Section 54(4) in The Maharaja Krishnakumarsinhji Bhavnagar University Act, 1978
(4)The annual accounts and the financial estimates shall be considered by the Court at its annual meeting and the Court may pass resolutions with reference thereto and communicate the same to the Executive Council which shall take them into consideration and take such action thereon as it thinks fit and finally adopt the accounts and financial estimates. The Executive Council shall inform the Court at its next meeting of the action taken by it or if no action is taken of its reasons for taking no action.
