LawgistThe Kalakshetra Foundation Act
18Powers and functions of Finance Committee
The Finance Committee shall--
(i) scrutinise the annual statement of accounts and budget estimates of the Foundation prepared by the Director and make recommendations to the Governing Board;
(ii) prescribe the limits of the recurring and non-recurring expenditure of the Foundation for each financial year;
(iii) review the financial position of the Foundation from time to time and have an internal audit conducted; and
(iv) perform such other functions as may be prescribed.
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KALAKSHETRA FOUNDATION
- 8 Establishment and incorporation of Foundation
- 9 The objects of Foundation
- 10 Authorities of the Foundation
- 11 The Governing Board
- 12 Term of office of Members
- 13 Meetings of the Governing Board
- 14 Governing Board to be the supreme authority of Foundation
- 15 Academic Committee
- 16 Powers and functions of Academic Committee
- 17 Finance Committee
- 18 Powers and functions of Finance Committee
- 19 Appointment and duties of Director
- 20 Transfer of service of existing employees
