The Exchange shall have one or more auditors from the chartered accountants registered with the Ministry of Commerce and Agriculture. The auditors shall be appointed and their remuneration shall be determined by a Resolution adopted annually by the Board. The auditors shall audit the accounts of the financial year for which they have been appointed.

The auditors shall audit the balance sheet, income and expenditure accounts, and shall submit them to the Board, accompanied by their report, for approval within a maximum period of 3 months from the end of the Exchange's financial year.