Section 70A of the Multi-State Co-operative Societies Act, 2002 – Concurrent Audit

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Section 70A: Concurrent Audit

In case of multi-State co-operative societies,–– (i) having an annual turnover more than the amount as determined by the Central Government; or (ii) having deposit of more than the amount as determined by the Central Government, the concurrent audit shall be carried out by an auditor appointed from a panel of auditors approved by the Central Registrar.

Source: official text of The Multi-State Co-operative Societies Act, 2002 as published on India Code (PDF). All sections of the Multi-State Co-operative Societies Act, 2002.

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