Coir Board General Provident Fund Bye-Laws,1977
27. Winding up of the Fund.
(1) The Fund shall be wound up
(a) if the Board were to be dissolved by notification under Sec. 11 of the Act; or
(b) by a resolution of the Board approved by the Central Government.
(2) On the winding up of the Fund, the assets shall be realised and distributed amongst subscribers in accordance with their accounts.