No member of any or nominee member society of a national state cooperative society shall be eligible for chosen as, or for being, a member of the board of such multi state society member(a) has been adjudged by a competent court to be insolvent or of urns mind(b) is concerned or participates in the profits of any contract society ; (c) has been convicted for an offence involving moral turpitude; (d) holds any office or place of profit under the society provided that the Chief Executive or such full-time employee of cooperative societies as may be notified by the Central Government from time or a person elected by the employees of such society to repress them on the board of such society shall be eligible for being chose or for being, a member of such board; (e) has been a member of the society for less than twelve immediately preceding the date of such election or appointment. (f) has interest in any business of the kind carried on by the society which he is a member; (g) has taken loan or goods on credit from the cooperative society of which he is member, or is otherwise indebted to such society and after the notice of default issued to him by such society, has defaults (i) in repayment of such loan or debt or in payment of the price goods taken on credit, as the case may be, within the date fixed such repayment or payment or where such date is extended for credit cooperative society or any society in no case shall exceed six months, within the date so extended ; (ii) when such loan or debt or the price of goods taken on credit is paid in statement in payment of any in statement, and the am in default or any part thereof has remained unpaid on the months from the date of such default provided that a member of the board who has ceased to hold of such under this clause shall not be eligible, for a period of one year. At this website url, you can enhance your knowledge on registration of society act.