Liquidation of societies

Liquidation of societies:—

1. (1) If the Registrar, after an inquiry has been held under Section 51 or an inspection has been made under Section 52 or 53 or upon receipt of an application made by not less than three-fourths of the members of a society or of his own motion in the case of a society which has not commenced working or has ceased to work, or has ceased to comply with any condition as to registration and management in this Act or the rules or the bye-laws, is of the opinion that the society ought to be wound up, he may, after giving the society an opportunity of making its representation, by order, direct it to be wound up.
2. (2) The Registrar may cancel an order for the winding up of a society at any time, in any case where in his opinion the society should not be wound up.
3. (3) A copy of such order shall be published in the Andhra Pradesh Gazette.