colony association issue

Hi All, Am the President of the colony .Our Colony Association is in very initial stage its been 3months from the date of formation,but due to couple of sudden resignations from assocation panel members our association has collapsed. When we approached Resgitration office they said we cant make any changes to the current Colony Association as it need to be continued for minimum 1yr for any kind of changes. Or else go for New Colony Association registration with different name or slight change with the current association name. 

So my question is as am president for the current colony association, can i be a president for new colony association also is it correct or wrong , because the old association will be active in parallel till next year until it gets auto closed or collapsed.??

Please share your thoughts. 





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