law: University Grants Commission Act 1956
  18.
  
  Annual Report.
  The
  
  Commission shall prepare once every year, in such form and at such time as may
  
  be prescribed, an annual report giving a true and full account of its
  
  activities during the previous year, and copies thereof shall be forwarded to
  
  the Central Government and the Government shall cause the same to be laid
  
  before both Houses of Parliament.