Power of Central Government to direct special audit in certain cases.

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..... o‑operative society are not being managed in accordance with self‑help and mutual aid and co‑operative principles or prudent commercial practices; or with sound business principles; or ( b ) that any multi‑State co‑operative society is being managed in a manner likely to cause serious injury or damage to the interests of the trade, industry or business to which .....

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..... if that Government or the State Government either by itself or both hold less than fifty‑one per cent of the paid‑up share capital or of the shares in such multi‑State co‑operative society. (2) The chartered accountant or the multi‑State co‑operative society s auditor appointed under sub‑section (1) to conduct a special audit as aforesaid is hereafter i .....

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..... furnish to the special auditor within such time as may be specified therein such information or additional information as may be required by the special auditor in connection with the special audit. (6) On receipt of the report of the special auditor, the Central Government may take such action on the report as it considers necessary in accordance with the provisions of this Act or any other la .....

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