First-ever : A comprehensive, user-friendly and dedicated Finance Wing website-alpha version launched by the Honourable VC              Suggestions and comments are welcome at finofficer@du.ac.in and dufinancewing@gmail.com            First-ever : Publication of a comprehensive Financial Procedure Document (Draft) for Training and Reference purposes for the Finance Wing            First-ever : No transactions through physical cash collection in Finance branch-a major landmark towards e-governance@DU            First ever : Proud to announce over a million online transactions carried out since inception of complete online payment system(2016)            Online fee collection for the 2nd and 3rd Year   UG Student  and  PG students               Miscellaneous Fee Collection         UGC letter granting extension beyond 31st March, 2017 for utilisation of various components of UGC XII plan grants            Online fee collection for the 2nd and 3rd Year   UG Student  and  PG students               Miscellaneous Fee Collection        

|    e-Fee Payment  |   Misc.Fee  |   e-Procurement  |   e-Research Projects  |   GeM  |   Circulars  |   Annual A/c  |   Budget  |   Funds Utilisation  |  

  Finance Committee

Collapse all | Expand all
Statutes
10-A.

(1) The Finance Committee shall consist of the following members, namely:

    (i) Vice-Chancellor(Chairman);

    (ii) Pro- Vice-Chancellor, if any;

    (iii) Two persons nominated by the Visitor;

    (iv) Two persons, who are not employees of the University or of a recognised College or Institution, elected by the Court in accordance with the Rules laid down in Appendices "D" and "X" to these Statutes at least one of those so elected shall be a person who is not a member of the Executive Council; Provided that no person shall be elected to the Finance Committee more than twice.

    (v) Treasurer (Convener).

(2) Three members of the Finance Committee shall form a quorum.
(3) All members of the Finance Committee, other than ex-officio members, shall hold office for a term of three years.
(4) The Vice-Chancellor shall preside at the meetings of the Finance Committee. In the absence of the Vice-Chancellor, the Pro-Vice-Chancellor shall preside at a meeting thereof. In the absence of both the Vice-Chancellor and the Pro- Vice-Chancellor, the Treasurer shall preside at a meeting thereof.
(5) A member of the Finance Committee shall have the right to record a minute of dissent if he dissents from his colleagues.
(6) The Finance Committee shall meet at least twice every year to examine accounts and to scrutinise proposals for expenditure.
(7) The annual accounts and the financial estimates of "the University prepared by the Treasurer shall be laid before the Finance Committee for consideration and comments and thereafter submitted to the Executive Council for approval.
(8) The Finance Committee shall fix limits for the total recurring expenditure and the total non-recurring expenditure for the .year, based on the income and resources of the University (which in the case of productive works, may include the proceeds of loans). No expenditure shall be incurred by the University in excess of the limits so fixed.
(9) No expenditure other than that provided for in the budget shall be incurred by the University without the approval of the Finance Committee.
List of Members
List of Members
Meetings
Minutes