https://www.taxtmi.com/acts?id=15395 On winding up, the disposal of surplus assets follows the liquidator's report: where bye laws specify a purpose the Central Registrar may utilise the surplus for that purpose; where bye laws do not, the Central Registrar, with prior sanction of the Central Government, shall divide the surplus among members in the prescribed manner. en-us Wed, 21 Sep 2011 14:48:10 +0530 Mon, 08 Jul 2024 14:17:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15395 On winding up, the disposal of surplus assets follows the liquidator's report: where bye laws specify a purpose the Central Registrar may utilise the surplus for that purpose; where bye laws do not, the Central Registrar, with prior sanction of the Central Government, shall divide the surplus among members in the prescribed manner. Act-Rules Trust and Society Wed, 21 Sep 2011 14:48:10 +0530 https://www.taxtmi.com/acts?id=15395