Finance Committee

The constitution of the Finance Committee, the term of office of its members, and its powers and functions shall be such as may be prescribed by the Statutes.-
Composition of the Finance Committee :
(1)The Finance Committee shall consist of the following persons, namely:-
Ex Officio member :-

  • the Vice-Chancellor (Chairperson);
  • the Secretary to Government, Haryana, Finance Department or nominee not below the rank of Joint Secretary;
  • the Secretary to Government, Haryana, Education Department or a nominee not below rank of Director/ Joint Secretary Higher Education;
  • the Secretary to Government, Haryana, Technical Education Department or a nominee not below rank of Director/ Joint Secretary of Technical Education, Haryana.

Other members :-

  • two outside members having expertise in finance to be nominated by the Chancellor on the recommendation of the Vice Chancellor,
  • two Deans of Faculties to be nominated by the Vice-Chancellor.

(2) The Registrar will be the Member-Secretary of the Committee.
(3)Nominated members of the Finance Committee shall hold office for a term of two years.
(4) Three members, out of whom at least one member shall be a government nominee, shall form the quorum.
Functions and Powers of the Finance Committee :

  • The Finance Committee shall examine the accounts and scrutinize the proposals for expenditures and shall submit the annual budget to the Executive Council for approval. No expenditure in the budget shall be incurred by the University without the prior approval of the Finance Committee which shall fix limits for the total recurring and non- recurring expenditure for the year based on the resources and the income of the University. No expenditure shall be incurred by the University in excess of the limits so fixed.
  • It shall examine and recommend to the Executive Council the creation of teaching and other posts.
  • The annual accounts and the official estimates of the university shall be laid before the Finance Committee for its consideration and comments thereon and thereafter submitted to the Executive Council for approval.

List of Existing Members on Finance Committee :

1. Finance Committee and its Constitution :
(1) Ex-officio members :-

  • The Vice Chancellor;      (Chairperson)
  • The Financial Commissioner & Principal Secretary to Govt. Haryana, Finance Department, Chandigarh
  • The Financial Commissioner & Principal Secretary to Govt. Haryana, Education Department, Chandigarh
  • The Financial Commissioner & Principal Secretary to Govt. Haryana, Technical Education Department, Chandigarh

(II) Other Members :-

  • Two outside members having expertise in finance to be nominated by the Chancellor on the recommendation of the Vice-Chancellor;
    • Sr. No. Members Nominated Address Period
    FromTo
    1. Sh. Adish Jain Sector 14, Hisar
    Haryana
    		 12.02.2021 11.02.2023
    2. CA Sanjay Jain Vivek Sanjay & Co.,
    2nd Floor, Metro Tower 1-B,
    Pusa Road, Opp. Metro Piller No. 106
    New Delhi-110005    		 13.03.2020 12.03.2022

  • Two Deans of Faculties to be nominated by the Vice-Chancellor for a term of 2 years;
Sr. No. Members Nominated Email Phone No. Period
FromTo
1. Image description Prof. N.K. Bishnoi,
Dean,
Faculty of Humanities & Social Sciences,
GJUS&T, Hisar		 nkbishnoi123@gmail.com 01662-263181 06.07.2020 05.07.2022 or till Deanship term whichever is earlier
2. Image description Prof. Kishna Ram Bishnoi,
Dean,
Faculty of Religious Studies		 bishnoi.drkishnaram1963 @gmail.com 01662-263159 10.03.2020 09.03.2022 or till Deanship term whichever is earlier

(2) The Registrar      ..Member Secretary