Societies registration act,1860

Rajiv Kaicker (Querist) 21 April 2015 This query is : Resolved
A RWA is registered under The Socities Registration Act,1860 in Delhi.
Who can be the Auditor of such a RWA?
Is it compulsory for an Auditor to be a Chartered Accountant?

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Devajyoti Barman (Expert) 21 April 2015
Yes, it must be audited by a CA.

Rajendra K Goyal (Expert) 22 April 2015
Society is to be audited by a CA.

Guest (Expert) 22 April 2015
Not being a cooperative society, an RWA run by the funds of its members can elect an auditor from amongst its own members by majority vote through AGM. However, if the RWA is receiving any Government grant, that must appoint a CA as an auditor to audit its accounts.

T. Kalaiselvan, Advocate (Expert) 30 April 2015
An auditor need not be a CA if the RWA is among its own members.

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