The conditional gift deed cannot stand cancelled automatically until the donor initiates any action to cancel the same due to the non-compliance of the imposed conditions by the donee.
Your action of re-gifting the property without cancelling the previous registered gift deed is invalid and not maintainable in the eyes of law.
If the society was defunct or has not complied with the conditions, what made you not initiate steps to cancel the gift deed based on the grounds relied upon for cancellation. There was an encumbrance in this regard as well as th the property was shown as an asset in the books of the society, so the liquidator is right to initiate action on that basis declaring the assets of the defunct society as surplus assets and recommend to transfer the same to the Dy. Registrar of societies.
You can initiate the legal cases to drag on the issue but ultimately the property will remain with the proper person i.e., the Dy. Registrar' Reserve fund only.
1. See that the liquidation is not completed. This may be achieved by referring a dispute by the second society to the Dep Reg against liquidator. He may reject which can be appealed at Tribunal. This gives us time to think of other alternatives.
You can drag on the issue by this to buy time.
2. Approach high court for some remedy – not sure on what basis
Which court and what remedy?, Your action may not be entertained if not having any specific application of law for the remedy sought.
3. Wait until the old society ceases to exist as corporate entity( i.e at the time when the assets vests with Dep Registar) and do something so the Dep registrar has to file a civil suit for possession.
The Dy. Registrar will straightaway fling into action for possession without following the due process of law, if necessary.
4. Giving a paper ad by the second society declaring that they have title and possession not to be disturbed. This can be done before the society is deregistered (in this case liquidator has to act like referring dispute to Dep Reg) or after (in this case the Dep Registrar has to act as there is no legal entity , this may be better as he has to proceed to civil court).
Declaration of title through newspaper publication will invite legal troubles and criminal action against the society or its authorised signatory who may initiate such step. What is the legal basis for such a declaration?, If aggrieved, the second society has to approach the court of law for the relief desired. and cannot adopt such measure.