law: Co-Operative Societies Act, 1912
  41. Effect of cancellation of registration
  Where the registration of a society is
  
  cancelled, the society shall cease to exist as a corporate body-
  (a) in the case of cancellation in accordance
  
  with the provisions of section 39, from the date the order of cancellation
  
  takes effect;
  (b) in the case of cancellation in. accordance
  
  with the provisions of section 40, from the date of the order.