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SOCIETY CLASSIFICATION FOR AUDITOR SELECTION UNDER MAHARASHTRA CO‐OPERATIVE SOCIETIES ACT, 1960
[Section 81 of Maharashtra Co‐operative Societies Act, 1960 and Rule 69(1)(f)(vii) of Maharashtra Co‐operative Societies Rules, 1961]
Class	Description of Auditors	Societies to be audited
A	a) Chartered Accountant Firm b) Cost Accountant Firm c) Chartered Accountant having at least 5 years experience in audit of co‐operative Societies d) Cost Accountant having at least 5 years experience in audit of co‐operative Societies e) Joint Registrar (Audit) f) Special Auditor Class-I who was completed probation period successfully. Note A1 ‐ Auditor must be categorized in 'A' Class. Note A2 ‐ Societies at Sr. Nos.1, 5, 6 and 7 shall be audited only by a Chartered Accountant Firm or Cost Accountant Firm or Chartered Accountant or Cost Accountant or Joint Registrar (Audit) Categorized in 'A' Class.	1) Maharashtra State Co-operative Bank [Refer Note A2]
		2) District Central Co-operative Bank
		3) Urban Co-operative Banks having Deposits more than Rs.25 Crores
		4) Salary Earners Co-op. Banks
		5) Maharashtra State Co-operative Marketing Federation [Refer Note A2]
		6) Maharashtra State Co-operative Cotton Grover's Federation [Refer Note A2]
		7) Maharashtra Rajya Dudh Sangh (Mahananda) [Refer Note A2]
		8) Maharashtra State Co-operative Agriculture and Rural Multipurpose Development Bank
		9) Maharashtra State Co-operative Housing Finance Corporation
		10) Maharashtra State Tribal Development Corporation
		11) Maharashtra Rajya Sahakari Sangh and Divisional Co-operative Board
		12) Maharashtra State Co-operative Fisheries Federation
		13) Maharashtra State Co-operative Consumer Federation
		14) Maharashtra State Co-operative Spinning Mill Federation
		15) Maharashtra State Co-operative Power loom Federation
		16) Maharashtra State Co-operative Textile Federation
		17) Maharashtra State Co-operative Handloom Federation
		18) Maharashtra State Co-operative Cotton Grovers Processing Societies
		19) Maharashtra State Co-operative Labour Societies Federation
		20) Maharashtra State Co-operative Bank Association
		21) Maharashtra State Co-operative Credit Societies Federation
		22) Maharashtra State Co-operative Jungal Kamgar Federation
		23) Maharashtra State Co-operative Sugar Factories Federation
		24) Maharashtra State Co-operative Sugar Industries Development Societies
		25) Maharashtra State Co-op. Cadre Federation and District Coop Cadre Board
		26) Maharashtra State Co-op. Industrial Societies Federation
		27) Other National and State level Co-op. Federation not mentioning above
		28) Co-operative Spinning Mill / Weaving Mills
		29) Co-operative Sugar Factories
		30) District Co-operative Milk Union
		31) District Co-operative Agriculture and Rural Multipurpose Development Bank
		32) Any other society specified by Registrar from time to time
B	a) Chartered Accountant Firm b) Cost Accountant Firm c) Chartered Accountant having at least 1 years experience in audit of co‐operative Societies d) Cost Accountant having at least 1 years experience in audit of co‐operative Societies e) Joint Registrar (Audit) f) Special Auditor Class-I who was completed probation period successfully g) Special Auditor Class-II who was completed probation period successfully h) Auditor Grade-1 who was completed probation period successfully i) Certified Auditor having at least 10 years experience in audit of co‐operative Societies. Note B1 ‐ Auditor must be categorized in 'A' or 'B' Class. Note B2 ‐ Societies at Sr. Nos.1 and 2 shall be audited only by a Chartered Accountant or Cost Accountant and Special Auditor Class-II Categorized in 'B' Class.	1) Urban Co-operative Bank having deposits of up to Rs.25 Crores [Refer Note B2]
		2) Urban Co-operative Credit Society and Rural nonagricultural credit society deposit Rs.10 crores and above [Refer Note B2]
		3) Salary earners Co-operative Credit Society having working capital Rs.10 crores and above
		4) Co-operative Starch Factories
		5) Co-operative Industrial estates
		6) District Co-operative Labour Federation
		7) Sales and Purchase Co-operative Unions (District and Taluka)
		8) Housing societies having 100 and more members
		9) Co-operative Ginning and Pressing Societies / Rice Mills and Oil Mills
		10) Primary Co-operative Dairy Societies having turnover above Rs.50 lacs
		11) Primary Co-operative Poultry and piggery and livestock Societies having turnover above Rs.25 lacs
		12) Primary Co-operative Fisheries Societies having turnover above Rs.50 lacs
		13) District / Central Weavers Co-op. Societies
		14) District and Central Co-op.Consumers stores
		15) Co-operative Hospital
		16) Mula Pravara Electric Society and Other Elec. Societies
		17) District Co-operative Board
		18) District Housing Federation
		19) Other District Federal Societies not mentioned above
		20) Any other society specified by Registrar from time to time
C	a) Chartered Accountant Firm b) Cost Accountant Firm c) Chartered Accountant having at least 1 years experience in audit of co‐operative Societies d) Cost Accountant having at least 1 years experience in audit of co‐operative Societies e) Joint Registrar (Audit) f) Special Auditor Class-I who was completed probation period successfully g) Special Auditor Class-II who was completed probation period successfully h) Auditor Grade-1 who was completed probation period successfully i) Auditor Grade-II who was completed probation period successfully j) Sub-Auditor who was completed probation period successfully k) Certified Auditor having at least 3 years experience in audit of co‐operative Societies.	1) Primary Agricultural and Co-operative Credit Societies(PACS) and Primary krushak and Adiwasi Seva / Grain Bank
		2) Urban Co-operative Credit Societies and Rural nonagricultural credit societies having deposits less than Rs.10 crores
		3) Salary earners societies having working capital less than Rs.10 crores
		4) Primary Co-operative Dairy Societies having turnover less than Rs.50 lacs
		5) Primary Co-operative Poultry, Piggery and Livestock Societies having turn over less than Rs.25 lacs
		6) Primary Co-operative Fisheries Societies having turnover less than Rs.50 lacs
		7) Sugarcane supply cooperative societies / Transport Coop. societies
		8) All Farming Co-operative Societies
		9) Housing societies having less than 100 members
		10) Lift irrigation societies
		11) Labour contract societies
		12) Forest Labour Co-operative Societies
		13) All types of Primary Marketing Societies and Food Processing Societies
		14) Primary Weavers Co-op. Societies (Handloom and Powerloom)
		15) Primary Industrial Co-op. Societies
		16) BLVA societies
		17) Primary consumers Co-operative Societies
		18) Social service societies and unemployed youth co-operative Societies
		19) Taluka supervisory unions
		20) Any other society specified by Registrar from time to time
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