Can a general body of a co-operative society appoint its own auditor or auditing firm?
No, a general body of a co-operative society cannot appoint its own auditor or auditing firm. According to the context provided in clause (3), an auditor or auditing firm must be appointed by the general body of the co-operative society from a panel approved by a State Government or an authority authorised by the State Government in this behalf, as referred to in clause (2).