Amendment status not verified — confirm the current text below against the official source.
In the Principal Act, in section 55, after Sub- Section Section 55 as Sub-section shall be inserted, namely:- Su-Section (4) (5) "The Registrar shall ensure conduct of audit and certification of the account of the SCB by Chartered Accountants. The panel of auditors shall be prepared by the Registrar in prior consultant with the NABARD. (5)- The Registrar shall ensure conduct of special audit of SCB if requested by the RBI in the manner and fonn sptipulated by the RBI and also f b k h thereport to RBI within the time stipulated."