Page 200 - Compendium of UGC Regulations 1957-2023

Regulations on Establishment, Maintenance and Recognition of Institutions:

k) to recommend the institution of teaching posts (Professors, Associate Professors,
and Assistant Professors) to the Executive Council;
l) to make recommendations to the Executive Council for the establishment or
abolition of departments or centres or schools or faculties, etc.
m) to make recommendations to the Executive Council; and

n) to exercise such other powers and to perform such other duties, as may be conferred
or imposed upon it by the rules of the institution deemed to be University.

C. Meeting of Academic Council.—(1) The Academic Council shall meet as often as
necessary but not less than four times (at least two times in a semester) during an
academic year with not less than seven days prior notice being given before every
meeting of the Academic Council and emergency meetings may be convened at a
shorter notice, for reasons to be recorded in writing for such emergency meeting.
(2) One-third of the total number of members of the Academic Council shall constitute
the quorum for the meeting of the Academic Council.

(3) Each member, including its Chairperson, shall have one vote, and decisions at the
meetings of the Academic Council shall be taken by simple majority; and in case
of a tie, the Chairperson shall have a casting vote.

(4) Any business that may be necessary for the Academic Council to perform,
which may be urgent in nature, may be carried out by circulation amongst its
members.

18. Finance Committee.— (1)The composition of the Finance Committee shall be —
(i) Vice Chancellor - Chairperson;
(ii) Pro Vice-Chancellor (wherever applicable);
(iii) one person nominated by the society or trust or company, as the case may be (wherever
applicable);
(iv) three persons to be nominated by the Executive Council, out of whom at least one shall
be a member of the Executive Council;

(v) one representative of the Central Government not below the rank of Joint Secretary or
his representative to the Government of India, in case the institution is controlled and
managed by the Central Government or is receiving funds more than or equal to fifty
per cent. of their annual receipt from the Central Government directly or through its
Agencies; and in all other institution deemed to be Universities, the Commission shall
nominate a representative;
(vi) three persons to be nominated by the Chancellor;

(vii) Finance Officer-Secretary- ex officio
(2) In case the institution deemed to be University is controlled or managed or funded
by the State Government, one representative of such Government.
(3) All members of the Finance Committee other than ex-officio member shall hold
office for a term of three years.

(4) The Finance Committee shall meet at least four times in an academic year (at
least twice each semester) to examine the accounts and scrutinise the proposals
for expenditure and one-third of the total number of members of the Finance
Committee shall form the quorum for a meeting.

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University Grants Commission