A person may be called upon to show cause for the loss, waste or misapplication of any money or other property within
A
2 years of the occurrence of such loss
B
3 years of the occurrence of such loss
C
4 years of the occurrence of such loss
D
any duration of the membership
Correct Option:
C
Explanation
Under the relevant provision concerning loss, waste or misapplication of Board/Committee property, proceedings cannot ordinarily be initiated after four years from the occurrence of the loss, or after two years from the person ceasing to hold the relevant position, whichever period expires first.
