Audited report of a society
This query is : Resolved
18 April 2019
Hello,
We all know audited financial statements of registered companies are public documents. Can the same be said about Audited Financial statements of societies registered under Societies Registration Act ? Is their any legal provision that explicitly or implicitly prohibit a member of the society from further distribution of the audited financial statements in a public forum?
We all know audited financial statements of registered companies are public documents. Can the same be said about Audited Financial statements of societies registered under Societies Registration Act ? Is their any legal provision that explicitly or implicitly prohibit a member of the society from further distribution of the audited financial statements in a public forum?
Amol S Joglekar
(Expert)
19 April 2019
The member may distribute the financials of his society to non members at his cost
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