The Kuladhipati shall constitute a Finance Committee for the Vishwavidyalaya, consisting of the following members, namely : -
- Kulpati
- Registrar of the Vishwavidyalaya
- Finance officer of the Vishwadyalaya
- Secretary in charge of Manpower Planning Department, Government of Madhya Pradesh
or his nominee not below the rank of deputy secretary
- Secretary in charge of Finance Department Government of Madhya Pradesh or his nominee
not below the rank of Deputy secretary.