Members of the Governing Body of the Autonomous College
| Sr. No. | Name of the Members | Category |
| 1. | Dr. Sujata A. Naik – Chairperson of Tolani Education Society | Management – Chairperson |
| 2. | Dr. Govind S. Shahani – Secretary of Tolani Education Society | Management – Member |
| 3. | Mr. Adhiraj Harish – Member of Tolani Education Society | Management – Member |
| 4. | Mr. Prashant Hingorani – Member of Tolani Education Society | Management – Member |
| 5. | Dr. Vasudev Iyer – Head of the Department, Business Economics & Vice Principal, Degree College, Tolani College of Commerce | Teacher of the College – Member |
| 6. | Dr. Sadhana Venkatesh – Co-ordinator, Degree College, Tolani College of Commerce | Teacher of the College – Member |
| 7. | Dr. Usha Mukundan – Retired Principal and Director of Ramniranjan Jhunjhunwala College of Arts, Science & Commerce (Autonomous) | Educationist – Member |
| 8. | Dr. Yamini Karmarkar – International Institute of Professional Studies, Devi Ahilya Vishwavidyalaya, Indore, Madhya Pradesh | UGC Nominee |
| 9. | Dr. Sonali Rode – Joint Director of Higher Education, Mumbai Region | State Government Nominee |
| 10. | Dr. Maheshchandra Prabhakar Joshi – Principal, Chetana’s Hazarimal Somani College of Commerce and Smt. Kusumtai Chaudhari College of Arts | University of Mumbai Nominee |
| 11. | Dr. Vijaya Krishna – Principal, Tolani College of Commerce | Ex-Officio |