Appointment and Remuneration of Auditors
(1) Each and every cooperative society registered under MSCS Act, 2002 should be audited by an auditor as per MSCS Act, 2002 and rules made there under.
(2) Every multi state society should, at every annual general body meeting, assign the job role to any chartered accountant or auditors to hold office from the conclusion of that meeting until the conclusion of the next AGM and should, within seven days of the appointment, give intimation thereof to every auditor so appointed. The condition is that such auditor or auditors might be appointed from a group of chartered accountants who are officially by the Central Registrar or from a group of auditors, if any, prepared by the multi state co-operative society.
(3) Each and every chartered accountant appointed under sub-section (1) shall, within thirty days of the receiving from the multi-state co-operative society of the familiarization of his appointment, give intimation to the Central Registrar in writing that he has accepted or refused to accept the appointment.[url]=http://www.multistatesociety.in/][cooperative society][/url]


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