Section 25 of KCS Act deals with redemption or repayment of share capital. What is a key condition for a member to receive repayment on withdrawal?
ARepayment is conditional on the member having completed at least 5 years of service in the cooperative.
BThe cooperative must declare a dividend of at least 10% for the year preceding the withdrawal.
CRepayment is subject to availability of funds and compliance with statutory reserve and notice requirements
DRepayment can only be made in the form of new shares in another cooperative society.