Amendment status not verified — confirm the current text below against the official source.
Regulations of Society.—The regulations of a Society may provide for,- (i) the conditions of admission of members; (ii) the liability of members to fines and forfeitures under certain circumstances; (iii) the consequences of non-payment of any subscription or fine, the resignation and expulsion of members; (iv) the appointment and removal of staff and officers and their powers; (ii) the manner of electing and removing the Governing body and the powers of such body; (vi) the time and place of annual General meeting and other meetings of the Society; (vii) the manner in which notice of such meetings may be given; (viii) the quorum necessary for the transaction of business at meetings of the Society; (ix) the manner of making ,altering and rescinding regulations; (x) the investment of funds, keeping of accounts and for an annual or periodical audit of accounts; (xi) the manner of dissolving the Society; 1[(xii) the condition that the Society shall not distribute surplus, if any, among me] (xiii) the determination after dissolution that property be utilized by Government according to section 48; (xiv) matters to be provided by bye-laws and the manner in which they shall be made; and (xv) such other matters as may be considered expedient having regard to the nature and objects of the Society.