POWERS AND FUNCTIONS OF EXECUTIVE COMMITTEE UNDER SECTION-19(4) OF THE IQBAL ACADEMY ORDINANCE
The Executive Committee shall be the Principal Administrative Body of the Iqbal Academy and shall exercise such administrative,executive and financial powers as may be delegated to it by the Governing Body.
The Executive Committee may, in matters of emergency not covered by the rules, reported to it by the Director, which in its opinion require immediate action, take such action as it considers necessary and shall report it to the Governing Body in its next meeting.
The quorum for the meeting of the Executive Committee would be three as approved by the Governing Body in its 22nd meeting.
The Governing Body shall appoint two of its members for the Executive Committee.
The two members nominated for the Executive Committee from the members of the Governing Body shall hold office for the same period in which they are the members of the Governing Body, unless otherwise decided by the Governing Body.
The Executive Committee may co-opt an expert as a non voting member if and when required.
The Executive Committee may request the Finance Secretary to nominate a person to attend the meeting of Executive Committee as and when required.
There shall be at least one meeting in three months. However,the Secretary may call the meeting of the Executive Committee when required.
The Executive Committee shall approve the Budget Estimates/Expenditures of the Academy and present the same to the Governing Body.
The Executive Committee shall scrutinize and approve the annual audit reports of the Chartered Accountant.
The powers and functions of the Executive Committee may be changed from time to time with the approval of the Governing Body.
The Executive Committee will approve the Agenda items to be discussed in the meetings of the Governing Body.
The Executive Committeeshall approve the applicationsfor Life-membership.
The Executive Committeeshall appoint ResearchFellows/ Research Scholarsofthe Academy.
The Executive Committeeshall approve cases for the grant of affiliation to other institutions.
Minutes of the Executive Committeewill be presented to the Governing Body for information.Note:Other details of the Powers of the Executive Committee would be as defined in schedule of Administrative/Financial Powers of Iqbal Academy Rules. Authority 23rd meeting of the Governing Body held on 21st November, 1987.