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A society plans to transfer a specific undertaking to another society under Section 14 of KCS Act, without full amalgamation. Which document most appropriately records the terms of this transfer?

AA scheme of transfer approved per Section 14

BA memorandum of understanding outlining the transfer.

CA resolution passed by the general body of the transferring society.

DAn addendum to the existing bylaws of both societies.

Answer:

A. A scheme of transfer approved per Section 14

Read Explanation:

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