Lawgist80Inspection of books of indebted multi-State co-operative societies
(1) The Central Registrar shall, on the application of a creditor of a multi-State co-operative society, inspect, or direct some person authorised by him by order in writing in this behalf to inspect, the books of the society:
Provided that no such inspection shall be made unless the applicant--
(a) satisfies the Central Registrar that the debt is a sum then due, and that he has demanded payment thereof and has not received satisfaction within a reasonable time;
(b) deposits with the Central Registrar such sum as security for the costs of the proposed inspection as the Central Registrar may require.
(2) The Central Registrar shall communicate the result of any such inspection to the creditor.
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- 70 Appointment and remuneration of auditors
- 71 Provision as to resolutions for appointing or removing auditors
- 72 Qualifications disqualifications of auditors
- 73 Powers and duties of auditors
- 74 Signature of audit report, etc
- 75 Reading and inspection of auditor’s report
- 76 Right of auditor to attend general meeting
- 77 Power of Central Government to direct special audit in certain cases
- 78 Inquiry by Central Registrar
- 79 Inspection of multi-State co-operative societies
- 80 Inspection of books of indebted multi-State co-operative societies
- 81 Costs of inquiry and inspection
- 82 Recovery of costs
- 83 Repayment, etc
