Amendment status not verified — confirm the current text below against the official source.
(1) The Trustee Committee shall keep and maintain books of accounts and other books in such form and in such manner as may be prescribed. (2) The accounts of the Trustee Committee shall be audited annually by a Chartered Accountant appointed by it. (3) The Accounts of the Trustee Committee as audited by the Chartered Accountant together with his audit report, shall be forwarded to the Bar Council by the Trustee Committee and Bar Council may issue such directions, as it deems fit, to the Trustee Committee in respect thereof. Borrowing and investment. Accounts and Audit. (4) The Trustee Committee shall comply with the directions issued by the Bar Council under sub-section (3); (5) The Trustee Committee shall pay from the Fund the charges for the audit.