(1) Every appointment and remuneration of auditors for Multi State Cooperative Society shall cause to be audited by an auditor referred to in sub-section (2), its accounts at least once in each year.
(2) Every multi state cooperative society shall, at each annual general meeting, appoint an auditor or auditors to hold office from the conclusion of that meeting until the conclusion of the next annual general meeting and shall, within seven days of the appointment, give intimation thereof to every auditor so appointed. Much more to know at application of Multi State Cooperative Societies.
(3) Every auditor appointed under sub-section (1) shall, within thirty days of the receipt from the cooperative society of the intimation of his appointment, inform the Central Registrar in writing that he has accepted, or refused to accept, the appointment.
(4) A retiring auditor shall be re-appointed unless ¬(a) he is not qualified for re-appointment;
(b) he has given the multi State cooperative society a notice in writing of his unwillingness to be re-appointed;
(c) a resolution has been passed at the general meeting of members appointing some body instead of him or providing expressly that he shall not be re-appointed; or
(d) where notice has been given of an intended resolution to appoint some person or persons in the place of a retiring auditor, and by reason of the death, incapacity or disqualification of that person or all those persons, the resolution cannot be proceeded with.
(5) Where at an annual general meeting no auditors are appointed or re¬appointed, the Central Registrar may appoint a person to fill the vacancy. (6) First auditor or auditors of a cooperative society shall be appointed by the board within one month of the date of registration of such society and the auditor or auditors so appointed shall hold office until the conclusion of the first annual general meeting. (7) (a) The multi State cooperative societies may fill any casual vacancy in the office of an auditor; but while any such vacancy continues, the remaining auditor or auditors, if any, may act. (b) Any auditor appointed in a casual vacancy shall hold office until the conclusion of the next annual general meeting. (8) Any auditor appointed under this section may be removed from office before the expiry of his term by the multi state cooperative society in general meeting. (9) The remuneration of the auditors of a multi state cooperative society(a) in the case of an auditor appointed by the board or the Central Registrar may be fixed by the board or the Central Registrar, as the case may be; and (b) subject to clause (a), shall be fixed by the multi state cooperative societies in general meeting or in such manner as the cooperative society in general meeting may determine. You can enhance your information on register of members of Multi State Cooperative Society.