The APJ Abdul Kalam Technological University is staring at a deep financial crisis, with a meeting of its Finance Committee convened to approve the annual budget being adjourned due to lack of quorum on Wednesday.
The meeting, called by Vice-Chancellor in-charge M. Sivaprasad, was crucial for the passage of the budget. However, out of the 14-member committee that comprises university officials, elected members from the Syndicate and the Board of Governors (BoG), and representatives from the Finance and Higher Education departments, only four members were present. These included the Vice-Chancellor, Registrar, Finance Officer, and a BoG member.
