Mention the provisions of the Societies Registration Act, 1860 regarding the vesting of property of the society.

Section 5 of the Societies Registration Act, 1860 lays down the provisions for vesting of property of the Society. It is presumed that the property, both movable and immovable, belonging to the Society, vests in trustees. But if it is not vested in trustees, Section 6 provides that then it shall be deemed to be vested in the governing body of such Society for the time being. In all civil or criminal proceedings the property may be described as the property of the governing body of such society by their proper title. The Act does not create in the members of the registered Society any interest other than that of the bare trustees. A property, which has vested in the trustees before registration of the Society, becomes as, from the registration of the Society, a property belonging to the Society and must be deemed to be the property of the Society. As a matter of fact there is no transfer of ownership that which belonged to a registered Society continues after the change in status of that Society on being registered, as belonging to the registered Society.