State Act

The Himachal Pradesh Cooperative Societies Act, 1968

63. Auditor's report.- The auditor shall, within 10 days from the date of the completion of the audit, submit to the co-operative society and to the Registrar, together with the statement of accounts audited, an audit report including a statement of,- (a) every transaction which appears to him to be contrary to law or to the rules or bye-laws; (b) every sum which ought to have been but has not been brought into account; (c) the amount of any deficiency or loss which appears to have resulted from any negligence or misconduct or which requires further investigation; (d) any money or property belonging to the society which appears to have been misappropriated or fraudulently retained by any person; (e) any of the assets which appear to him to be bad or doubtful; and (f) any other matter prescribed.