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of <h1>Auditor Eligibility: Must be Chartered Accountant; Disqualifications Include Indebtedness, Employment with Society, or Corporate Status.</h1> A person is qualified to be appointed as an auditor for a multi-State co-operative society only if they are a chartered accountant as defined by the Chartered Accountants Act, 1949. Disqualifications include being a body corporate, an officer or employee of the society, a member or employee of such individuals, or indebted to the society beyond a specified amount. Additionally, if a person is disqualified from auditing any other similar entity, they are also disqualified here. Auditors who become disqualified after appointment must vacate their position.
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