- To manage and administer the revenues and properties of the University and to conduct all administrative affairs of the University not otherwise specifically provided for.
- To create teaching and academic posts, to determine number, qualifications and cadres thereof as approved by the University Grants Commission and the emoluments of such posts in consultation with the Finance Committee.
- To appoint such Professors, Associate Professors, (Readers,) Asstt. Professors (Lecturers) and other academic staff as may be necessary on the recommendation of the Selection Committee.
- To lay down the duties and conditions of service of the Professors, Associate Professors, Asstt. Professors and other academic staff maintained by the University, in consultation with the Academic council.
- To provide for appointment of Visiting Fellows and Visiting Professors.
- To create administrative, ministerial and other necessary posts in terms of the cadres laid down or otherwise and to make appointment thereof in consultation with the Finance Committee.
- To grant leave of absence to the Vice-Chancellor or any other officer of the University and to make necessary arrangements for carrying on the functions of the officers proceeding on leave during their absence.
- To regulate and enforce discipline among the employees of the University and to take appropriate disciplinary action, wherever necessary.
- To manage and regulate the finance, accounts, investments, property and all other administrative affairs of the University and for that purpose to appoint such agent or agents as it may deem fit.
- To entertain and adjudicate upon and, if thought fit, to redress any grievances of the employees and students of the University.
- To select an emblem and to have a common seal for the University and to provide for the custody and use of such seal.
- To institute fellowships, including Travelling fellowships, Scholarships, Studentships, Medals and Prizes in accordance with the bye-laws to be framed for the purpose.
- To prescribe and receive fees and other charges.
- To appoint such committees for such purpose and with such powers as the Board of Management may think fit and to co-opt such persons on these committees as it thinks fit.
- To appoint Auditors for the ensuing year.
- To open account or accounts of the University with any one or more scheduled banks and to lay-down the procedure for operating the same.
- To manage the Finances, accounts, moveable properties, business and all other administrative affairs of the University.
- To issue appeals for funds for carrying out the objectives of the University and consistent with the provisions of the objectives clause of the University, to receive grants, donations, contributions, gifts, prizes, scholarships, fees, and other moneys, to give grants and donations, to award prizes, scholarships etc
- To purchase, hire, take on lease or accept as gift or otherwise any land or buildings or works which may be necessary or convenient for the purpose of the University, and, on such terms and conditions as it may deem fit and proper and to construct or alter and maintain any such buildings or works, in consultation with the holding trustees.
- To purchase, take on hire or borrow or accept as gift such furniture, equipments, machinery, books and periodicals and all such other articles and materials which may be necessary or convenient for the purpose of the University and, on such terms and conditions as it may deem fit and proper.
- To pay rent, maintenance, service and all such other charges as may be prescribed by the Sponsoring Society for the use and occupation of lands, buildings and all other infrastructure facilities as may be made available to the University by the Sponsoring Society.
- To draw and accept and make and endorse discount and negotiate Government of India’s and other promissory notes, bills of exchange, cheques or other negotiable instruments.
- To transfer with the permission the Joint Charity Commissioner, Maharashtra State or accept transfers of any moveable and immoveable property on behalf of the University.
- To advise the Holding Trustees (if any) / Sponsoring Society on maters regarding acquisition, management and disposal of any immovable property on behalf of the University.
- To provide building or buildings, premises, furniture, fittings, equipment, appliances and other facilities required for carrying on the work of the University.
- To execute in consultation with the Holding Trustees (if any) / Sponsoring Society conveyance, transfer, Government Securities, re-conveyances, mortgages, leases, bonds, licenses and agreements in respect of property, moveable or immovable belonging to the University or to be acquired for the purposes of the University.
- To appoint, in order to execute an instrument or transact any business of the University, any person as attorney of the University with such powers as it may deem fit.
- In consultation with the Holding Trustees (if any) / Sponsoring Society, to raise and borrow money on bonds, mortgages, promissory notes or other obligations or securities founded or based on any of the properties and assets of the University or without any securities and upon such terms and conditions as it may think fit and to pay out of the funds of the University, all expenses, incidental to the raising of money and to repay and redeem any money borrowed.
- To invest the funds of the University or money entrusted to the University in or upon such securities and in such manner as it may deem fit and from time to time transpose any investment in consultation with the holding trustees.
a) To maintain a fund to which shall be credited:
All moneys provided by the Central or State Governments / University Grants Commission.
(b) fees and other charges received by the University
(c)All moneys received by the University as grants, gifts, donations, benefactions, bequest or transfers and
(d) All moneys received by the University in any other manner or from any other source.
- To deposit all moneys credited to the fund in scheduled banks or to invest them in consultation with the Finance Committee.
- To maintain proper accounts and other relevant records and prepare Annual Statements of Accounts including the Balance-sheet for every previous financial year, in such form as may be prescribed by the Regulations / Bye-laws.
- To constitute, for the benefit of the teaching, academic, technical, administrative and other staff, in such manner and subject to such conditions as may be prescribed by the Bye-laws such pension, insurance, provident fund and gratuity as it may deem fit for the benefit of the employees of the University and to aid in the establishment and support of Association, Institutions, Funds, Trusts, and conveyances calculated to benefit the staff and the students of the University.
- To delegate, all or any of its pow ers to any committee or sub-committee constituted by it or the Vice-Chancellor of the University or any other person.
- To establish, on the advice of the Academic Council, Divisions and Departments for the academic work and functions of the University and to allocate areas of Study, Teaching and Research to them.
- To conduct examinations or tests for admission to the course taught in the University, to conduct examinations for Degrees and diplomas and to declare the results of such examinations and tests and to confer, grant or award Degrees, Diplomas, Certificates and other academic titles and distinctions.
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