Nominee of central government or state government on the Board has capital of a multi state cooperative society the state government, as the case may be, or any central government or the state government innate on the Board such number of persons as its basis, namely total amount of issued equity share capital held by Government or the state government is less than percent of the total issued equity share capital, of the Board total amulet of issued equity share capital held by Government or the state government is twenty or more but less than fifty one per cent of the total share capital, two members of the board amount of issued equity share capital held by government or the state government is fifty one r more of the total issued share capital, three the Board at the number of such nominated persons shall one-third of the total number of members of the quote there that where the Central Government or a multi has guaranteed the repayment of principal of interest on debentures issued by a multi state society or has guaranteed the repayment of payment of interest on loans and advances to a cooperative society or has given any assistance and other wise to a multi state cooperative society . Central government or the state government in the case may be, or any person authorized by government, shall have the right to nominate Board of such a society in the manner as may teed under this section shall hold office during by which he has been so nominated and corresponding to Section 41 of the multi state cooperative societies Act, 1984 and inserted in the 2002 Act.