Governing Body and its powers

(1) The Governing Body shall consist of: (a) Pro-Chancellor - Chairperson; (b) Vice-Chancellor - Member-Secretary; (c) Three academicians nominated by the Chancellor; (d) Principal Secretary/Secretary in the Higher Education Department of the State Government; (e) Five members nominated by the Sponsoring Institution; (f) One member nominated by the University Grants Commission; (g) Three members nominated by the Pro-Chancellor. (2) The Governing Body shall be the main administrative body of the University and shall have the following powers, that is to say: (a) Determination of policies to be followed by the University; (b) Appointment of statutory auditors of the University; (c) Review of decisions of other authorities of the University if they are not in accordance with the provisions of this Act or Statutes or Rules; (d) Approval of the budget, annual report and annual accounts of the University; (e) Making of new or additional Statutes or Rules, or amendment or repeal of the earlier Statutes or Rules; (f) Giving a decision regarding voluntary winding up of the University; (g) Opening, closing, operating and managing the accounts of the University; (h) Approval of proposals for submission to the State Government; and (i) Making such decisions and measures as are found desirable for effective conduct of the objectives of the University. (3) The Governing Body shall hold at least three meetings in a year at such time and place as the Pro-Chancellor may deem fit.