Section 35(1)(a) in Himachal Pradesh Co-Operative Societies Act, 1968
(a)Where the State Government-(i)has subscribed to the share capital of a co-operative society; or(ii)has assisted indirectly in the formation or augmentation of the share capital of a co-operative society as provided under section 48; or(iii)has guaranteed the repayment of a principal and payment of interest on loans and advances to a society;