Section 137: Social Audits may cause to be conducted

1) A Cooperative Organization may, for the purpose of attaining the objectives referred to in its byelaws, conduct a social audit on the decisions made and functions carried out by the Board, services received by members and level of satisfaction, positive impact made on economic, social, cultural, and environmental aspects of the members’ standard of life, and other aspects.

2) The Board shall submit to the General Meeting the report of the social audit conducted pursuant to sub-section (1) for the purpose of discussions.

3) The General Meeting shall, after having discussed the report of the social audit submitted pursuant to sub-Section (2), give necessary directives to the Board.

4) The concerned Cooperative Organisation shall submit one copy of the report of the social audit prepared under this Section to the Registrar or the authority authorised by him or her, and in case of a Cooperative Bank, one copy of such a report shall also be submitted to the Nepal Rastra Bank.