State Act

Kerala Co-operative Societies Act 1969

39[31.Nominees of Government on committee of an apex or a central society.- (1)Where the Government,- (a)have subscribed to the share capital of an apex or a central society; or (b)have assisted indirectly in the formation or augmentation of the share capital of an apex or a central society; or (c)have guaranteed the repayment of principal and payment of interest on debentures issued by an apex or a central society; or (d)have guaranteed the repayment of principal and payment of interest on loans and advances to an apex or a central society, 39a[the Government or any other authority shall have the right to nominate not more than two persons to the committee of an Assisted Apex or Central Society.] (2)A person nominated to the committee of an apex or a central society under sub-section (1) shall hold office during the pleasure of the Government or the specified authority, as the case may be. 39b[(2A) The person nominated under sub-section (1) shall not be eligible to hold the office of the president/chairman or vice president/vice-chairman of the Apex or Central Society nor will be eligible for being sent as the delegate of the Apex or Central Society] (3)A person nominated to the committee of an apex or a central society under sub-section (1) shall not take part in the discussion of any no-confidence motion or vote on any such motion. 39c[ xxx]]