Treasurer

i) The Treasurer shall be the custodian of the Society and shall be responsible for maintenance of proper accounts of the fund received and expenditure incurred by the Society.

ii) It shall be his responsibility for receipt of money on behalf of the Society and issue receipt thereof.

iii) He shall operate Bank accounts of the Society and withdraw sums for expenses under his own signature together with the signature of the President or the Secretary of the Society.

iv) He shall not keep Society cash with him exceeding Rs.2000/- (Rupees Two Thousand only). In the event Society’s cash is received beyond the Banking hour of any day, the Treasurer shall keep the said amount with him under his custody and responsibility, but immediately on the next working day shall deposit the said amount in the respective Bank accounts.

v) He shall be responsible for payment of bills of expenditure incurred on account of the Society after they are sanctioned by President and the Secretary.

vi) He shall prepare and submit before the Executive Committee meeting Annual General Body meeting of the Society, budget estimate showing in details of anticipated fund collection and expenditure of the Society under different heads for the next financial year. However, for the beginning year of formation of the Society, there may not be a budget and expenditure shall be made as per actual with approval of the Executive Committee.

vii) If any major item has not been included in the budget, the Treasurer may at any time during the year prepare and submit proposal for consideration before the Executive Committee for recommendation for approval by the General Body. A supplementary budget estimate, if considered necessary may also be placed by him before the Executive Committee for necessary action.

viii) He shall produce all accounts before the Auditors of the Society at the end of every financial year for their verification and report.

ix) The Treasurer shall produce the books of accounts, records and documents for verification by a member only after the approval of the Executive Committee on receipt of a written request, within 10 (ten) days of such approval.