Disqualification for membership of committees (for cooperative credit structure society)

Notwithstanding anything contained in section 66, no person shall be elected, nominated or co-opted or allowed to continue as a member of the committee of a co-operative credit structure society, if he (i) is a person who represents a society other than a primary agriculture credit society on the committee of the State Co-operative Bank if such society he represents has committed a default towards the payments of such Bank for a period exceeding ninety days; (ii) is a person who committed a default towards the payments to a primary agricultural credit society or the cooperative land development bank or represents a primary agricultural credit society on the committee of the State Co-operative Bank if such society he represents has committed a default towards the payments of such bank for a period exceeding one year unless the default is cleared ; (iii) is a person, who represents a society whose committee is superseded or has ceased to be a member on the committee of his own society;