(1) Immediately after the appointment of board of administrators under sub-section (1) of section 71 of the Act, the board of directors in whose place the appointment is made shall give to the board of administrators the charge of the property, documents and accounts of the society.
(2) In case of failure to hand over charge to the board of administrators, the board of director in whose place such appointment is made shall be deemed to have handed over such charge to the board of administrators and the board of administrators shall be entitled to take inventory of the property, documents and books of accounts of the society and copy of such inventory shall be submitted to the Registrar.
3[51A.— Procedure for appointment and removal of directors, members of the committee etc.
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(1) Notwithstanding anything contained in the bye-laws of a society but subject to the provisions of section 71 of the Act, the Registrar may for reasons to be recorded by an order published in the Official Gazette, —
(a) remove the Committee of management or board of directors of a society and appoint a new committee of management or board of directors in it’s place consisting of three or more members of the society, to manage the affairs of the society; or
(b) remove the committee of management or board of directors of a society and appoint one or more administrators, who need not be members of the society, to mange the affairs of the society;
or
(c) remove any member of the committee of management or director on the board of directors of a society and appoint in his place such other member or director as he deems fit.
(2) Before making any order under sub-rule (1), the Registrar shall consult the federal society to which the society is affiliated and give an opportunity to the committee or the board of directors or the member or director concerned, to show cause within fifteen days from the date of issue of notice, why such an order should not be made.
(3) The member or director appointed under clause ( c) of sub-rule (1) shall hold office so long as the member or director in whose place he is appointed would have held office, if the vacancy had not occurred.
(4) Notwithstanding anything contained in the bye-laws regarding holding of any meeting of the society, the Registrar may, by special or general order specify the procedure for holding meetings of the Committee or board of directors appointed by him under clause (a) of sub-rule (1).
(5) Immediately after the appointment of a new committee or board of directors, an administrator or administrators appointed under sub-rule (1), shall give the new committee or Board of Directors, the charge of the property, documents and accounts of the society.]
CHAPTER VII Election to Board of Directors of Societies under section 66(1) of the Act