Chartered Accountant- Working Profession
198 Points
Posted on 27 January 2014
According to Section 17 (1) of the Co-operative Societies Act 1912,
The Registrar shall audit or cause to be audited by some person authorised by him by general or special order in writing in this behalf the accounts of every registered society once at least in every year.
So, there is an option. The Registrar can audit the accounts or authorise in writing another person to do the same.