Amendment status not verified — confirm the current text below against the official source.
n lhe Pr nc pal Ac1, ior secllon 5 and the enlrles re a! ng therelo, the Io low ng shall be subsl tlted, narnely:' "(1) All Assocatioh shall mainlan proper iecord of their accounl inclLrcling income and exp€ndllure acco!nl and the balance sheet and the account shall be audiied by a recognized or a registered Charlered Accounlani or such authorily as may be assigned/ aulhorized by the Annual General Body meet ng to be s gned by aileast 3llhree) members of the General Body befole submsson ol the annuai audlt reporl to the Reglsterlng Althorlty. proper record of ihelr activil es submii annUaL report ol activilies (2) All Associaton sha malntaln during the preceding yeal and shall by 31"' March ol each Year. (3) A I Assoclat on shalL mainlain a record 01 lheil accouni and ;hall sLrbmil the balance sheel ceniJied copy oi bank passbook or staternenl ol account frorn the concerned bank a ong wllh the annlal audll repod by 31'r March ol each year. (4) ln lhe €'/enl oi fa lure to sLlbmit any oi the documenis menlioned undel slb sectons (2) and (3) within the ToLh day oi the iollou/lng month, the regislraiion ol lhe associal on shall be liable to be suspended 0r cancelled. H0wever order 0f cancel allon or (:fil suspension could be revoked on payment oi iine ol an amo!ni equivalent to the rate oi registration subjs,.t to the showing oi sufficient cause to the saiisfaclion oi the Registering Authorily." Am€ndment oi