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Start Free TrialKannada University Act, 1991 Chapter 5
Title: The Faculties, the Boards of Studies, the Finance Committee and Other Authorities
State: Karnataka
Year: 1991
.....attached to each Department of teaching. The constitution and powers of the Boards of Studies shall be such as may be prescribed by the statutes. Section 29 - Constitution of other authorities The constitution of such other bodies as may be declared by the statutes to be authorities of the University shall be provided for in the manner prescribed. Section 30 - Finance Committee (1) The Finance Committee shall consist of the following members, namely:- (a) The Vice-Chancellor; (b) The Secretary to Government incharge of Finance; (c) The Secretary to Government incharge of Education; (d) Two members nominated by the Executive Council from amongst its members, of whom one shall be a professor and one shall be a person nominated to the Executive Council by the Chancellor. (2) If for any reason the officer referred to in clause (b) or clause (c) of sub-section (1) is unable to attend any meeting of the Finance Committee, he may depute any officer of his department not lower in rank than that of a Deputy Secretary to Government to attend such meeting. The officer or person deputed shall have the right to take part in the discussions of the committee and shall have.....
View Complete Act List Judgments citing this sectionKannada University Act, 1991 Section 30
Title: Finance Committee
State: Karnataka
Year: 1991
.....be a person nominated to the Executive Council by the Chancellor. (2) If for any reason the officer referred to in clause (b) or clause (c) of sub-section (1) is unable to attend any meeting of the Finance Committee, he may depute any officer of his department not lower in rank than that of a Deputy Secretary to Government to attend such meeting. The officer or person deputed shall have the right to take part in the discussions of the committee and shall have the right to vote. (3) The Vice-Chancellor shall be the ex-officio Chairman and the Finance Officer shall be the ex-officio Secretary of the Finance Committee. (4) All members of the Finance Committee other than the ex-officio members shall hold office for a period of three years. (5) The Finance Committee shall meet at least once in three months to examine the accounts and to scrutinise proposals for expenditure. (6) The annual accounts of the University prepared by the Finance Officer shall be laid before the Finance Committee for consideration and comments and thereafter submitted to the Executive Council for approval. (7) The Finance Committee shall recommend limits for the total recurring expenditure and the.....
View Complete Act List Judgments citing this sectionState Universities Act, 2000 (29 of 2001) Section 32
Title: The Finance Committee
State: Karnataka
Year: 2000
.....and for reasons to be recorded in writing, incur without the approval of the Finance Committee, any expenditure not exceeding fifty thousand rupees in any one case for which no provision is made in the budget or which is in excess of the provisions made in the budget: Provided that such expenditure shall be placed before the Finance Committee for ratification at its immediate next quarterly meeting: Provided further that if the incurring of expenditure by the Vice-Chancellor is not satisfactory, the Finance Committee may refer it to the Chancellor, whose decision in the matter shall be final. (5) Where the votes on any subject considered by the Finance Committee are equally divided, the Vice-Chancellor shall have the casting vote. ________________________ 1. Proviso inserted by Act 33 of 2003 w.e.f. 21.6.2003
View Complete Act List Judgments citing this sectionKarnataka Universities of Agricultural Sciences Act, 1963 Section 28A
Title: Finance Committee
State: Karnataka
Year: 1963
.....involving expenditure in excess of the amount provided for in the budget; (iv) such other functions as may be prescribed by the Statutes. (3) Notwithstanding anything in the preceding sub-section, the Vice-Chancellor may, in case of urgency and for reasons to be recorded in writing, incur any expenditure not exceeding rupees ten thousand in any one case for which no provision is made in the budget or which is in excess of the provisions made in the budget without reference to the Finance Committee, but such expenditure shall be reported at the next earliest meeting of the Finance Committee.] _______________________ 1. Subsection (1) to (3) inserted by Act 40 of 1987 w.e.f. 31.12.1987.
View Complete Act List Judgments citing this sectionRajiv Gandhi National Institute of Youth Development Act, 2012, (Central) Section 18
Title: Finance Committee
State: Central
Year: 2012
(1) There shall be a Finance Committee of the Institute which shall be the principal financial body of the Institute. (2) The Finance Committee shall consist of the following, namely:- (a) Director-Presiding Officer of the Finance Committee; (b) Joint Secretary and Financial Adviser in the Union Ministry of Youth Affairs and Sports; (c) Registrar of the Institute; (d) one Professor of the Institute on rotation basis, as may be nominated by the Chairperson; (e) one Member from the Executive Council to be nominated by the Chairperson; (f) Joint Secretary in the Ministry of Youth Affairs and Sports dealing with the affairs of the Institute; (g) the Finance Officer of the Institute-Member-Secretary. (3) The term of office of members of the Finance Committee and its powers shall be such as may be provided by the Statutes. (4) While nominating the members of the Academic Council due representation shall be given to women, different regions of the country, weaker sections of the community and differently abled persons.
