Definitions

In this Act, unless there is anything repugnant to the subject or context-

1. (1) “Co-operative Society” means a society registered under any law for the time being in force relating to co-operative societies;
2. (2) “ Development Bank” means the Industrial Development Bank of India established under the Industrial Development Bank of India Act, 1964 (Act 18 of 1964);
3. (3) “Industrial Finance Corporations” means the Industrial Finance Corporation” means the Industrial Finance Corporation of India incorporated under the Industrial Finance Corporation Act, 1948 (Act 15 of 1948);
4. (4) “Life Insurance Corporation” means a Finance Corporation established under section 3 of the State Financial Corporations Act, 1951 (63 of 1951);
5. (5) “State Financial Corporations” means a Financial Corporation established under section 3 of the State Financial Corporation Act, 1951 (63 of 1951) and includes a Joint Financial Corporation established under section 3A of the said Act;
6. (6) “State Government” means the Administrator of Goa, Daman and Diu appointed under Article 239 of the Constitution.