Amendment status not verified — confirm the current text below against the official source.
Auditor's duty to prepare balance sheet and report irregularities, etc.-(1) It shall be the duty of every auditor auditing the accounts of a society under section 12C to prepare balance- sheet and income and expenditure account and to forward a copy of the same to the Registrar. (2) The auditor shall in his report specify all cases of irregular, illegal or improper expenditure or failure or omission to recover money or other property belonging to the society or of loss or waste of money or other property thereof, and state whether such expenditure, failure, omission, loss or waste was caused in consequence of branch of trust or misapplication or any other misconduct on the part of the governing body or any other person.". [Vide Union Territory of Ladakh Reorganisation (Adaptation of Central Laws) Second Order, 2020, vide Notification No. S.O.3805(E), dated (26-10-2020).] 16 Arunachal Pradesh After section 12, the following sections shall be inserted namely:— “12A. Change of name.—A society registered under this Act may, with the consent of not less than two-thirds of the total number of its members, by a resolution, at a general meeting convened for the purpose and subject to the provisions of section 12B change its name.” “12B. Notice of change of name.—(1) Notice in writing of every change of name, signed by the Secretary and by seven members of the society, shall be sent to the Registrar. (2) If the proposed name is identical with that by which any other existing society has been registered or, in the opinion of the Registrar, so nearly resembles such name as to be likely to deceive the public, the Registrar shall refuse to register the change of name. (3) Save as provided in sub-section (2), the Registrar shall, if he is satisfied that the provisions of this Act in respect of change of name shall have been complied with, register the change of name and the change of name shall have effect from the date such registration.”. “12C.Effect of change of name.—The change in the name of a society registered under this Act shall not effect any right or obligation of the society or render defective any legal proceeding by or against the society and any legal proceeding which might have been continued or commenced by or against it by its former name may be continued or commenced by or against it by its changed name.” [Vide Arunachal Pradesh Act 6 of 1978, s. 2 and the Schedule] Haryana Insertion of section 12C, 12D and 12E in Central Act 21 of 1860.—After section 12B of the principal Act, the following sections shall be inserted, namely:— "12C. Maintenance of accounts and their balancing and auditing.—(1) Every governing body entrusted with the management of the affairs of a society registered under this Act shall keep regular accounts. (2) The accounts shall be kept in such form as may be approved by the Registrar, and shall contain such particulars as may be prescribed. (3) The accounts shall be balanced each year on the 31st day of March or on such other day as may be fixed by the Registrar. (4) The accounts shall be audited annually in such manner as may be prescribed and by a person who is a chartered accountant within the meaning of the Chartered Accountants Act, 1949 (Act 38 of 1949), or by such person as may be authorized in this behalf by the State Government.