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May 2026

Audits Of Co-Operative Housing Societies

By Chandrashekhar Vaze, Chartered Accountant
Reading Time 4 mins

Shrikrishna : Arjun, why are you looking so tired and frustrated?

Arjun : We had the managing committee meeting of the housing society where I stay.

Shrikrishna : So what? What is so tiring about it?

Arjun : Bhagwan, you are very well aware that in a co-operative housing society, there is nothing but non-cooperation! No one is willing to come forward to work in the managing committee, members believe that committee members are their employees. A few committee members have some vested interests in the society’s management.

Shrikrishna : Arjun. This is common in all Non-Profit organisations! It is a part of life. In kaliyug, disputes are everywhere. Even in our families!

Arjun : I agree. But every society has at least one Duryodhana

Shrikrishna : Duryodhana? What do you mean?

Arjun : There is invariably one crooked member in every society. He is extra smart. He picks up disputes on some pretext or the other with the committee and other members.

Shrikrishna : I am aware. And there are Shakunis to

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