(The under mentioned rules and procedures are as per the guidelines laid down in the constitution and clearly spell out the general idea expressed there.)

 

1.  The Students' senate shall have a five member standing committee known as 

     the Finance Committee (henceforth referred as FC), whose function will be to

     oversee the effective expenditure of the Gymkhana funds.

2.  All members of the FC will be senators and one of them will be elected as Convener 

     of the FC by the Senate.

3.  The FC will function as a team, but for administrative convenience the responsibility

      will be distributed as follows:

             Convener FC accounts relating to President's fund

                                 Member                1                Cultural Council

                                Member                 2                Games Council

                                Member                 3                 SFS

                                Member                 4                Science and Technology

4.  Every FC Member will be an ex-officio member of the Council he is attached to.

5.  All remittances towards advertisements/sponsorships will be received at the 

     DOSA Office. The parties for whom the advertisement appear must be informed

     to remit the amount by cheque / draft  drawn in favor of "Students' Gymkhana, 

     IIT Kanpur".

6.  a)  Sale of tickets for professional  programmes must be made only through 

           proper authorized, numbered and preferably printed ticket booklets with 

          at least 3 counterfoils, one to be handed over at the entry gate, one kept at the

          sale counter and one to be kept by the ticket holder. Each of these ticket 

          booklets should be recorded by the Gymkhana Office (DOSA Office) before 

          issue for sale, and accounted for within a fortnight of the programme (i.e. all

          counterfoils and unsold tickets should be accounted for). All counter foils and 

          unsold tickets are to be submitted at the DOSA Office. The amounts collected

          by such a sale should be accounted for in the normal way.

     b)  The complimentary passes should be of a different color and must have "NOT

           FOR SALE" and "COMPLIMENTARY PASS" printed on them. These passes must

          be numbered, stamped at the DOSA Office and must have 3 counterfoils (exactly

          as the ticket booklets) and must be accounted for through the DOSA  Office. The

          passes must be restricted to the minimum possible. An account must be

          maintained of the recipients of passes.

     c)  Articles like T-Shirts etc. must be sold only through the mess bill or through

          receipts accountable to the DOSA Office.

     d)  Proper contracts must be drawn with the artists or external parties concerned,

          prior to any programme.

7.   The membership fee for any club shall be received against a printed receipt 

      only on which the club for which it is collected should be clearly mentioned. The

      receipt books shall be issued out by the Gymkhana Office and the executive

      responsible for the collection of membership fee shall submit the account in the

     Gymkhana office. Money collected may be used for the expenses of the club concerned.

     However, the amount collected must be informed to the FC regularly.

8.   Money received from any other source excepting the membership fee of clubs

      shall not normally be used for expenses directly. All such money must be deposited

      with the DOSA Office. In exceptional circumstances the money may be spent

      directly if permitted in writing by the Chief Counsellor.

9.   In the budgets presented by the councils, separate heads are to be made for 

      refreshments, Inter IIT Meet, Cultural Festival, maintenence and estimated 

      miscellaneous expenses in addition to those for Games/ Sports/ Clubs/ Cultural

      Science and Technology Sub-units and other activities.

10.  Estimated income from all sources should be shown on the budget.

11.  The executives must submit proper accounts for any expenditure made as early 

        as possible after the amount has been spent and always earlier than a request for

        a fresh advance, subject to conditions laid down in the constitution.

12.  As far as possible, payments shall be made by cheques by the DOSA Office,

13.  Although payments will normally be made if a bill is verified by the executive

       concerned, the same will not be accepted as a valid and proper expenditure

       until it has been examined by the FC and approved/accepted.

 14.  While submitting bills/ vouchers, it is the duty of the executive to specify (on

        the reverse side of the bill/ voucher) the budget head to which it is to be assigned.

15.  Excepting conveyance, there should be a receipt from the recipient of each and 

       every expenditure, conveyance, and TA bills should be submitted only on proper 

       forms available for the purpose (at the DOSA Office). Incase of a train journey 

       money receipts should be attached.

16.  In all cases of Gymkhana work, the most economical mode of transport is to be

       used (eg. Institute bus for local trips, bus/ mini-buses in other cities). If this is not 

       done, the executive concerned should offer sufficient justification for the same.

17.  Trips to other cities on Gymkhana expenses, prior information is to be given 

       to the FC.

18.  In all cases of a person going to another city on Gymkhana expenses, prior

       information is to be given to the FC.

19.  DA will be paid to persons going out of station on Gymkhana work at the rate

        of Rs.35/- per day.

20.  No DA will be paid if boarding is provided for the destination station.

21.  a)  A maximum commission of 25% of the value received may be paid to 

             the individual responsible for procuring any advertisement for the Gymkhana.

