Restoration of a society wound up.

Where, in the opinion of the Registrar, a society which has been ordered to be wound up may be restored to a committee constituted in accordance with the provisions of this Act, the rules and bye-laws, he may, at any time, before the affairs of the society have been completely wound up, cancel or withdraw the order of winding up and direct the liquidator to constitute a committee in accordance with the provisions of this Act, the rules and the bye-laws and hand over the management of the affairs of the society to such committee. The property assets, effects and actionable claims or liabilities of the society as on the date of such cancellation or withdrawal shall revest in or devolve on the society.