State Act

54

Section 54. Rectification of defects in audit, inquiry or inspection.

The Telangana Co-operative Societies Act, 1964.

Act no. 7 of 19641964In forceTelangana (State Act)

212[54. The Registrar shall draw the attention of the society to the defects noticed in every audit conducted under section 50 or inquiry held under section 51 or inspection made under [section 52 or section 53] and if the society is affiliated to another society, also the attention of that other society and may make an order directing the society or its officers to take such action and within three months: Provided that if the society fails to rectify the defects noticed in audit within three months penalty may be levied against the society as prescribed by the Registrar.]