Section 42 in The Indira Gandhi Krishi Vishwavidyalaya (C.G.) Adhiniyam, 1987
42. Accounts and Audit.
(1)The annual accounts of the University shall be prepared by the Comptroller under the direction oi the Vice-Chancellor and all moneys accruing to or received by the University from whatever source and all amounts disbursed or paid shall be entered in the accounts.(2)The annual accounts shall be submitted to the Board. The Board shall at its meeting consider the same and pass a resolution and communicate the same to the State Government which shall cause an audit to be carried out by such person as it may direct.(3)The accounts when audited shall be printed and copies thereof shall together with the copies of the Audit Report be submitted by the Vice-Chancellor to the Board which shall forward them to the State Government with such comments as may be deemed necessary. The Audit Report with comments of the Board shall be placed before the State Legislature.
