App Logo

No.1 PSC Learning App

1M+ Downloads
If the execution is done as per Sec 76 (9) or Sec 76 (b) the application for recovery to the District Collector must be accompanied by:

AA membership list

BA financial Statement

CA certificate (Foam No 12) Signed by the Registrar or any other authorized person.

DA legal affidavit

Answer:

C. A certificate (Foam No 12) Signed by the Registrar or any other authorized person.

Read Explanation:

The document you're referring to, often called "Form No. 12," typically relates to the registration of cooperatives or societies and includes a certificate that signifies the formal recognition of the organization. This certificate is usually signed by the Registrar or another authorized official, affirming that the cooperative or society has been duly registered under the relevant cooperative laws.

Key Features of the Certificate (Form No. 12):

  • Official Recognition: It serves as proof that the society or cooperative has met the legal requirements for registration.

  • Details Included: The certificate generally includes the name of the society, registration number, date of registration, and the address of the registered office.

  • Legal Validity: The certificate provides legal standing to the organization, allowing it to operate and engage in activities as a registered entity.

Importance:

  • Operational Legitimacy: It is essential for conducting business, opening bank accounts, and entering into contracts.

  • Member Assurance: Provides assurance to members and stakeholders that the cooperative or society is recognized by the authorities


Related Questions:

... plays an equalizing role as a welfare factor in a capitalistic economy.
Affiliation fee to the State Co-operative Union is calculated on
.. is based on the principle of self-help through mutual help, abolition of profits and service above self help.

Consider the following statements with reference to capital to Risk-weighted Assets Ratio (CRAR). Which of the Statements given above are correct ?

  1. It is the bank's capital in relation to its risk-weighted assets and current liabilities.
  2. Indian bank must maintain a higher CRAR than those stipulated by the Basal Ill norms.
  3. Regional Rural Banks are exempted from maintaining CRAR·
    Section 74 of the KCS Act deals with ----