Constitution of provisional committees

Notwithstanding anything contained in this Act in respect of a specified society registered before or after the date of commencement of this Act and where the first general meeting of all persons who joined in the application for registration of the society is to be held on or after the date of commencement of this Act, a provisional committee shall be constituted in accordance with rule 59 of the Maharashtra Co-operative Societies Rules, 1961; and the members of the provisional committee so constituted shall hold office during the period this Act is in force.