Question

In a demerger (division) under Section 14 of KCS Act, how are members typically allocated to the resulting societies?

• A. Based on the number of employees in each new society.
• B. At the discretion of the registrar without any specific criteria.
• C. Randomly assigned to ensure a mixed membership in each society.
• D. In proportion to their share or class as specified in the approved scheme

Answer 1

Answer:

D. In proportion to their share or class as specified in the approved scheme

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