Section 11: The Finance Committee

Q: What does Section 11 of The Indira Gandhi National Open University Act, 1985 (TIGNOUA) deal with?

Section 11 TIGNOUA pertains to "The Finance Committee". It is part of the The Indira Gandhi National Open University Act, 1985, a legislation enacted by the Parliament of India. Section 11 of The Indira Gandhi National Open University Act, 1985 (TIGNOUA) governs the Finance Committee. As verified on 19 May 2026.

Q: Is Section 11 TIGNOUA still in force?

Yes, Section 11 of the The Indira Gandhi National Open University Act, 1985 is currently in force across the Republic of India.

Q: What is धारा 11 TIGNOUA?

धारा 11 TIGNOUA is the Devanagari Hindi reference for Section 11 of the The Indira Gandhi National Open University Act, 1985. Section 11 of The Indira Gandhi National Open University Act, 1985 (TIGNOUA) governs the Finance Committee. As verified on 19 May 2026.

Q: What is Dhara 11 TIGNOUA?

Dhara 11 TIGNOUA is the Roman Hindi reference for Section 11 of the The Indira Gandhi National Open University Act, 1985. "Dhara" means "Section" in Hindi. Section 11 of The Indira Gandhi National Open University Act, 1985 (TIGNOUA) governs the Finance Committee. As verified on 19 May 2026.

Q: How to cite Section 11 of The Indira Gandhi National Open University Act, 1985?

Cite as: "Section 11, The Indira Gandhi National Open University Act, 1985 (TIGNOUA)" in legal briefs. For academic writing, use the BlueBook format: The Indira Gandhi National Open University Act, 1985, § 11 (India).

Law on Tips Editorial Board

(1)

[ The Finance Committee shall consist of the following members, namely :-

(i) Vice-Chancellor;

(ii) a Pro-Vice-Chancellor of the University, by rotation according to seniority;

(iii) a Director of School of the University by rotation according to seniority;

(iv) one person to be appointed by the Board of Management, from among its members other than an employee of the University;

(v) one person, who is not an employee of the University nominated by the Board of Management,

(vi) two persons to be nominated by the Visitor,]

(1)

[(a) The Finance Officer shall be ex-officio Secretary of the Finance Committee, but he shall not be deemed to be a member of that Committee.] [Addition of Clauses (1)(a) to Statute 11 approved by the Board of Management at its second meeting held on March 19, 1987 and approved by the Visitor, vide MHRD letter No. F.5-22/87.U.I. (Desk) dated June 8,1987.]

(2)

All the members of the Finance Committee, other than the Vice-Chancellor, shall hold office for a term of three years from the dates on which they become members of the Committee.

(3)

Four members of the Finance Committee shall form a quorum for a meeting of the Committee.

(4)

The Finance Committee shall meet at least thrice a year to examine the accounts and scrutinize the expenditure.

(5)

All proposals relating to revision of grade, upgradation of the scales and those items which are not included in the budget, shall be examined by the Finance Committee before they are considered by the Board of Management.

(6)

The annual accounts and the financial estimates of the University prepared by the Finance Officer shall be laid before the Finance Committee for consideration and comments, and thereafter submitted to the Board of Management within the overall ceiling fixed by the Committee.

(7)

The Finance Committee shall fix the limits for the total recurring and non-recurring expenditure for the year, based on income and resources of the University, and no expenditure shall be incurred by the University in excess of the limits so fixed.