Question

In unlimited liability society, one member can have how many votes ?

• A. 1
• B. 2
• C. can have as many votes laid down in the bye law
• D. unpredictible

Answer 1

Answer:

A. 1

Liability of society:

• Liability of a society of which a member is a registered society shall be limited.
• Liability of a society of which the object is the creation of funds to be lend to its members, and of which the majority of the members are agriculturists, and of which no member is a registered society, shall be unlimited.

Votes of members:

• In unlimited liability society - One member can have only one vote
• In limited liability society - a member can have as many votes, laid down in the bye law.