Inspection of accounts: authorised officials may examine and copy cooperative society records, compel production and require assistance. Inspection during business hours of a multi State co operative society's books and papers is authorised for the Central Registrar or authorised officer, ... Summary
Inspection of accounts: authorised officials may examine and copy cooperative society records, compel production and require assistance.
Inspection during business hours of a multi State co operative society's books and papers is authorised for the Central Registrar or authorised officer, specified government officers, and members, and may be without prior notice. Directors, officers and employees must produce documents, supply information and assistance as required. Inspectors may copy documents and mark them. Inspecting Central Registrars or authorised officers have powers analogous to a civil court to compel production, summon and examine persons on oath, and inspect registers, and must report the inspection to the Central Government.
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