77B. [ Financial Control Or State Government. [Inserted by Maharashtra 11 of 1978, S. 4.]
- Without the prior approval of the State Government or an officer authorised by it in this behalf, the University shall not"(a)create any new posts of Officers, Teachers or other employees;(b)revise the pay, allowances, post-retirement benefits and other benefits of its Officers, Teachers and other employees;(c)grant any special pay, allowance or other extra remuneration of any, description whatsoever, including ex-gratia payment or other benefits having financial implications, to any of its Officers, Teachers or other employees;(d)divert any earmarked funds for any other purposes;(e)incur any expenditure on any development work.]
