Vidhi Codex

section 37

Dissolution by special resolution

The Lakshadweep Registration of Societies Regulation, 2025
Corporate202563 sections14 chapters
Read full ActSections

Chapter XII SUSPENSION, CANCELLATION AND DISSOLUTION

Statutory text
  1. (1) A society may resolve to dissolve itself by passing a special resolution in a meeting of the General Body convened for the purpose.
  2. (2) On passing of the special resolution under sub-section (1), the Governing Body shall take all necessary steps for settlement of all claims and liabilities, as it may consider appropriate in accordance with its bye-laws and if there are no bye-laws, in accordance with the provisions of this Regulation.
  3. (3) If any dispute arises amongst the members of the society, the Governing Body, or the special committee, regarding the winding up of the affairs of the society, it shall be referred to the Registrar for such directions, as he may consider appropriate: Provided that the special resolution for dissolution of the society shall not be deemed to be a matter in dispute.
  4. (4) If the Central Government or Government or any of its instrumentalities is a member of or a contributory to or otherwise interested in any society, such society shall not be dissolved without the consent of the Central Government or Government, as the case may be.
  5. (5) After completion of all necessary formalities, the Governing Body shall send a report to the Registrar, mentioning about the surplus assets, if any.
  6. (6) The Registrar shall thereupon cause a public notice issued at the expense of the society inviting objections for dissolution of society from any person interested in the affairs of such society within the period specified in the notice, which shall in no case be less than three months from the date of notice.
  7. (7) If no objection is received from any claimant, creditor or member of the society within three months from the date of issue of such public notice, and after the surplus assets, if any, have been disposed of under section 39, the Registrar shall make an order confirming the dissolution and thereupon the society shall stand dissolved and the Registrar shall record the order of dissolution in the register maintained in his office and strike off the name of the society from such register.
  8. (8) If any objection is received from any claimant or creditor or member or any other interested person within the period mentioned in sub-section (7), the Registrar shall not make an order confirming the dissolution of the society unless he is satisfied that the relevant claim or liability have been duly settled and the surplus assets, if any, have been disposed of as provided in this Regulation.

Study data processing for this section.

PDF: pending for this language.