Section 35 in The M.P. Makhanlal Chaturvedi Rashtriya Patrakarita Vishwavidyalaya Sansthan Adhiniyam, 1990
35. Annual Accounts and Audit.
(1)The Annual Accounts of the Sansthan shall be prepared under the direction of the General Council.(2)The accounts of the Sansthan shall be audited by the auditors, appointed by the General Council.(3)The State Government/the Union Government shall have the power to direct audit of the grants given by it for a specific purpose to the Sansthan.(4)The accounts when audited shall be published by the General Council and a copy of the accounts together with the audit report shall be placed before the General Council and also shall be submitted to the State Government.(5)The annual accounts shall be considered and passed by the General Council at its annual meeting.
