The controversial tenure of Dinesh Singh as DU VC comes to an end in October this year.
"The university has nominated K Kasturirangan, former ISRO chairman and former CAG Vinod Rai, CAG as members of the committee," Abha Dev Habib, an EC member said.
A notification regarding the constitution of the search-cum-selection panel would be issued by HRD Ministry.
The ministry had issued a show-cause notice to Singh on March 17 seeking his reply on the FYUP issue, opening of B.Tech courses without clearance from AICTE and allegations of diversion of funds to the tune of Rs 172 crore meant for OBC students to buy laptops.
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In his reply, Singh has said that necessary sanctions were obtained from all statutory bodies for the introduction of FYUP.
He also stated that there was no communication regarding the new programme from UGC or HRD Ministry till the new government entered office.