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State of Chattisgarh - Section

Section 37 in Chhattisgarh Kamdhenu Vishwavidyalaya Adhiniyam, 2011

37. Annual Accounts and Audit.

(1)The annual accounts prepared by the Finance Officer shall be submitted to such examination and audit as the Government may direct and a copy of the annual accounts and audit report shall be submitted to the Government.
(2)The Vishwavidyalaya shall settle objections raised in the audit and carry out such instructions as may be issued by the Government on the audit report.
(3)The Government shall cause the annual accounts and the audit report to be laid before the Vidhan Sabha together with their comments.
(4)The Finance Officer shall, before such date as prescribed, prepare the annual financial estimates for the ensuing year.
(5)The annual accounts and the annual financial estimates prepared by Finance Officer shall be placed before the Executive Council together with the remarks of the Finance Committee for approval at its annual meeting and the Executive Council may pass resolution with reference thereto and communicate the same to the Comptroller who shall take action in accordance therewith.