Lawgist32Annual accounts, etc
(1) The annual accounts and the balance sheet of the University shall be prepared under the directions of the Governing Board and shall, once at least every year, and at intervals of not more than fifteen months, be audited by the Comptroller and Auditor-General of India.
(2) A copy of the accounts together with the audit report shall be submitted to the Visitor along with the observations, if any, of the Governing Board.
(3) Any observations made by the Visitor on the annual accounts shall be brought to notice of the Governing Board and the views of the Governing Board, if any, on such observations shall be submitted to the Visitor.
(4) A copy of the annual report and annual accounts together with the audit report, as submitted to the Visitor, shall also be submitted to the Central Government, which shall, as soon as may be, cause the same to be laid before both the Houses of Parliament.
(5) The audited annual accounts, after having been laid before both the Houses of Parliament, shall be published in the Gazette of India.
(6) A copy of the audited annual accounts shall also be submitted to the Member States.
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- 1 Short title and commencement
- 2 Declaration of Nalanda University as an institution of national importance
- 3 Definitions
- 4 Establishment and incorporation of Nalanda University
- 5 Effect of establishment of University
- 6 Jurisdiction
- 7 Governing Board
- 8 Powers and functions of Governing Board
- 9 Objectives of University
- 10 Powers of University
- 11 University open to all persons
- 12 Visitor
- 13 Officers of University
- 14 The Chancellor
- 15 The Vice-Chancellor
- 16 The Registrar
- 17 The Finance Officer
- 18 The Controller of Examinations
- 19 The Librarian
- 20 Other officers
- 21 Privileges and immunities of academic staff, etc
- 22 Authorities of the University
- 23 The Academic Council
- 24 The School of Studies
- 25 The Finance Committee
- 26 Other authorities
- 27 Statutes
- 28 Statutes how made
- 29 Ordinances
- 30 Regulations
- 31 Annual report
- 32 Annual accounts, etc
- 33 Conditions of service of employees
- 34 Procedure of appeal and arbitration in disciplinary cases against students
- 35 Right to appeal
- 36 Provident and pension funds
- 37 Disputes as to the constitution of authorities and bodies
- 38 Filling of casual vacancies
- 39 Proceedings of authorities or bodies not invalidated by vacancies
- 40 Protection of action taken in good faith
- 41 Power to remove difficulties
- 42 Statutes, Ordinances and Regulations to be published in the Official Gazette and to be laid before Parliament
- 43 Transitional provisions
- 44 Repeal of University of Nalanda Act
