Each member is entitled to one vote in a cooperative society.
True
False
True. Each member is entitled to one vote in a cooperative society, irrespective of the capital contribution.
In a cooperative society the principle followed is
(a) One share one vote
(b) One man one vote
(c) No vote
(d) Multiple votes
The lender is entitled to interest on the debentures issued as collateral security. State True or False