View Complete Act List Judgments citing this sectionKhadi and Village Industries Commission Act, 1956 Section 19A
Title: Standing Finance Committees
State: Central
Year: 1956
1[19A. Standing Finance Committees (1) There shall be constituted from among the members of the Commission in the prescribed manner, a Standing Finance Committee in respect of each of the2[three funds] referred to in section 18. 3[Provided that the Chief Executive Officer and Financial Adviser shall be ex-officio members of the Standing Finance Committee in respect of each of the three separate funds referred to in sub-section (1) of section 18,]. (2) The Standing Finance Committee shall exercise such of the powers of the Commission under section 19 as are delegated to it by the Commission. ________________________ 1. Sections 19A, 19B inserted by the Khadi and Village Industries (Amdt.) Act, 1961 (32 of 1961), Section 11 (28-8-1961). 2. Substituted for the words "two funds", by the Khadi and Village Industries (Amdt.) Act, 1987 (12 of 1987), Section 12 (1-4-88). 3.Proviso i nserted by the Khadi and Village Industries Commission (Amendment) Act, 2006 (10 of 2006).
View Complete Act List Judgments citing this sectionState Open University Act, 1992 Section 20
Title: The Finance Committee
State: Karnataka
Year: 1992
(1) The Board of Management shall constitute a Finance Committee consisting of not more than five members as follows :- (1) the Vice-Chancellor, ex-officio Chairman; (2) the Secretary, Finance Department or his nominee; (3) the Secretary, Education Department or his nominee; (4) two members nominated from among the members of the Board of Management by the Board of Management; (5) the Finance Officer, ex-officio Member Secretary. (2) The Registrar shall be a permanent invitee to Finance Committee. (3) The powers and functions of the Finance Committee shall be as follows:- (i) scrutinize the annual budget estimates and make its recommendations to the Board of Management; (ii) conduct general examination of the accounts of the University and consider the audit reports and make its recommendations thereon; (iii) examine all proposals of the University involving expenditure for which no provision has been made in the budget or involving expenditure in excess of the amount provided for in the budget; and (iv) such other functions as may be prescribed by the statutes;
View Complete Act List Judgments citing this sectionKarnataka Veterinary, Animal and Fisheries Sciences University Act, 2004 Section 35
Title: Finance Committee
State: Karnataka
Year: 2004
(1) There shall be a Finance Committee consisting of the following members, namely: (i) the Vice--Chancellor, Ex--officio Chairperson; (ii) two persons nominated by the Board from amongst its members; (iii) the Secretary to the Government of Karnataka, in charge of Animal Husbandry and Fisheries Department or his nominee not below the rank of a Joint Secretary. (iv) the Secretary to the Government of Karnataka, Finance Department or his nominee not below the rank of a Joint Secretary. (v) the Comptroller of the University who shall be the Ex--Officio Secretary of the Committee. (2) The Finance Committee shall perform the following functions, namely (i) to scrutinize the annual account and budget estimates of the University and make its recommendations to the Board; (ii) to conduct the general examinations of the accounts of the University review the yearly audit reports and make its recommendations thereon; (iii) to examine all proposals of the University involving expenditure for which no provision is made in the budget or involving expenditure in excess of the amount provided for in the budget; (iv) to perform such other functions as may be prescribed by the
View Complete Act List Judgments citing this sectionKalakshetra Foundation Act, 1993 Section 17
Title: Finance Committee
State: Central
Year: 1993
(1) The Finance Committee shall consist of-- (a) the Financial Adviser to the Government of India or his nominee in the Ministry of the Central Government dealing with culture; (b) an officer of the Central Government, not below the rank of a Deputy Secretary, to be nominated by that Government; (c) an officer of the State Government not below the rank of a Deputy Secretary, to be nominated by that Government, representing the Department of Finance of that Government; and (d) the Director. (2) The Finance Committee shall observe such procedure in regard to the transaction of the business at its meetings as may be specified by regulations.
View Complete Act List Judgments citing this sectionAgricultural Produce Cess Act 1940 Section 7
Title: Standing Finance Committee
State: Central
Year: 1940
(1) The Council shall constitute a Standing Finance Committee, of which one member shall be chosen from among the members of Parliament on the governing body of the Council, and one member shall be an officer appointed by the Central Government. (2) Subject to the provisions of sub-section (1) the constitution, functions and procedure of the Standing Finance Committee shall be regulated in such manner as the Council may with the previous approval of the Central Government determine.
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