Section 62: Nature of audit

The Himachal Pradesh Cooperative Societies Act, 1968State Act of Himachal Pradesh · Act 3 of 1969

(1) The audit under section 61 shall include,-

(a) a verification of the cash balance, securities and stocks;

(b) a verification of the balance at the credit of the depositors and creditors and of the amounts due from the debtors of the society;

(d) a valuation of the assets and liabilities of the society;

(e) an examination of the transactions including the monetary transactions of the society;

(f) an examination of the statement of accounts to be prepared by the managing committee in such form as may be prescribed;

(g) a certificate of the profits realised; and

(h) any other matter that may be prescribed.

(2) The statement of accounts thus audited, together with the modifications, if any, made therein by 1 [auditor] shall be final and binding on the co-operative society.

Where this provision sits

Act	The Himachal Pradesh Cooperative Societies Act, 1968
Section	62
Marginal note	Nature of audit
Jurisdiction	State of Himachal Pradesh
Status	In force as published by the source

Find the provision, not just read it

The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:

Search 49,000+ Central and State enactments by what a provision says, not by its number
Jump from any section to every judgment that has applied it
Search 300 million+ Indian court records alongside the statute
Ask a research agent to find and read the case law on a provision for you

Free account. No card. About a minute to create.

Create a free account

Need this as data, not as a page? The Himachal Pradesh Cooperative Societies Act, 1968 is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.