Powers of the Executive Board.
The Executive Board shall have the following powers,
namely:-
(i) to constitute Committees for specific or general
purposes;
(ii) to appoint from time to time such number of
teachers, officers and other employees and on such terms
and conditions as it may deem fit for carrying out
management and affairs of the Institute;
(iii) to appoint such number of persons and on such
terms and conditions as it may deem fit for the conduct of
the studies, investigations, research, teaching or other work
undertaken by the Institute;
(iv) to exercise control and discipline over the
employees of the Institute;
(v) to accept on behalf of the Institute endowments,
bequests, donations, grants and transfer of any immovable
property made to it;
(vi) to receive moneys, securities, instruments or any
other movable property for and on behalf of the Institute;
(vii) to grant receipts, sign and execute instruments
and endorse or discount cheques or other negotiable
instruments through its accredited agents;
(viii) to make, sign and execute all such documents
and instruments, as may be necessary or proper for
carrying on the management of the property or affairs of the
Institute;
(ix) to invest moneys and funds of the institute and vary
the investments as and when it may be necessary or proper;
(x) to introduce courses of study at the Institute and
take decisions on the recommendations of the Academic
Council;
(xi) to co-operate and co-ordinate with other
educational and Medical/Dental Institutions and authorities
in India and abroad;
(xii) to grant fellowships and scholarships or other
monetary assistance on such terms and conditions as it
may prescribe to such persons as it may select to carry on
any research, investigation or study;
(xiii) to propose regulation for consideration and
adoption by the Governing Council;
(xiv) to publish or finance publication of studies,
treatises, books, periodicals, reports and other literature and
sell or arrange for the sale of them, as it may deem fit, from
time to time to cause to maintain proper books of accounts
supported by necessary vouchers;
(xv) to arrange for the audit of the accounts of the
Institute annually;
(xvi) to create or abolish posts of teachers of the
Institute;
(xvii) to delegate any of its powers to a Committee or
the Director or to any Officers of the Institute; and
(xviii) to exercise all the powers of the Institute not
otherwise provided for and all powers requisite to give effect
to the provisions of this Act, or the rules made thereunder.