We have been pointed out by our new auditor, Ms.B.D.Shetty & Co. that All India Life should maintain and keep the file ready for physical verification during the Audit.
This is in connection with our filing the Labour Return every year where the Auditors has to Certify that they have verified the total number of membership mentioned in our Labour Return form and is true. However, in recent years we have not maintained the practice owing of All India Membership list. Hence, we have to begin this exercise afresh immediately. We expect the co-operation of all the Units to give their list as per the following format of the name of the member, BO/DO Working, Designation in LIC as on 01.01.2016 on priority basis and this exercise has to start immediately. We expect Units to mail us the list in a fothnigh time.