Audit of cooperative society


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Querist : Anonymous

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Querist : Anonymous (Querist)
01 December 2014 Hi all!
1. As per the new bye-laws the same statutory auditor shall not be appointed for more than three consecutive years. Now this bye law has been adopted as per the 97th constitutional amendment and Maharashtra Co-op Societies Amendment (Ordinance 2013). Now the question is whether this period of 3 consecutive years is to be considered from financial year 2013-14 or RETROSPECTIVELY?
Please help

01 December 2014 It is to be reckoned PROSPECTIVELY.

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 December 2014 Thanks Amol Sir!
Also there is some provision in the bye law for submission of certain returns online namely:
1. Annual report of societies activities
2. Plans for surplus disposal as approved by the general body of the society
3. Declaration regarding date of holding of its general body meeting and conduct of elections when due
Can you guide regarding the procedure for filing these returns and if any format of these returns are available anywhere?

01 December 2014 No I am not aware of any format. Let me ask some body and then let you know


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