The district registrar had instructed registered societies and RWAs in the city to submit their audit returns on time, warning that failure to do so could result in deactivation or cancellation of registration. This was in response to widespread non-compliance with the HRRS Act, 2012, which mandates financial statements, audit reports, and AGM minutes be submitted within six months after the financial year's end. Many societies had failed to meet these requirements, causing internal disputes. The move was welcomed by RWAs, who saw it as a step toward eliminating defunct societies and promoting transparency in governance.
The district registrar had instructed registered societies and RWAs in the city to submit their audit returns on time, warning that failure to do so could result in the deactivation or cancellation of their registration. This directive was aimed at addressing the widespread non-compliance with the Haryana Registration and Regulation of Societies (HRRS) Act, 2012, which required the submission of financial statements, audit reports, and minutes of annual general meetings (AGMs) within six months after the end of the financial year.
Under the HRRS Act, societies were obligated to submit a balance sheet, a statement of receipts and expenditures, and an auditor's report. They were also required to hold an AGM within the same six-month period, where the audited financial accounts were to be approved and adopted.
Furthermore, the act mandated that each society submit an annual report certified by both the president and secretary of the governing body. However, officials noted that many societies had failed to meet these requirements, often skipping AGMs and neglecting to disclose financial statements, which had led to internal disputes.
District registrar Lokesh Yadav had pointed out that many societies had still not filed their returns even after a year of registration, stressing that societies failing to comply with the annual return requirements would be considered inactive and could face cancellation of registration. Yadav had also mentioned that complaints arising from non-compliance would be addressed under the provisions of the HRRS Act.
The move had been welcomed by RWAs, who believed it would help eliminate defunct societies and enforce greater transparency. Praveen Malik, the president of Rising Homes RWA, had stated that the measure was crucial for ensuring proper governance. He had also suggested that the law should be adjusted to better suit the specific needs of residential and plotted colonies.
In conclusion, the district registrar's directive to enforce timely submission of audit returns aims to address long-standing non-compliance with the HRRS Act, ensuring transparency and accountability among societies and RWAs. By holding organizations to stricter standards, the move seeks to eliminate inactive societies and promote proper governance. While the initiative has been welcomed by RWAs, it also highlights the need for the law to adapt to the unique needs of residential and plotted colonies for better effectiveness and oversight
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