Account and audit
Section 53 of the Arka University Act, 2012 deals with account and audit. The annual accounts and balance sheet of the University shall be prepared under the direction of the Board of Management and all funds accruing to or received by the University from all source and all amount disbursed or paid shall be entered in the account maintained by the University.
(1) The annual accounts and balance sheet of the University shall be prepared under the direction of the Board of Management and all funds accruing to or received by the University from all source and all amount disbursed or paid shall be entered in the account maintained by the University.
(2) The annual accounts of the University shall be audited by an auditor, who is a member of the Institute of Charted Accountants of India, every year.
(3) A copy of the annual accounts and the balance sheet together with the audit report shall be submitted to the Board of Governors before 30th November following close of the financial year in 31 March of each year.
(4) The annual accounts, the balance sheet and the audit report shall be considered by the Board of Governors at its meeting and the Board of Governors shall forward the same to the visitor and the Government along with its observation thereon on or before 31st December of each year.
Section 53, The Arka University Act, 2012 (Act 44 of 2013).
Questions about Section 53
What does Section 53 of the Arka University Act deal with?
Section 53 of the Arka University Act is headed "Account and audit". The annual accounts and balance sheet of the University shall be prepared under the direction of the Board of Management and all funds accruing to or received by the University from all source and all amount disbursed or paid shall be entered in the account maintained by the University.
How do I find court cases under Section 53 of the Arka University Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Arka University Act 2012 53, section 53 Arka University Act 2012, section 53 of the Arka University Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
When was the Arka University Act enacted?
Arka University Act was enacted in 2013 as Act 44 of 2013. India Code records no commencement date for it. It is in force as at the date shown on this page.
Other sections of this Act
- 7. Objects of the University642 words
- 2. Definitions607 words
- 8. Powers of the University550 words
- 16. The Vice-Chancellor483 words
- 23. The Board of Governors and its powers459 words
- 4. Establishment of the University409 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Read from the Government's own scanned gazette with Azure Document Intelligence, then split into sections by their numbering. India Code publishes no text for this Act. The scan itself is mirrored into our own storage and served at /scan/71ba28ff-8f30-46ac-be85-ad8cb18ae0b0.pdf, so the reading here can be checked against the page it came from without depending on India Code's own copy staying where it is (it was at https://indiacode.gov.in/server/api/core/bitstreams/c405fe1f-55f3-4549-9e26-9b1b8ac525ae/content). This page is not a substitute for legal advice.