Section 48: Formation of Accounts Supervision Committee

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1) In order to strengthen the internal control system in a Cooperative Organization, the General Meeting shall form through election an Accounts Supervision Committee comprising one convener and two members having met the prescribed qualifications.

2) More than one member of the same family shall not stand as a candidate or get elected at the same tenure as a director convener or member of the Accounts Supervision Committee of the same Cooperative Organization.

Tagged:
cooperatives act
nepal law

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