Amendment status not verified — confirm the current text below against the official source.
(1) If the Registrar, after an inquiry has been held under section 51 or an inspection has been made under section 52 or on receipt of an application made by not less than two-thirds of the members is of opinion that the society ought to be wound up, he may after giving the society an Powers of financing bank to proceed against members of a society for recovery of moneys due to it from such society. Winding up of societies. 110 [Act No.7 of 1964] opportunity of making its representation by order direct it to be wound up. (2) The Registrar may, of his own motion and after giving the society an opportunity of making its representation, if any, make an order directing the winding up of a society- 225[(a) [xxx]] (b) where the society has not commenced working within the prescribed period or has ceased to work; 226[(c) where in the opinion of the Registrar the society is conducting its affairs in a manner detrimental to the interests or its members or the promotion of the object for which it has been registered.] 227[(d) If the society fails to renew its registration as provided under section 8A of this Act.]