Amendment status not verified — confirm the current text below against the official source.
Audit and powers of Auditors: (1) The Registrar shall audit or cause to be audited by some person authorized by him/her by general or special order in writing in this behalf, the accounts or every Registered Society and Society under liquidation at least once in every year. (2) The Registrar or the person authorized by him/her in this behalf shall at all reasonable times have free access to the books, accounts, documents, securities, cash and other properties belonging to or in the custody of the society and may summon any person in possession or responsible for the custody of any such books, accounts, documents, securities, cash or other properties to produce the same and furnish such information in regard to the transactions and working of the society at any convenient place or at the Headquarters of the Society or any Branch thereof by the same means and, so far as may be, in the same manner as provided in the Code of Civil Procedure 1908 (v of 1908) 606 (3) In respect of every audit of the accounts, a Registered Society shall pay such Audit Fee as may be prescribed and such fee shall deemed to be outstanding dues from the society. (4) The Registrar may also appoint a Qualified Auditor other than Department Auditor and the remuneration for which shall be fixed by the Registrar. (5) The Registrar may in such Co-operatives which are substantially funded by the Government or Government undertakings or financial institutions in public interest, if found necessary and appropriate may order to direct for the conduct of Internal Audit or ICost Audit or performance Auditor Special Auditor TEST Auditor any other Audit for such Co-operative.