Section 109
Annual accounts and balance-sheet.
The Multi-State Co-operative Societies Act, 2002
About this Act
An Act to consolidate and amend the law relating to co-operative societies, with objects not confined to one State and serving the interests of members in more than one State, to facilitate the voluntary formation and democratic functioning of co-operative s as peoples institutions based on self-help and mutual aid and to enable them to promote their economic and social betterment and to provide functional autonomy and for matters connected therewith or incidental thereto.
At every annual general meeting of a multi-State cooperative
society, the board shall lay before the multi-State co-operative society--
(a) a balance-sheet as at the end of every co-operative year; and
(b) a profit and loss account for that year.
(a) a balance-sheet as at the end of every co-operative year; and
(b) a profit and loss account for that year.