Section 39: Effect of cancellation of registration.

Where the registration of a society is cancelled by an order made under section 38 of this Act, the society shall cease to exist as a corporate body from the date on which the order take effect, (in this section referred to as "the date of dissolution") on which the order takes effects, provided that any right, interest or power conferred on the society, under section 15, 16, 17 and 18 of this Act shall be deemed to be vested in any liquidator appointed for that society by the Director.