Audited accounts of banking companies not to be questioned. –
(1)
Where any dispute of the nature specified in section 22 between an employer ,
being a banking company, and its employees has been referred to the said
authority under that section and during the course of proceedings the accounts
of the banking company duly audited and produced before it, the said authority
shall not permit any trade union or employees to question the correctness of
such accounts , but the trade union or employees to question the correctness of
such accounts, but the trade union or employees may be permitted to obtain from
the banking company such information as is necessary for verifying the amount
of bonus due under this Act.
(2) Nothing contained in sub-section (1) shall enable
trade union of the employees to obtain any information which the banking
company is not compelled to furnish under the provisions of section 34A of the
Banking Regulation Act, 1949 (10 of 1949)].
Audit of accounts of employers, not being corporations or
companies.-
(1) Where any dispute of the nature specified in section 22
between an employer, not being a corporation or a company, and his employees
has been referred to the said authority under that section and the accounts of such
employer audited by any auditor duly qualified to act as auditor of companies
under sub-section (1) of section 226 of the Companies Act, 1956 (1 of 1956) ,
are produced before the said authority, the provisions of section 23, shall ,
so far as may be, apply to the accounts so audited.
(2) When the said authority finds that the accounts of
such employer of such employer have not been audited by any such auditor and it
is of opinion that an audit of the accounts of such employer is necessary for
deciding the question referred to it, then, it may, by order direct the
employer to get his accounts audited within such time as may be specified in
the direction or within such further time as it may allow by such auditor or
auditors as it thinks fit and thereupon the employer shall comply with such
direction.
(3) Where an employer fails to get the accounts audited
under sub-section (2) the said authority may, without prejudice to the
provisions of section 28, get the accounts audited by such auditor or auditors
as it thinks fit.
(4) When the accounts are audited under sub-section (2) or
sub-section (3) the provision of section 23 shall, so far as may be, apply to
the accounts so audited.
(5) The expenses of and incidental to, any audit under
sub-section (3) (including the remunerating of the auditor or auditors) shall
be determined by the said authority (which determination shall be final) and
paid by the employer and in default or such payment shall be recoverable from
the employer in the manner provided in section 21.
