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Matoshri Education Society's

Matoshri College of Engineering & Research Centre, Eklahare, Nashik

An Autonomous Institute

Approved by All India Council for Technical Education, New Delhi Affiliated to Savitribai Phule Pune University, College Code:5177

Finance Committee

The Finance Committee serves as an advisory team, which would offer suggestions to the Governing Body to use the funds with discretion.

Roles and Responsibilities
  • To plan and conduct all examinations in a fair, transparent and systematic manner as per the Examinations Calendar prepared at the beginning of every academic year.
  • To confirm that the examination procedures are in accordance with the guidelines of the Examination Manual which has been approved by Calicut University and is in conformity with the UGC guidelines from time to time.
  • To maintain a grievance redressal mechanism as a support to the students to deal with examination-related grievances.
  • To ensure efficient and effective functioning of its office for the benefit of the entire student community.
The Composition of Finance Committee:
  1. The Principal (Chairman).
  2. One person to be nominated by the Governing Body of the college for a period of two years.
  3. Finance Officer of the affiliating University
  4. One senior-most teacher of the college to be nominated in rotation by the principal for two years.
Frequency of Meetings:

Frequency of Meetings: Twice a year

Finance committee should meet at least twice in a financial year. The meetings can be organized in the month of April and September of every year. The meeting in the month of April shall be the budget meeting for autonomy grant and in September it will be another budget meeting for autonomous fund created by the college through examination and other relevant fees.

Functions of the Finance Committee:

The Finance Committee shall act as an advisory body to the Governing Body, to consider:

  1. Budget estimates relating to the grant received/receivable from UGC, and income from fees, etc. collected for the activities to undertake the scheme of autonomy; and
  2. Audited accounts for the above.
Finance Committee for AY 2024-25 to 2026-27:
# Name Designation Mobile No. Email Photo