Auditor qualifications require chartered accountant status and bar employment or financial conflicts, causing office vacancy on disqualification. A person appointed auditor of a multi State co operative society must be a chartered accountant; a body corporate, an officer or employee of the society, a person who is a member of or employed by such officers or employees, and a person indebted to the society or who has given guarantees or security for a third person's indebtedness to the society exceeding one thousand rupees are disqualified. A person disqualified for appointment as auditor of other bodies is similarly ineligible, and an auditor who becomes so disqualified after appointment vacates office.