Application to court for dissolution, framing a scheme or appointing new general body etc

Application to court for dissolution, framing a scheme or appointing new general body etc.—(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,—

1. (a) removing the existing governing body and appointing a new governing body; or
2. (b) framing a scheme for the better and efficient management of the society; or
3. (c) dissolving the society.

1. (2) Where the application under sub-section
2. (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.