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Finance Committee

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In accordance with the provisions in the RV University Act – Chapter IV, Clause (28) and as per Clause (47) the Finance Committee is hereby re-constituted. The Committee is required to formulate, plan, and exercise general supervision over the financial matters of the University.

Composition Of The Finance Committee.

The Composition of the Finance Committee is as follows:

Sl. No. Name Position
1. CA Dr. A. S Vishnu Bharath
Trustee, RSST (Nominee of Trust) 		Chairperson
2. Dr. (h.c.) A.V.S.Murthy
Chancellor, RV University 		Member
3. Shri. D. P. Nagaraj,
Pro-Chancellor, RV University 		Member
4. Prof. Ram Kumar Kakani
Vice-Chancellor(i/c), RV University 		Member
5. Shri. M. K. Dattaraj
Trustee, RSST (Nominee of Trust) 		Member
6. Prof. (Dr.) Sahana D Gowda
Registrar, RV University 		Member
7. Mr. Nikhil A Murthy,
Trustee & Asst. Secretary, RSST – Special Invitee 		Member
8. Mr. Akshay Khandelwal
Manager, Finance & Accounts, RV University 		Member
9. CA. Sowmyashree K
Deputy Finance Officer, RV University 		Member Secretary

Procedures & Functions Of Finance Committee:

  1. Quorum for the meeting shall be three members.
  2. The Committee shall meet THREE time in a year or as often as may be needed.
  3. The agenda and notice of the meeting shall be issued ONE week before the scheduled date and time.
  4. The committee shall formulate ‘Regulations’ on all financial matters related to utilization of the incomes received from permanent statutory endowment funds (Clause(48(4)), formulate policies related to receipt of contributions and donations (Clause(49)), fixation of fees and utilization of fees for recurring (general fund Cl.50) and non-recurring / capital (development fund Cl.51.) expenditure; schemes that would benefit the employees such as medical insurance, EPF, Pension funds and provide information to the auditors appointed by the Board of Governors to prepare annual financial reports.
Tenure:

The tenure of the Finance Committee Members is three years or date of their relinquishing the respective office.

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