Where it appears to the Registrars that any person has contravened the provisions of this Act, the rules or bye-laws-d|
(a) by sitting or voting or exercising his rights as a member, or as a mein-J ber of any managing or controlling body, or voting in the affairs of a registered!
society as a representative of another society which is a member of such society,!
when such person was not entitled so to sit, vote or exercise such rights, as the!
case may be, or
(b) by utilising a loan for a purpose different from that for which it was!
granted, the Registrar may, after affording such person an opportunity to be heard, by!
an order in writing direct him to pay the assets of the society by way of penalty:]
such sum not exceeding fifty rupees as the Registrar thinks fit.