Section 45 in The Chhattisgarh Non-Government Colleges and Institutions in Higher Education (Establishment and Regulation) Act, 2006
45. Pass Book.
(1)The principal of the institution, who shall send the pass book to the treasury or sub-treasury in the last week of every month so that the entries may be made therein, shall maintain the pass book of the account of every institution.(2)The pass book shall be sent to the treasury or sub-treasury in the last week of April in every financial year for making entries pertaining to the financial year ending on 31st March. The principal shall tally the balance in the account as on 31st March with the account maintained by him. If any discrepancy is found it shall be removed by reconciliation with the accounts maintained by treasury or sub-treasury.
