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[Cites 0, Cited by 2] [Section 35] [Entire Act]

State of Rajasthan - Subsection

Section 35(1) in Rajasthan Co-operative Societies Act, 1965

(1)Where the Government-
(a)has subscribed to the share capital of a co-operative society, or
(b)has assisted indirectly in the formation or augmentation of the share capital of a co-operative society as provided in Chapter VI; or
(c)has guaranteed the repayment of the principal and payment of interest of debentures issued by a co-operative society; or
(d)has guaranteed the repayment of principal amount-and payment of interest on loans and advances to a co-operative society;
the Government or any authority specified by the Government in this behalf shall have the right to nominate not more than three members of one-third of the total number of members of the committee of a co-operative society, whichever is less;Provided that such nominees shall only be Government servants.