reaudit & limitation act
AJIT KAWATKAR
(Querist) 13 February 2011
This query is : Open
This relates to co-op hsg society in mumbai.
On the basis of auditor's adverse remarks & further evideces in Vouchers etc, the AGM resolved in 2008 that society's a/c needs to be Reaudited by Regstrar[Audit section] as provided in the act.The managing committee is sincerly on the job but without success till today.
It is almost 3yrs. My Q. is whether this issue comes under LIMITATION ACT ? if it is then what is the alternate solution ?