In which section of the 1925 Act is the distribution of profits (profit of distribution) mentioned?
- (41
- 40
- 37
- 36
Explanation
Distribution of profits is regulated under Section 40 of the Cooperative Societies Act, 1925.
Restriction on distribution of profits.–
- Subject to the provisions of section 38, the balance of the profits of a society after making the prescribed provisions for the reserve fund may,
- Together with any available profits of past years, be distributed among its members,
- And in the case of consumers’ and producers’ societies, also among persons who are not members,
- To the extent and under the conditions prescribed by the rules or by the by-laws of such societies
Related MCQs
پاکستان میں سپریم کورٹ کے جج کی ریٹائرمنٹ کی عمر کتنی ہے؟
- 55
- 60
- 62
- 65
اس سوال کو وضاحت کے ساتھ پڑھیں
فوجداری مقدمے میں ثبوت پیش کرنے کی بنیادی ذمہ داری کس پر ہوتی ہے؟
- Prosecution
- Witness
- Accused
- Judge
اس سوال کو وضاحت کے ساتھ پڑھیں
- Contract
- Accepted offer
- Approved promise
- Enforceable acceptance
اس سوال کو وضاحت کے ساتھ پڑھیں
- An official notary seal
- A substantial cash payment from the buyer
- Something of value given in exchange for a promise or performance
- A written signature by both parties
اس سوال کو وضاحت کے ساتھ پڑھیں
- No one can give what they do not have
- He who takes by force loses by law
- Both
- None
اس سوال کو وضاحت کے ساتھ پڑھیں
