Appointment and remuneration of auditors.

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....eof to every auditor so appointed: 1[Provided that such auditors or auditing firm shall be appointed from a panel approved by the Central Registrar: Provided further that in case of multi-State co-operative banks, multi-State credit societies with deposits of above five hundred crore rupees and multi-State non-credit societies with turnover of above five hundred crore rupees, the auditor shall be appointed from a panel of auditors approved for audit of such societies by the Central Registrar.] (3) Every auditor appointed under sub‑section (1) shall, within thirty days of the receipt from the multi‑State co‑operative society of the intimation of his appointment, inform the Central Registrar in writing that he has accepte....

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.... general meeting, remove any such auditor or all or any of such auditors and appoint in his or their places any other person or persons who have been nominated for appointment by any member of the multi‑State co‑operative society and of whose nomination notice has been given to the members of the multi-State co‑operative society not less than fourteen days before the date of the meeting; and (b) if the board fails to exercise its powers under this sub‑section, the multi-State co‑operative society in the general meeting may appoint the first auditor or auditors. (7) (a) The multi‑State co‑operative society may fill any casual vacancy in the office of an auditor; but while any such vacancy continue....