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18 NATIONAL LAW UNIVERSITY ACT, 2008 Chap. IV, Sec.19
(b) to consider all proposals for new expenditure and to make
recommendations to the Executive Council;
(c) To consider the periodical statements of accounts and to review
the finances of the University from time to time and to consider
re-appropriation statements and audit reports and to make
recommendations to the Executive Council;
(d) To give its views and to make recommendations to the Executive
Council on any financial question affecting the University either
on its own initiative or on reference from the Executive Council or
the Vice-Chancellor.
(4) The Finance Committee shall meet at least, thrice in every year.
Three members of the Finance Committee shall form the quorum.
(5) The Vice- Chancellor shall preside over the meetings of the Finance
Committee, and in his absence, a member elected at the meeting
shall preside. In case of deference of opinion among the members,
the opinion of the majority of the members present shall prevail.
CHAPTER IV
Officers of the University
19. Officers of the University:-
The following shall be the officers of the University:
(a) the Vice-Chancellor ;
(b) the Registrar;
(c) heads of the Departments;
(d) such other officers as may be prescribed by the Statutes or
Regulations.
20. The Vice-Chancellor:-
(1) The Vice-Chancellor shall be an academic person and an outstanding
scholar in law or an eminent jurist. He shall be a whole time salaried
officer of the University.
(2) The Vice-Chancellor shall be appointed by the Chancellor on the
recommendations of the Governing. Council from out of a panel of
not less than three persons recommended (the names being arranged