Question

If some members contest the merger after Registrar approval under Section 14(7) of KCS Act, which step best preserves procedural fairness?

• A. Proceed with the merger immediately without further communication to contesting members.
• B. Provide access to the approved scheme, resolutions, and reasons; advise members on statutory appeal or review mechanisms within limitation periods
• C. Ignore the contestations as the Registrar's approval is final and binding.
• D. Inform contesting members that their objections are invalid due to the Registrar's approval.

Answer 1

Answer:

B. Provide access to the approved scheme, resolutions, and reasons; advise members on statutory appeal or review mechanisms within limitation periods

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