Amendment status not verified — confirm the current text below against the official source.
( 1) Where the Registrar is satisfied that the books and records of a society are likely to be suppressed, tampered with or destroyed, or the funds and property of a society are likely to be misappropriated or misapplied, the Registrar or the person authorized by him may apply to the Executive Magistrate with whose jurisdiction of society is functioning for seizing and taking possession in the records and property of the society. (2) On receipt of an application under sub-section (1 ), the Magistrate may in a warrant authorize any police officer not below the rank of a Sub-Inspector, to enter and search any place where the records and property are kept or likely to be kept and to seize them and handover possession thereof to the Registrar or the person authorized by him as the case may be. 4G[82. Audit of Accounts and returns of the Co-operative Society, - (1) Every Co-operative Society shall be audited by an auditor or auditing firms appointed by the General Body of the Co-operative Society. Provided that, such auditor or auditing firms shall be appointed from a panel approved by the Registrar having required qualification of the auditors and auditing firms. (2) The accounts of every Co-operative Society shall be audited within six months of the closure of the financial year to which the accounts relate. (3) The audit shall include an examination of overdue debts, if any, the verification of the cash balance and securities, and the valuation of the assets and liabilities of Society. (4) The auditor auditing the accounts of the society shall, at all times, have access to all the books, accounts, documents, papers, securities, cash and other properties belonging to, or in the custody of the society, and may summon and person in possession, or responsible for the custody, of any such books, accounts, documents, papers, securities, cash or other properties, to produce the same at any place at the headquarter of the society or any branch thereof. (5) Every person who is, or has at any time been, an officer or employee of the society and every member and the past member of the society shall furnish such information with regard to the transaction and working of the society as the auditor may require. (6) The auditor shall have the right to receive all notes, and every communication relating to the Annual General meeting of the society and to attend such meeting to hear thereat in respect of any part of the business with which he is concerned as auditor. (7) If it appears to the General Body of the Co-operative Society, that if is necessary or expedient to re-audit their accounts, the same may be done with the information of the Registrar. (8) The audit reports of the accounts of the Apex Co-operative Societies shall be laid before the State Legislature as per prescribed procedure of laying of such audit report. (9) Every Co-operative Society shall file returns as mentioned below within six months of the closure of every financial year to the Registrar-