Section 12D. Auditor's duty to prepare balance sheet and report irregularities, etc

(3) The accounts shall be balanced each year on the 31st day of March or on such other day as may be fixed by the Registrar. (2) The accounts shall be kept in such form as may be approved by the Registrar, and shall contain such particulars as may be prescribed. 12D. Auditor's duty to prepare balance sheet and report irregularities, etc .—(1) It shall be the duty of every auditor auditing the accounts of a society under section 12C to prepare balance sheet and income and expenditure account and to forward a copy of the same to the Registrar. (2) The auditor shall in his report specify all cases of irregular, illegal or improper expenditure or failure or omission to recover money or other property belonging to the society or of loss or waste of money or other property thereof, and state whether such expenditure, failure, omission, loss or waste caused in consequence of breach of trust or misapplication or any other misconduct on the part of the governing body or any other person. (4) The accounts shall be audited annually in such manner as may be prescribed and by a person who is a chartered accountant within the meaning of the Chartered Accountants Act, 1949 (Act 38 of 1949), or by such person as may be authorized in this behalf by the State Government. 12D. Auditor's duty to prepare balance sheet and report irregularities, etc.- (1) It shall be the duty of every auditor auditing the accounts of a society under section 12C to prepare balancesheet and income and expenditure account and to forward a copy of the same to the Registrar. (2) If the proposed name is identical with that by which any other existing society has been registered or, in the opinion of the Registrar, so nearly resembles such name as to be likely to deceive the public, the Registrar shall refuse to register the change of name.