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Section 58: Audit report

The Assam Co-operative Societies Act, 1949State Act of Assam · Act 1 of 1950

The audit officer shall, within a week from the date completion of audit, submit to the registered society, and to the Registrar, together t including a statement brought into have with the statement of accounts audited, an audit report of—

(i) every transaction which appears to him to be the rules or bye-laws ;

(ii) every sum which ought to have been but has account;

(iii) the amount of deficiency or loss which appears to have any negligence or misconduct or to require further investigation;

(iv) any money or property belonging to the society which appears to been misappropriated or fraudulently retained by auy person ;

(v) any of the assets which appears to him to be bad or doubtful;

(vi) any irregularity in maintaining account; and

(vii) any other relevant matter.

Where this provision sits

ActThe Assam Co-operative Societies Act, 1949
Section58
Marginal noteAudit report
JurisdictionState of Assam
StatusIn force as published by the source

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