Amendment status not verified — confirm the current text below against the official source.
(I) If the Registrar - a) after an inquiry has been held under section 84 or an inspection has been made under section 86 or on the report of the auditing of the account of the society, or b) on receipt of an application made upon a resolution carried by three-fourths of the members of a society present at a special meeting called for the purpose, or c) of his own motion in the case of a society which - (i) has not commenced working, or (ii) has ceased working, or (iii) processes shares or members' deposits not exceeding five hundred rupees, or (iv) has ceased to comply with any conditions as to registration and management in this Act or the rules or the bye-laws, is of the opinion that a society ought to be wound up, he may issue an interim order directing it to be wound up. (2) A copy of such order made under clause (a) or sub-clause (iv) of clause (c) of sub- section (1) shall be communicated in the prescribed manner, to the society calling upon it to submit its explanation to the Registrar within a month from the date of issue of such order, and the Registrar, on giving an opportunity to the society of being heard may issue a final order, vacating or confirming the interim order. 107.(1) When an interim order is passed under the last preceding section of a final order is passed under that section, for the winding up a society the Registrar may, in accordance with the rules, appoint a person to be Liquidator of the society, and fix his remuneration. (2) On issue of the interim order, the officers of the society shall hand over to the Liquidator the custody and control of all the property, effects and actionable claims to which the society is or appears to be entitled, and all books, records and other documents pertaining to the business of the society and, shall have no access to any of them. (3) When a final order is passed confirming the interim order, the officers of the society shall vacate their offices and while the winding up order remains in force, the general body of the society shall not exercise any powers. (4) The person appointed under this section as Liquidator shall, subject to the general control of the Registrar, exercise all or any of the powers mentioned in section 109. The Registrar may remove such persons and appoint another in his place without assigning any reason. Scales of fees to be paid to the Registrar's nominees. Winding up. Appointment of Liquidator. (5) The whole of the assets of the society shall on the appointment of the Liquidator under this section vest in such Liquidator, and notwithstanding anything contained in any law for the time being in force if any immovable property is held by a Liquidator on behalf of the society, the title over the land shall be complete as soon as mutation of the name of his office is effected,' and no Court shall question the title on the ground of dispossession, want of possession, or physical delivery of possession. (6) In the event of the interim order being cancelled the person appointed as Liquidator shall hand over the property, effects and actionable claims and books, records and other documents of the society to the officers who had delivered the same to him. The acts done, and the proceedings taken by Liquidator, shall be binding on the society, and such proceedings shall after the interim order has been cancelled under the preceding section, be continued by the officers of the society. 108.(1) The Committee, or any member, of the society ordered to be wound up, may within two months from the date of the issue of the order made under section 106, appeal to the Government : Provided that no appeal shall lie against an order issued under sub-clause (i), (ii) or (iii) of clause (c) of sub-section (1) of section 106. (2) No appeal from a member under this section shall be entertained unless it is accompanied by such sum as security for the costs of hearing the appeal, as may be prescribed.