Amendment status not verified — confirm the current text below against the official source.
(1) After completion of audit of accounts of any Co-operative society, the audit officer shall submit his report to the Director of Co-operative Audit, to the Registrar of Co-operative societies and to the Co-operative society together with the audited statement of accounts within the period of thirty days from the date of completion of audit specified in sub-section (2) of section 97. The audit report shall be prepared and submitted in such manner and with such information as may be prescribed. (2) A Co-operative society shall rectify the defects pointed out in the audit report and submit to the Director of Co-operative Audit a report of compliance within forty- five days from the date of receipt of the audit report. The Co-operative society shall acknowledge the receipt of the audit report as soon as the same is delivered to it. PART III] THE KOLKATA GAZETTE, EXTRAORDINARY, MAY 25, 2010 61 Inspection by Registrar or financing bank or apex Co-operative society or Central Co-operative society. inquiry by Registrar, The West Bengal Co-operative Societies Act, 2006. (Chapter KT-Audit, inspection and inquiry.—Sections 99, 100.) (3) Where the Director of Co-operative Audit is of opinion that the defects pointed out in the audit report have not been fully rectified by the Co-operative society, he may direct the Co-operative society to rectify the defects still persisting in the accounts and to submit a further report of compliance with explanations within forty-five days from the date of receipt of such direction, and the Co-operative society shall rectify such defects and submit a further report of compliance accordingly.