[ Credit Guarantee Fund

Deposit Insurance Fund. - (1) To the Deposit Insurance Fund shall be credited,

Preparation of balance-sheet, etc., by Corporation. - (1) The balance-sheet and accounts of the Corporation shall be prepared and maintained in such form and manner as may be prescribed

Audit. - (1) The affairs of the Corporation shall be audited by an auditor duly qualified to act as an auditor under sub-section (1) of section 226 of the Companies Act, 1956 (1 of 1956), who shall be appointed by the Board with the previous approval of the Reserve Bank and shall receive such remuneration from the Corporation as the Reserve Bank may fix

Annual accounts and reports. - (1) The Corporation shall furnish to the Reserve Bank within three months from the date on which its accounts are balanced and closed the balance-sheet and accounts together with the auditor's report and a report of the working of the Corporation during the year and copies of the said balance-sheet and accounts and reports shall be furnished by the Corporation to the Central Government