The remuneration payable to an auditor or auditing firm for taking up the auditor for having audited the accounts of a cooperative society of any cooperative year shall be fixed by the general body of that society based on the working capital and turnover and as per guidelines issued by the Government in this regard from time to time.]
1. Rule 29-G interested by Notification No. CO 226 CLM 2014, dated 6-6-2015, w.e.f.6-6-2015
2. Rule 30 substituted by Notification No. CO 14 CLM 2013, dated 10-7-2013, w.e.f.10-7-2013 1[30-A. Remittance of Audit 2[remunearation].- In the event of a Co-operative Society failing to pay the remuneration payable to the Government or an auditor under the provisions of Rule 30, the Director of Co-operative Audit may call upon the bank where the concerned Co-operative Society has maintained its account to remit ht e outstanding amount of remuneration to the Government. On receipt of such demand, the bank shall remit the sum as audit remuneration to the Government or the concerned auditor out of the amount at the credit of society. The bank shall comply with the directions issued by the Director of Cooperative Audit and indicating the particulars of the remittance. Further the same procedure will be followed if any payment of remuneration is due to any Charted Accountant and Charted Accountant’s Firms.]
Chapter VII Settlement of Disputes