(1) A two-thirds majority of the total number of members of the general meeting of an association or society may decide to liquidate the association or society. (2) On receipt of an application accompanied by the decision as referred to in Sub-section (1), the Registrar or person authorized by him/her may cancel the registration of such association or society. (3) If, in holding inquiry pursuant to Sub-section (2) of Section 35 or making inspection pursuant to Section 36, any association or society is found remaining inoperative being failed to carry on any transaction for two consecutive years or any association or society is found to have acted contrary to its objectives, the Registrar or person authorized by him/her may cancel the registration of such association or society. In the event of such cancellation of registration, the association or society shall be dissolved and the certificate of registration shall ipso facto be void.