Question

No society shall dispose of any immovable property acquired by the society with out

• A. The prior sanction of the general body
• B. The prior sanction of the Registrar
• C. The prior sanction of the board
• D. Prior sanction of the general body and Registrar

Answer 1

Answer:

D. Prior sanction of the general body and Registrar

Under co-operative law, a society cannot dispose of any immovable property it owns without obtaining prior approval from both: The General Body – representing the members’ consent. The Registrar – ensuring compliance with legal and regulatory requirements. This dual sanction protects the society’s assets and prevents misuse.