Which of the following best aligns with Section 15 of KCS Act regarding cancellation of registration?
ACancellation is automatic if the society fails to hold an AGM for two consecutive years.
BCancellation may occur if the society ceases to comply with essential requirements or functions contrary to the Act and rules.
CThe Registrar can cancel registration solely based on a complaint from a single member.
DRegistration can be cancelled if the society fails to submit its annual audit report within 90 days of the financial year-end.