Indian Polity · Polity

Under Section 68 of the Uttar Pradesh Co-operative Societies Act, 1965, 'Surcharge' proceedings are initiated against an officer or employee for:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Recommending a higher dividend for members
2Recruiting new employees without prior sanction
3Causing financial loss or damage to the society through negligence, breach of trust, or fraud✓
4Late attendance at work

Correct answer

Causing financial loss or damage to the society through negligence, breach of trust, or fraud

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