Page 19 - NLUD Act

Chap. III, Sec.14 Authorities of University 13

(d) to invest any money belonging to the University, including any
unapplied income, in such stock, funds, shares or securities, as
it may, from time to time, think fit, or in the purchase of immovable
property in India, with the like power of varying such investments
from time to time;
(e) to transfer or accept transfer of any moveable or immobile property
on behalf of the University ;
(f) to enter into vary, carryout and cancel contracts on behalf of the
University and for that purpose to appoint such officers as it may
think fit;
(g) to provide the buildings, premises, furniture and apparatus and
other means needed for carrying on the work of the University ;
(h) to entertain, adjudicate upon, and if it think fit, to redress any
grievances of the officers, teachers, students and employees of
the University;
(i) to create teaching, administrative, ministerial and other necessary
posts, to determine the number and emoluments of such posts,
to specify the minimum qualifications for appointment to such
posts on such terms and conditions of service as may be
prescribed by the Regulations made in this behalf;
(j) to appoint examiners and moderators, and if necessary to remove
them and to fix their fees, emoluments and travelling and other
allowances, after consulting the Academic Council ;

(k) to select a common seal for the University; and
(l) to exercise such other powers and to perform such other duties
as may be considered necessary, or imposed on it by or under
this Act.
(3) The Executive Council shall meet, at least, once in three months and
not less than fifteen days notice shall be given of such meetings.

(4) The meeting of the Executive Council shall be called by the Registrar
under instructions of the Vice-Chancellor or at the request of not less
than five members of the Executive Council.
(5) one-half of the members of the Executive Council shall form the quorum
at any meeting.

(6) In case of difference of opinion among the members the opinion of
the majority shall prevail.
(7) Each member of the Executive Council shall have one vote and if
there be equality of votes on any question to be determined by the