Amendment status not verified — confirm the current text below against the official source.
(1) When an application is made by the Government or ten per cent of the members on the rolls of a society to the District Court within the jurisdiction of which the society is registered for framing a scheme, for better administration or appointing a new governing body or dissolution of the society, the court may, after enquiry and on being satisfied that, it is just and equitable, pass any of the following orders,-- (a) removing the existing governing body and appointing a new governing body; or (b) framing a scheme for the better and efficient management of the society; or (c) dissolving the society. (2) Where the application under sub-section (1) is submitted by the members of the society, the applicant shall deposit in the court along with the application a sum, as may be prescribed, as security and costs.