Hyderabad: he Telangana govt has ordered an inquiry into the affairs of the Journalists Cooperative Housing Society Ltd (Jubilee Hills Society) Hyderabad, following irregularities reportedly flagged in a special audit report for 2025-26. The inquiry has been initiated under Section 51 of the Telangana Cooperative Societies Act, 1964, to examine the constitution, functioning and financial condition of the society, particularly the alleged irregularities relating to its financial transactions and bank account operations.
The notice lists 11 categories of documents sought by the inquiry officer, including the society’s registration certificate, latest bye-laws, details of the present managing committee and its office-bearers, minutes of general body and managing committee meetings and financial records relating to bank transactions. The officer has additionally sought cash books, ledgers, day books, expenditure statements, audited financial statements and the special audit report for 2025-26, along with details of action taken by the society on the audit observations. The society has also been asked to produce original bank mandates, account-opening forms, KYC documents, bank statements and correspondence with Punjab National Bank (PNB). The inquiry will also examine income tax payments, professional and chartered accountant fees, collections towards no-objection certificates (NOCs), member-wise payment details, receipts, cash book entries and bank deposits.
Records relating to the custody and maintenance of original documents, as well as objections or representations submitted by the president or managing committee concerning bank operations and financial transactions, have also been sought. The inquiry is expected to scrutinise society’s financial management, administrative functioning, besides examining the alleged irregularities identified in the special audit report. The findings will be submitted to the cooperation department for further action. You Can Also Check: Gold Rate in Hyderabad | Silver Rate in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad | Hyderabad AQI | Weather in Hyderabad | Petrol Price in Hyderabad | Diesel Price in Hyderabad | CNG Price in Hyderabad | LPG Price in Hyderabad