Definitions

In this Act, unless the context otherwise requires,— (a) "Board" means the Board of Directors of the Nigam; (b) "Corporation" or "Nigam" means the Madhya Pradesh Rajya Pashu Dhan Avam Kukkut Vikas Nigam established under section 3; (c) "Director" means a Director appointed under section 7; (d) "Livestock" includes cattle, buffaloes, sheep, goats, pigs and other animals as specified by the State Government by notification; (e) "Poultry" includes fowls, ducks, turkeys, geese and other birds as specified by the State Government by notification; (f) "Chairman" means the Chairman of the Nigam; (g) "Managing Director" means the Managing Director of the Nigam appointed under section 9; (h) "Prescribed" means prescribed by rules made under this Act; (i) "Regulation" means a regulation made by the Nigam under this Act; (j) "State Government" means the Government of Madhya Pradesh. In this Act, unless the context otherwise requires, (a) “bank” means— (i) a banking company as defined in the Banking Regulation Act, 1949 (No. 10 of 1949); (ii) a scheduled bank as defined in the Reserve Bank of India Act, 1934 (No. 2 of 1934); (iii) a co-operative bank as defined in the Madhya Pradesh Co-operative Societies Act, 1960 (No. 17 of 1961); (b) "Board" means the Board of Directors of the Nigam constituted under section 7; (c) "financing institution" means any statutory body or any other body corporate or institution as may be approved by the State Government in relation to the objects of the Nigam if the financing of agricultural or animal husbandry operations is done and which is notified by the State Government as a financing institution for the purpose of this Act; (d) "land" shall have the same meaning as assigned to it in the Madhya Pradesh Land Revenue Code, 1959 (No. 20 of 1959); (e) "Nigam" means the Madhya Pradesh Rajya Pashu Dhan Evam Kukkut Vikas Nigam established under section 3; (f) "regulations" means regulations made by the Nigam under section 38; (g) "year" means a period commencing from the 1st July and ending on the 30th June every year. In this Act, unless the context otherwise requires,— (a) "bank" means— (i) a banking company as defined in the Banking Regulation Act, 1949 (No. 10 of 1949); (ii) a scheduled bank as defined in the Reserve Bank of India Act, 1934 (No. 2 of 1934); (iii) a co-operative bank as defined in the Madhya Pradesh Co-operative Societies Act, 1960 (No. 17 of 1961); (b) "Board" means the Board of Directors constituted under section 7; (c) "financing institution" means any statutory body or other body corporate owned or controlled by the Central Government or the State Government and which is notified by the State Government as a financing institution for the purpose of this Act; (d) "Land" shall have the same meaning as assigned to it in the Madhya Pradesh Land Revenue Code, 1959 (No. 20 of 1959); (e) "Livestock" includes cattle, buffaloes, sheep, goats, pigs, horses and such other animals as the State Government may by notification specify; (f) "Nigam" means the Madhya Pradesh Rajya Pashudhan Evam Kukkut Vikas Nigam established under section 3; (g) "regulations" means regulations made by the Nigam under section 38; (h) "year" means a period commencing from 1st July and ending on the 30th June every year. In section 7 of the Madhya Pradesh Rajya Pashudhan Evam Kukkut Vikas Nigam Adhiniyam, 1982 (No. 18 of 1982) (hereinafter referred to as the Principal Act), in sub-section (1), for the existing clause (c), the following clause shall be substituted, namely:— "(c) Four non-official Directors and non-official Directors shall be in the category of, (a) one Director representing banks or financial institutions; (b) one Director having special knowledge and experience in respect of livestock and poultry; (c) one Director having experience in respect of matters relating to livestock and poultry; (d) two Directors belonging to scheduled castes or scheduled tribes having special experience in respect of matters relating to livestock and poultry; (e) one Director representing the Jawaharlal Nehru Krishi Vishwavidyalaya. (5) The Chairman or a Director shall hold office during the pleasure of the authority appointing him but the term of his office shall not exceed three years from the date of his appointment: Provided, however, that he may resign his office at any time by writing under his hand addressed to the State Government and the office of the Chairman or a Director, as the case may be, shall become vacant on the date of acceptance of his resignation. (6) In the event of the death, resignation or disqualification or removal of Chairman or a Director, the vacancy shall be filled up by appointment as soon as possible.".