Question

Section 14(8) of KCS Act, primarily addresses which post-approval consequence of a sanctioned merger?

• A. Transfer and vesting of assets, liabilities, and obligations in the surviving or new society as per the approved scheme
• B. Notification of the merger to all registered members of the involved societies.
• C. Appointment of an interim board of directors for the merged entity.
• D. Review and approval of the merger by the Registrar of Cooperative Societies.

Answer 1

Answer:

A. Transfer and vesting of assets, liabilities, and obligations in the surviving or new society as per the approved scheme

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