Section 58: Books and Accounts

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1) A Cooperative Bank shall have to maintain books and accounts according to the format approved by the Nepal Rastra Bank, showing the actual status of its transactions.

2) The books and accounts referred to in sub-Section (1) shall contain the actual status of the Cooperative Bank, its investments, credits disbursed and recovered and borrowed, and another financial statement, detailed statements of income and expenditures and statements of assets and liabilities.

Tagged:
cooperatives act
nepal law

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Section 52: Contribution for provident fund
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Section 165: Appeal
Section 86: Provisions relating to transport labours
Section 10: Coordination with Public Bodies
Section 8: Not to misuse credit
Section 166: Issue Orders and Directives
Section 143: Settlement of Disputes
Section 14B: Not to carry out banking transactions in an illegal manner
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