Under Section 24 of KCS Act, which statement about transfer of shares is most accurate?
ATransfer is forbidden under all circumstances.
BTransfer is permitted only to existing members of the society.
CTransfer is permitted to eligible persons with the society’s approval and subject to restrictions in the Act and bye‑laws
DTransfer requires only the approval of the Registrar of Cooperative Societies, irrespective of the society's bye-laws.