Appointment of Auditor for Housing Society | Bye Law No 151 |Appointment Of Auditors for Societies

Appointment of Auditor for Housing Society | Bye Law No 151
a) The Society may, if it considers it necessary, appoint an internal Auditor, to audit the accounts of the Society, at the Annual General Body Meeting. The Society shall appoint the Statutory Auditor in its General Body Meeting from the panel of Auditors approved by State Govt. and same Statutory Auditor shall not be appointed for more than two consecutive years. The Statutory Auditor shall submit his Audit Report as provided in section 81 of the Act.
b) It shall be the responsibility of the Committee to get the Accounts Audited within a period of six months from the closure of financial year and in any case before issuance of Notice of the holding of the Annual General Body Meeting.
c) The Remuneration of Auditors so appointed shall be decided by the General Body Meeting of the Society.
=========================================================
Steps to appoint Auditor for Society :

1) The appointment of an auditor should be made by the general body of the society.
2)Take an agenda like "Appoint of Auditor for F.Y 2024-2025"
3)The auditor should be appointed from a panel of auditors empanelled by the government.
4) The auditor's consent should be obtained in writing before his appointment.
5) The society needs to give an appointment letter to the auditr, to inform him that he has been appointed as an auditor for a society and take his stamp & sign as his consent.
6)After the AGM (from the AGM date) submit the auditor appointment letter to Dy Registrar within 1 month, which means if AGM is conducted on 30 Sep then submit Auditor Appointment before 31 Oct.
---------------------------------------------------------------------------------------------------------------
#housingsocietyregister #statutoryregister #statutoryrecords #societyregister
#register , #Jregister, #statutory ,#byelaws, #IFormRegister #IForm
#Nomination #NominationRegister #proceedingbook #minutes #minutesbook
#interestcalculation #account #accountancy #simpleinterest #simpleinterestandcompoundinterest
#watercharge #waterchargeinsociety #waterchargecalculation #howtocalculatewatercharge
#bank #cooperativebank #nationalisedbank #governmentbank #AssociateMember #JointMember #ProvisionalMember
----------------------------------------------------------------------------------------------------------------
Our Other Video
Rights & Duties of a Member in Housing Society | MCS Amendment ACT : 154B - 10

CONVEYANCE DEED CANCELLED | True or Fake News? | Co-Operative Housing Society

How to calculate and divide the maintenance charges to all flat owners? : Bye Law No. 67

Break up of Service Charges of the Society : Bye Law No. 66

Charges which society can collect from Members :Bye - Law No. 65

Flat owners, know your rights : MSC Amendment ACT 154B(8)

Repairs at Society's cost : Bye - Law No. 159

Inspect of Society's property for repairs :Bye - Law No. 156

Committee's responsibility to maintain the Society's Property Bye - Law 155

Limit for cash payments in housing society : Bye - Law No. 145

Limit for Cash on hand in Co-Op Housing Society : Bye - Law No. 144

The Society shall maintain separate files for the following subjects : Bye - Law No. 142

Books of accounts, registers and other records to be maintained by Society : Bye - Law No. 141

============================================================
Contact Us

============================================================
Disclaimer: "This video reflects my own understanding of the respective topics. This video is for educational and informational purposes only
and is not intended to infringe on any copyrights. This content is based on many reference sources, Model Bye-Law, MCS ACT 1960, and absolutely
as per my experience and is probably is correct in my view but in general you should always verify by yourself or your legal advisor. If you
believe that this video has used any copyrighted material in a way that constitutes copyright infringement, please contact us at

[terlochansinghmarwaha]

Sir our agm not happen in the year 2023 and not audit of accounts and also our managing committee has continued auditor for more than six years is this true.