(1) The accounts of the university shall be audited at least once every year and in any case within six months of the close of the financial year by the auditors appointed by the Vyavasthapana Parishad from amongst the firms of Chartered Accounts whose partners have no interest in any of the authorities or affairs of the university. (2) The audited accounts shall be published by the university and a copy thereof together with the copy of the auditor’s report, shall be submitted to the Kuladhipati, State Government and, on receipt of such audited accounts the Vyavasthapana Parishad shall consider and pass such resolution thereon as it thinks fit. 1[(2A) The State Government shall cause the audited annual accounts of the university, received by it, to be laid before each House of the State Legislature.] (3) The State Government may conduct the test audit or full audit of the accounts of the university at regular intervals by the auditors appointed by the State Government.
<span style="margin-left:15px;"></span>(<i>1</i>) The accounts of the university shall be audited at least once every year and in any case within six months of the close of the financial year by the auditors appointed by the <i>Vyavasthapana Parishad</i> from amongst the firms of Chartered Accounts whose partners have no interest in any of the authorities or affairs of the university.<br> <span style="margin-left:15px;"></span>(<i>2</i>) The audited accounts shall be published by the university and a copy thereof together with the copy of the auditor’s report, shall be submitted to the <i>Kuladhipati</i>, State Government and, on receipt of such audited accounts the <i>Vyavasthapana Parishad</i> shall consider and pass such resolution thereon as it thinks fit.<br> <span style="margin-left:15px;"></span><sup>1</sup>[(<i>2A</i>) The State Government shall cause the audited annual accounts of the university, received by it, to be laid before each House of the State Legislature.]<br> <span style="margin-left:15px;"></span>(<i>3</i>) The State Government may conduct the test audit or full audit of the accounts of the university at regular intervals by the auditors appointed by the State Government. <br>