Finance Committee

Finance committee meeting is conducted to discuss the budget requirement.
Requirement of equipment and consumables is collected and consolidated from each department at the end of the even semester.
Consolidating the budget requirement for submission to the management for approval.
Communicating the budget allocated by the management to the departments.
Ensuring the completion of purchase and entered into the stock register.

Preparing annual operating Budget.
The Finance Committee will regulate revenue generation from various sources like fees and funds from various organizations.
To formulate a financial plan for the institution’s ongoing day-to-day operations.
Setting financial goals and strategies to achieve them.
Generating reports on audited financial statements.
To prepare a guideline and process for procurements of materials, equipment and other items for the Institution.
To regulate the purchases of various Departments and to ensure the procurement of required items as per schedule.
To call for tender/quotations and scrutinize, items of purchase.
Ensuring that its expenses remain within the budget allocated.
To plan proper utilization of resources and fund management.
To prepare the audit statement at the end of the financial year.

S. No.	Name	Designation	Position
1	Dr. R. Ganesan	Principal	Chairman of the Committee
2	Dr. G. Ra. Gokul	Managing Trustee & Chairman	Co-opted Member
3	Dr. N. Rengarajan	Executive Director	Nominee of the Governing Body
4	Mr. G. Kannan	Manager, Meenakshi Ammal Trust	Co-opted Member
5	Mr. C. Vijayakumar	Chartered Accountant	Co-opted Member

Functions of the Committee