law: Electricity Regulatory Commissions Act, 1998 
  34. Accounts and audit of State Commission 
  (1) The State Commission shall maintain proper accounts and
  
  other relevant records and prepare and annual statement of accounts in such
  
  form as may be prescribed by the State Government in consultation with the
  
  Comptroller and Auditor-General of India.
  (2) The accounts of the State Commission shall be audited by the
  
  Comptroller and Auditor-General at such intervals as may be specified by him
  
  and any expenditure incurred in connection with such audit shall be payable by
  
  the State Commission to the Comptroller and Auditor-General.
  (3) The Comptroller and Auditor-General and any person appointed
  
  by him in connection with the audit of the accounts of the State Commission
  
  under this Act shall have the same rights and privileges and authority in
  
  connection with such audit as the Comptroller and Auditor-General generally has
  
  in connection with the audit of Government accounts and, in particular, shall
  
  have the right to demand the production of books, accounts, connected vouchers
  
  and other documents and papers and to inspect any of the offices of the State
  
  Commission.
  (4) The accounts of the State Commission, as certified by the
  
  Comptroller and Auditor- General or any other person appointed by him in this
  
  behalf, together with the audit report thereon shall be forwarded annually to
  
  the State Government by the State Commission and the State Government shall
  
  cause the audit report to be laid, as soon as may be after it is received,
  
  before the State Legislature.