Section 20(5)(g) in The Maharashtra Universities Act, 1994
(g)ensure that the registers of buildings and, equipment and machinery are maintained up-to-date and that the stock taking of equipments and other consumable materials in all offices, [conducted college], [These words were substituted for the wold 'college' by Maharashtra 55 of 2000 section 16(b)(i).] workshops and stores of the university is conducted regularly.