Board of Governors for its approval. (2) The Board of Governors shall consider the annual report in its meeting and may approve the same with or without modification. (3) A copy of the annual report duly approved by the Board of Governors shall be sent to and the State Government on or before December 3 1 following close of the financial year in March 31 each year.

(1) The annual accounts and balance Sheet of the University shall be prepared under the direction of the Bcard of Management and all funds accruing to or received by the University from whatever source and all amounts disbursed or paid shall be entered in the accounts maintained by the University. (2) The m u a l accounts of the University shall be audited by a chartered accountant, who is a member of the Institute of Chartered Accountants of India, every year. (3) A copy of the annual accounts and the balance together with the audit report shall be submitted to the Board of Governors on or before December 3 1 following close of the f~nancial year in March 3 1 each year. (4) The annual accounts, the Balance Sheet and the audit report shall be considered by the Board of Governors at its meeting and the Board of Governors shall forward the same to the Visitor and the State Government along with its observations thereon on or before December 3 1 each year. (5) In the event of any material qualifications in the Report of the Auditors, the State Government may issue directions to the University, and such directions shall be binding on the University.

A copy of any receipt, application, notice, order, proceeding or resolution of any authority or committee of the university of other documents in possession of the University or any entry in any register duly maintained by the University, if certified by the Registrar, shall be received as prima facie evidence of such receipt, application, notice, order, proceeding, resolution or document or the existence of entry in the register and shall be admitted as evidence of the matters and transaction therein recordedwbere the original thereof would, if produced, have been admissible in evidence.

(1) If the Sponsor proposes dissolution of the University in accordance with the Law governing its Constitution or incorporation, it shall give at least three months notice in writing to the State Government. (2) On idcntitication of mismanagcmcnt. maladministration. indiscipline, failure in the accomplishment ofthe objects ol'University and economic hardships in the management systems of ilnivcrsity, thc State (iovcmmcnt would issue dircctions to thc Universitv and if the directions are not followed within such time as may be prescribed, the state Government is competent to order the dissolution of the University. (3) The manner of dissolution of the University would be such as may be prescribed by the State Governna ', rules, in this behalf. Provided that no such action will be initiated without affording a reasonable opportunity to show cause to the Sponsor. (3) On receipt of the notice referred to in sub-section (I), the State Government shall, in consultation with the AICTE and UGC make such arrangements for administration of the University by the Sponsor till the last batch of students in regular courses of studies of the University complete their courses of studies in such manner as may be prescribed by the Statutes.

(1) The expenditure for administration of the University during the taking over period of its management under Section 47 shall be met out of the Endowment Fund, the General Fund or the Development Fund. (2) If the funds referred to sub-section (1) are not sufficient to meet the expenditure of the University during the taking over period of its management, such expenditure may be met by disposing of the properties or assets of the University.

Every Statute or Rule made under this Act shall be laid, as soon as may be after it is made, on the table of the State Legislative Assembly.

(1) If any difficulty arises in giving effect to the provisions of this Act, the State Government may, by order notified in the official gazette, make such provisions, not inconsistent with the provisions of this Act, as appear to it to be necessary or expedient, for removing the difficulty: Provided that no order under sub-section (1) shall be made after the expiration of a period of five years from the commencement of this Act. (2) Every order made under sub-section (1) shall, as soon as may be after it is made, be laid before the State Legislative Assembly.