PEOPLE’S EDUCATION SOCIETY 437
The accounts of the Society shall be periodically audited by the auditors recognised under the Indian Companies Act and appointed by the Governing Body.
The Governing Body shall appoint from amongst the members of the General Council and Executive Committee, or Committee, a Secretary who shall carry on the general work of the Council and of the Executive Committee or Committee respectively. The tenure of the office of the Secretary shall be three years.
An annual statement of receipts and expenditure of the Society shall be drawn up by the Secretary of the Society and a consolidated statement shall be kept at the Office of the Society and shall be opened at all times for inspection of the members of the Governing Body, Board of the Trustee, General (Originally Managing) Council and Executive Committee, Patrons and Subscribers.
V - General
The Governing Body and other Bodies shall discharge their duties and exercise their powers, authorities and functions in accordance with the Articles annexed to this Memorandum (Schedule - A).
The Governing Body shall have power to alter, amend, add or modify the said Articles as may be required by circumstances, provided always that such alteration, amendments, additions, or modifications shall not be inconsistent with the provisions of this Memorandum.
This Governing Body shall have power to alter, amend, add or modify this Memorandum save and except provision regarding the composition of the Governing Body, the Board of Trustees, the General (Original Managing) Council and the proportion of representation on each such body of the members of Buddhists who are converted from amongst the Scheduled Castes, the provision regarding the term of the office the first Chairman,