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[Cites 0, Cited by 0] [Section 33] [Entire Act]

State of Andhra Pradesh - Subsection

Section 33(1) in Andhra Pradesh Co-Operative Societies Act, 1964

(1)Where the Government,-
(a)have subscribed to the share capital of a society, or
(b)have assisted indirectly in the formation or augmentation of the share capital of a society as provided in Section 43, or
(c)have guaranteed the repayment of principal and payment of interest on debentures issued by a society, or
(d)have guaranteed the repayment of principal and payment of interest on loans and advances to a society, the Government or any authority specified by the Government in this behalf shall have the right to nominate to the committee not more than [three persons as members] [Substituted by Andhra Pradesh Act No. 14 of 1966.] or one third of the total number of members of the committee, whichever is less, [notwithstanding anything contained in the bye-laws of society.] [Added by Act No. 6 of 2005, w.e.f. 31-1-2005.]