Question

As per Section 5(2) of KCS Act, what must be the last word in the name of a co-operative society registered with limited liability?

• A. Limited
• B. Society
• C. Company
• D. Corporation

Answer 1

Answer:

A. Limited

Sec 5 –Registration with limited liability only

• Sec 5(1)-Co-operative society shall be registered only with limited liability

• Sec 5(2)-The word ‘limited’ or its equivalent in any Indian language shall be the last word in the name of a society registered under this Act with limited liability.

• Sec 2(g)-Limited Liability

• Sec 2(h)-Unlimited Liability