Question

Which filing sequence is most appropriate after both societies pass special resolutions under Rule 13(2A) of KCS Act?

• A. File certified resolutions and the merger scheme with the Registrar under Section 14(7), await sanction, then implement asset and membership transfers under Section 14(8)
• B. File the merger scheme directly with the Registrar without special resolutions.
• C. Implement asset and membership transfers before filing any resolutions.
• D. Obtain sanction from the Registrar first, then pass special resolutions.

Answer 1

Answer:

A. File certified resolutions and the merger scheme with the Registrar under Section 14(7), await sanction, then implement asset and membership transfers under Section 14(8)

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