The section newly inserted by the 2019 KCS Amendment Act for formation of Kerala Bank is:
ASection 14 B
BSection 14AAA
CSec 14 A
DSec 14 AA
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Which one of the following statement/ Statements are incorrect about the disqualification of the member of the Managing Committee?
- In case of Committee members, the persons carrying on the same business carried out by the society.
- If he is not a paid employee of the Society or any other society
- If he is interested directly or indirectly in any contract made by the Society.
- He should be the legal advisor or legal practitioner on behalf of the Society