Nominee of Central Government or State Government on board.

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....;State co‑operative society, the Central Government or the State Government, as the case may be, or any person authorised by the Central Government or the State Government shall have right to nominate on the board such number of persons as its members on the following basis, namely:- (a) where the total amount of issued equity share capital held by the Central Government or the Stat....

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....ernment has guaranteed the repayment of principal and payment of interest on debentures issued by a multi‑State co‑operative society or has guaranteed the repayment of principal and payment of interest on loans and advances to a multi‑State co‑operative society or has given any assistance by way of grants or otherwise to a multi‑State co‑operative society, the C....