            The elected executives will not be eligible to receive their commission.

        b)  Commissions must be given during the semester and and before the 

              handing over of charge. The list of recipients displayed on Notice Boards.

22.   Expenses on cash purchases are to be made out of an advance drawn. 

        Such purchases must have the prior approval of the concerned authorities.

23.   The expenses on refreshments and missed meals shall be minimized as far

         as possible. The upper limit on this item shall be as follows:

                A:        Presidential fund                Rs. 600/-

                B:        Cultural Council

                             i) Festival                              Rs. 7000/-

                             ii)Others                                Rs. 500/-

                C:        Games Council                     Nil

                D:        SFS                                           Rs. 1000/-

24.   For the Cultural festival, the Cultural Secretary will be given a predetermined 

        number of refreshments coupons of a fixed value. Additional coupons/ claims

        will not normally be entertained.

25.  When visiting dignitaries are to be entertained the expenditure on "hospitality"

        may be commensurate with the needs of protocol, but only one or at most 

        two (under exceptional circumstances) persons of the concerned councils may

        accompany the dignitaries.

26.  Refreshments will normally imply tea, but should in no case exceed one 

       drink (like cold coffee or nimbupani) per person.

27.  Refreshments are generally to be discouraged for committee/ council meetings,

        but tea may be served at the discretion of the person chairing the meeting, 

        specially if the meeting exceeds a certain length of time.

28.  Expenditure on refreshments will generally be allowed only to persons involved

       in doing strenuous/ physical work for their council. In this  category will be people

       like;

                a)  Audio and stage crew after a full fledged cultural council programme.

                b)  Games teams when matches are played with invited visiting teams. 

                     In such cases,

                                i)    the invited teams

                                ii)   the players of the home team

                                iii)  the persons involved in organizing the game will be eligible for                

                                                refreshments.

29.  Missed meal allowance will be given only as an exceptional measure when a

       person misses a meal due to unavoidable circumstances while doing Gymkhana

       work. The maximum allowance will be commensurate with the DA and allowance

       permitted (ie. Rs. 11/- for lunch/dinner Rs. 8/- for breakfast and Rs. 5/- for tea).

30.  Under certain exceptional circumstances the persons involved in the 

        organisation of a major programme, may be rewarded in kind (ie. a small 

        celebration party). For this prior permission of the FC is required.

31.   If the bills are in language other than English/ Hindi( i.e. Urdu), an English/ Hindi

        translation of the same should be attached with the original.

32.  A stock register is to be maintained for each council. It is to be regularly

       checked, updated and officially handed  over to the succeeding executives 

       by the present executives (all permanent/ semi-permanent items should be 

       noted. If transferred to other clubs should be noted in respective register).

33.  When/ if objectionable procedures/ expenses are detected by the FC, they 

        are to seek explanation, if any is forthcoming, from the executive concerned.

34.  A written list of the objections is to be given to the concerned executive, and

        a copy of it is to left with the dealing assistant at the DOSA Office.

35.  If the explanation given by the concerned executives is deemed unsatisfactory,

        the Counsellor of the committee is to be informed about the matter through 

        the Convener of the Students' Senate.

36.  If the objections are based upon the violation of established norms and 

       procedures and the amount involved exceeds Rs. 500/- then the stoppage of 

       further funds may be recommended to the Counsellor concerned by the FC 

       via the convener.

37.  If the objections are due to some technicality, the stoppage of funds is not 

        to be requested for, but the lapse must be rectified at the earliest.

38.  For persistent disregard and violations of established norms and procedures

        by an executive while in the office, severe and strict action will be taken by 

        the senate. This will be commensurate with the amount of money involved and

        the seriousness of the charge. The action taken may include:

        a.    The introduction to a 'No-Confidence' or 'Censure' motion by the convener

              on the recommendation of the FC. In this case no counter motion can be 

              initiated against the Convener for introducing matter.

        b.    Information regarding the incident being publically displayed and forwarded

               to parents/ guardians and/ or being recorded in his personal life.

        c.    Monetary fine upto the amount involved as recommended by the FC.

        d.    Stoppage of Gymkhana clearance from final clearance slip till the matter is

               cleared up.

        e.    Stoppage of provisional and/ or final degree till matter is cleared up.

        f.     Initiation of legal proceeding against him.

39.  Any objections regarding TA/DA expenditure from non-students during 

       Gymkhana work (eg. PTI's) is to be informed to the counsellor of the concerned 

        council for necessary action.

40.  The FC will submit regular reports (at least once every 3 months) on the status of

       Gymkhana finances at the moment.

41.  The FC may also recommend adhoc financial measures consistent with the

        existing framework, which will require a simple majority for sanction and will

       be presented for approval as "resolutions".