The Board of Governors and its powers

(2) The Board of Governors shall be the Principal Governing Body of the University and shall have the following powers, namely:-(a) To lay down policies to be pursued by the University; (b) To review decisions of the other authorities of the University if they are not in conformity with the provision of this Act, or the Statutes or the Rules; (c) To approve the budget and annual report of the University; (d) To make new or additional Statutes or Rule or amend or repeal the earlier Statutes and Rules; (e) To take decision about voluntary winding up of the University; (f) To approve proposals for submission to the State Government; and (g) To take such decisions and steps as are found desirable for effectively carrying out the objects of the University;