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[Cites 0, Cited by 1] [Section 23] [Entire Act]

State of Karnataka - Subsection

Section 23(1) in The Karnataka Societies Registration Act, 1960.

(1)If upon the dissolution of any society registered under this Act, there shall remain, after the satisfaction of all its debts and liabilities, any property whatsoever, the same shall not be paid to or distributed among the members of the said society or any of them, but shall be given to some other society, to be determined by the votes of not less than three-fifths of the members present personally or where proxies are allowed, by proxy at the time of the dissolution, or in default thereof, by the principal civil court of original jurisdiction of the district.