(1) The person authorised to cond uct inquiry, as the case may be, under s e give the concerned self-supportin g co-oper the date on which he proposes to cond uct ctions 50, 51 and 53, respectively, shal ative society a notice in writing of an audit, special audit or enquiry,
(2) The person conducting an audit, special audit or inquiry under sub-section (7), may :
(a) require in writing
(i)
(it) the officer concerned to produce such receipts, vouchers, statements, returns, correspondence, notes or any other documents, as he may consider necessary for the purpose of inquiry ;
any employee of the self-supporting co-operative society or other authority accountable for or having the custody or control of such receipts, vouchars, statements, returns, correspondence, notes, or other documents to appear in person ; and
(717) any person having directly or indir~ tly any share or interest in any contract with the self-suppoxtir.g co-operative society to appear in person or through an authorised agent before him and answer any question or sign a declaration with respect thereto.
(b) in the event of an explanation being required from any officer concerned, direct him in writing specifying the points on which his explanation is required to be submitted ; and
(c) exercise such other powers, as may be considered necessary for the purposes of this section.
56. (I)(a) Every self-supporting co-operative society shall within a period of six months from the closure of the financial year, provide to its members, the following information and documents, namely :—
(i) audited annual statement of accounts ;
(i) plan for disposal of profits as approved by the general body ;
(iii) up-to-date list of members, Directors and other office bearers of the self-supporting co-operative society ;
PUNJAB GOVT GAZ. (EXTRA J), NO (KRTK 17, 1932 a) EEO RE par W l .
(iv) amendment if any, made in . ? the bye-] supporting co-operative society ; ye-laws of the self-
(v) dates of holding of general body meetings ;
(vi) date of conducting elections : and In case, the members of a self-supporting co-operative society are not provided the information and documents mentioned under sub-section (1), they shall have the right to seek information by making an application in writing to the Board. On receipt of such an application, the Board shall provide requisite information and documents within a period of fifteen days from the date of the receipt of the application ; and
(b) In case, the Board fails to provide the information and docum ents referred to in clause (a), the members may make an application to the Registrar for seeking such information and documents, who shall on receipt of such application, direct, the self-supporting co-operative society to provide the requisite information and documents. The direction of the Registrar shall be binding on the o-operative society and in case, such society fails he Registrar, the Registrar may it under section 51 or an inquiry self-supporting c to comply with the direction o f t order for conducting a special aud under section 53, as he deems fit.
nformation and documents
(2) The Board shall furnish the following i days from the holding of to the Registrar every year within a period of thirty the annual general meeting, namely :—
(i) annual report of activities of the self-su pporting co-operative society ;
(ii) annual financial statement of accounts as audited ;
a statistical statement indicating the name of the self-supporting ty and core services, offered by such soc iety ber of members as on the last date of
(iii) co-operative socie to its members, total num the financial year ;
(Iv) servi Crvices provi rs a ovid 2 non-members and surplus or deficit of ed to the members and to non-members and surplus 1IC1t of the financi al year ; and v) dis Spos 3 posal of surplus or management of deficit.
(3) The pers ) on conduc inqui 7 nsansble er) for the purpo ting an inquiry, may fix a reasonable period complia se of compliance of the provisions of sub-section (2) , and such nee shall be mandatory on the person required to provide that information.
CHAPTER-VIII Arbitration Council Arburation