Amendment status not verified — confirm the current text below against the official source.
Constitution of Board.- (1) The Board of Directors shall consist of the 2[Chairman-cum-Managing Director], Vice-Chairman, 3[x x x] and the following other directors, namely:- (a) the Secretary to the Government in the 4[Sainik Welfare Department] or his nominee, ex-officio; (b) the Secretary to the Government in the Finance Department or his nominee, ex-officio; (c) the 5[Secretary (Agriculture) to the Government of Himachal Pradesh] or his nominee ex-officio; (d) the Director of Industries, Himachal Pradesh or his nominee, ex-officio; 6[(e) five other Directors to be nominated by the State Government, not less than three of whom may be ex- servicemen.] 7[(2) The Chairman-cum-Managing Director shall be an ex- servicemen holding a Class I post while in service. The Vice-Chairman shall be non-official person. The Chairman-cum-Managing Director and the Vice- Chairman shall be appointed by the Government and shall hold office during the pleasure of the Government. (3) The Directors referred to in clause (e) of sub-section (1) shall hold office during the pleasure of the Government.] 8[(4) X X X X X] 1(5) X X X X X]