(1) The annual accounts including balance sheet of the University shall be prepared by the University and the annual accounts shall be audited at least once in every year by the auditors appointed by the University for this purpose and the balance sheet shall be checked/verified by the auditor appointment by the State Government.
(2) A copy of the annual accounts together with the audit report shall be submitted to the State Government.
(2) A copy of the annual accounts together with the audit report shall be submitted to the State Government.
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Section 1 · Short Title, Extent and CommencementSection 2 · Definitions.Section 3 · Establishment of UniversitySection 4 · Properties of the University and its ApplicationSection 5 · Restrictions and obligations of the University.Section 6 · Objects of the University.Section 7 · University shall open to all irrespective of sex, religion, class, colour, creed, or opinion.Section 8 · Powers and functions of the University.India Code, Government of India. Text fetched 13 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.