Dissolution of, and
Cancellation of Registration of, Association or Society
(1) A
two-thirds majority of the total number of members of the general meeting of an
association or society may decide to liquidate the association or society.
(2) On
receipt of an application accompanied by the decision as referred to in
Sub-section (1), the Registrar or person authorized by him/her may cancel the
registration of such association or society.
(3) If, in
holding inquiry pursuant to Sub-section (2) of Section 35 or making inspection
pursuant to Section 36, any association or society is found remaining
inoperative being failed to carry on any transaction for two consecutive years
or any association or society is found to have acted contrary to its
objectives, the Registrar or person authorized by him/her may cancel the
registration of such association or society. In the event of such cancellation
of registration, the association or society shall be dissolved and the
certificate of registration shall ipso facto
be void.
Appointment of liquidator
(1) If any
association or society is dissolved pursuant to Section 41, the Registrar or
person authorized by him/her may appoint one liquidator to implement matters
pertaining thereto.
(2) The
functions, duties and powers and remuneration of the liquidator shall be as
prescribed.
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