Act Number: 37

Act Name: The National Dairy Development Board Act, 1987

Year: 1987

Enactment Date: 1987-09-15

Long Title: An Act to declare the institution known as the National Dairy Development Board in the State of Gujarat to be an institution of national importance and to provide for its incorporation and for the vesting in that body corporate of the undertakings of the Indian Dairy Corporation with a view to provide for the administration and the carrying on of the functions to be performed by the body corporate more effectively throughout the country and for matters connected therewith and incidental thereto.

Ministry: Ministry of Agriculture and Farmers Welfare

Department: Department of Animal Husbandry and Dairying

Section 28: Audit.
    (1) The accounts of the National Dairy Development Board shall be audited by auditors duly qualified to act as auditors of companies under the Companies Act, and the appointment of auditors and remuneration payable to them shall be subject to the approval of the Central Government.
     (2) Every auditor in the performance of his duties shall have at all reasonable times access to books, accounts and other documents of the National Dairy Development Board.
     (3) The auditors shall submit their report to the Board which shall forward a copy of their report to the Central Government.
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