law: Co-Operative Societies Act, 1912
  42. Winding up
  (1) Where the registration of a society is
  
  cancelled under section 39 or section 40, the Registrar may appoint a competent
  
  person to be liquidator of the society.
  (2) A liquidator appointed under sub-section
  
  (1) shall have Power-
  (a) to institute and
  
  defend suits and other legal proceedings on behalf of the society by his name
  
  of office;
  (b) to determine the
  
  contribution to be made by the members and past members of the society
  
  respectively to the assets of the society;
  (c) to investigate all
  
  claims against the society and, subject to the provisions of this Act, to
  
  decide questions of priority arising between claimants;
  (d) to determine by
  
  what persons and in what proportions the costs of the liquidation are to be
  
  borne; and
  (e) to give such
  
  directions in regard to the collection and distribution of the assets of the
  
  society, as may appear to him to be necessary for winding up the affairs of the
  
  society.
  (3) Subject to any rules, a liquidator
  
  appointed under this section shall, in so far as such powers are necessary for
  
  carrying out the purposes of this section, have power to summon and enforce the
  
  attendance of witnesses and to compel the production of documents by the same
  
  means and (so far as may be) in the same manner as is provided in the case of a
  
  Civil Court under the Code of Civil Procedure, 1908 (5 of 1908).
  (4) Where an appeal from any order made by a
  
  liquidator under this section is provided for by the rules, it shall lie to the
  
  Court of the District Judge.
  (5) Orders made under this section shall, on
  
  application, be enforced as. follows :-
  (a) when made by a
  
  liquidator, by any Civil Court having local jurisdiction in the same manner as
  
  a decree of such Court;
  (b) when made by the
  
  Court of the District Judge on appeal, in the same manner as a decree of such
  
  Court made in any suit pending therein.
  (6) Save in so far as is hereinbefore
  
  expressly provided, no, Civil Court shall have any jurisdiction in respect of
  
  any matter connected with the dissolution of a registered society under this
  
  Act.