(1)
(2)
[ Where a registered society has invested any part of its funds in the shares of, or is a member of, another registered society (which latter society hereinafter in this sub-section referred to as such other society)-
(3)
Save as provided in the foregoing sub-sections, no member of a registered society shall vote by proxy.
(4)
[ Notwithstanding anything contained in this Act, the nominee of the Government or the nominee of the financing bank to the board of a registered society shall not be entitled to vote at, or contest for, any election in any registered society in his capacity as such member of that board.] [Substituted by Tamil Nadu Act No. 4 of 2013 dated 23.2.2013 w.e.f. 31.1.2013.]