Yes. The accounts of all grantee institutions or organizations are open to IA by the Principal Accounts Office, whenever called upon. A provision for this must be incorporated in all grant sanction orders, alongside the statutory audit provision under the CAG (DPC) Act 1971.
Source: CAM Para 17.2
What is the sequence of certification?
Why must Ministerial oral orders be confirmed in writing even when they follow the rules?
Does this rule apply to social media accounts of Ministries as well?
What is the key difference between a D.O. letter and a regular letter?
Who is responsible for keeping the residential address list of Section staff?
This answer is for informational purposes only and does not constitute legal advice. Always refer to the original rules and consult competent authorities for official interpretation.