Section 24
Priority on death, bankruptcy, etc., of office-bearers
of Societies Act 1966 (Revised - 2021)
In the following cases, namely:
(a)
upon the death or bankruptcy of any office-bearer of a registered society having in his possession by virtue of his office any money or property belonging to the society; or
(b)
if any execution, attachment or other process is issued or action taken against any such officer or against his property, his heirs, executors or administrators or the Director General of Insolvency or the Bailiff of the High Court or other person executing the process or the party taking the action shall, upon demand made in writing by the trustees of the registered society
Societies 41
or any two of them or any person authorized by the registered society to make the demand, pay the money and deliver over the property to the trustees of the registered society in preference to any other debt or claim against the estate of the office-bearer.