Raj holds ₹10,000 worth of shares in his Credit Co-operative Society. Under Rule 22 of KCS Rules, he:
Which statement is true for societies with unlimited liability regarding valuation of a deceased member’s shares?
Under Rule 21 of KCS Rules, the person entitled to receive the value of the deceased member’s shares is generally:
Which of the following correctly states the maximum amount payable for the shares of a deceased member in a limited liability society?
According to Rule 21 of KCS Rules, in a limited liability society, the balance sheet-based value of a deceased member’s shares is ₹12,000, while the member originally paid ₹10,000. What is the maximum amount payable to the nominee?
According to Rule 21 of KCS Rules, in a limited liability society, a member paid ₹10,000 for shares. As per the latest audited balance sheet, the value is ₹8,000. How much will the nominee get?
According to Rule 21 of KCS Rules, for a limited liability society, the value of a deceased member’s shares is primarily determined based on:
According to Rule 21 of KCS Rules, member of an unlimited liability society had paid ₹5,000 towards shares. How much will the nominee receive on the member’s death?
According to Rule 21 (Valuation of Shares of a Deceased Member) of KCS Rules, in an unlimited liability co-operative society, how is the value of a deceased member’s shares paid to the nominee?
In the context of Section 21 of KCS Act, how are voting rights typically affected when a member is under suspension for default?
How does Section 25 of KCS Act interact with refund timing when a large number of members seek withdrawal simultaneously?
According to Section 22 of KCS Act, what is a typical consequence if a member violates the prohibition on joining a competing society within the same area and object?
Section 20 of KCS Act on payments often interacts with dividends and bonuses. Which statement is most accurate?
Which best describes voting rights under Section 21 of KCS Act, for institutional members compared to individuals?
Section 19 of KCS Act, includes institutional membership. Which is the best example of an eligible institutional member when permitted by bye‑laws?
Regarding Section 26 of KCS Act, what happens to a member’s liability after transfer or repayment of shares, vis‑à‑vis past obligations?
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?
Section 23 of KCS Act, covers disqualifications. Which situation most likely disqualifies a person from membership?
Section 22 of KCS Act often restricts multiple memberships. What is the main rationale behind limiting membership in competing societies within the same area of operation?
Under Section 21 of KCS Act, when does a member typically acquire the right to vote in the general body?
Which statement best captures Section 20 of KCS Act, on member rights and liabilities relating to payments and use of services?
Section 19B of KCS Act, addresses nominal or associate members. What is the typical limitation on such a member’s rights?
Under Section 19 of KCS Act, which person is generally eligible to become a member of a co‑operative society in Kerala?
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