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State of Arunachal Pradesh - Section

Section 59 in The Arunachal Pradesh Co-operative Societies Rules, 1984

59. Annual statement of accounts including balance sheet etc.

- Within forty-five days of the close of every co-operative year, or within such extended period as may be specified by the Registrar, in the case of any society or class of societies, the committee of every society shall prepare annual statements of accounts showing-
(i)receipts and disbursements during the previous co-operative years,
(ii)the profit and loss account for the year, and
(iii)balance sheet as at the close of the year.
These statements of accounts shall be open to inspection by any member during office hours at the office of the society and a copy thereof shall be submitted within fifteen days from the date of preparation to the auditor appointed by the Registrar for the audit of that society.