Audit ऑडिट • ऑडिट
4 related bye-laws. Tap any one to read its summary.
Bye-law No. 150: Appointment of auditor
The general body appoints a statutory auditor from the Government panel; the same auditor cannot be appointed for more than 2 consecutive years. Audit must be completed within 6 months of year end and before the AGM notice. Remuneration is fixed by the general body; an internal auditor may also be appointed.
Bye-law No. 151: Producing records for audit
The Secretary produces all books and records before the internal and statutory auditors and furnishes information required.
Bye-law No. 152: Audit rectification report
On receiving audit reports the Secretary prepares a rectification report in Form O for the Committee. The Committee must complete rectification within 3 months and submit it to the Registrar and the AGM; failure makes all committee members liable to penalty under Sections 146/147.
Bye-law No. 75: Structural audit, fire audit and lift inspection
Structural audit every 5 years for buildings 15–30 years old and every 3 years for buildings over 30 years (by panel engineers in municipal areas). Periodic fire audit as per the State Fire Policy and periodic lift inspection, with records kept.