Amendment status not verified — confirm the current text below against the official source.
(1) The Corporation shall consist of a Chairman and Constitu- such number of other members, not exceeding ten, as the tion of the Corpora- State Government may think fit to appoint. tion. (2) The State Government may, if it so thinks fit, appoint one of the other members as the Vice-Chairman of the Corporation. (3) Rules made under this Act shall provide for the representation of the State Government in the Corporation and in the event of the capital of the Corporation being raised by the issue of shares to other parties, provision shall also be made for the representation of such share-holders in the Corporation and the manner in which the representatives shall be elected by such share-holders. 2 The West Bengal Development Corporation Act, 1954. [West Ben. Act Resigna- tion of Chairman and members. Removal from office of Chair- man or member. Validity of ants and proceed- hags. Transac- tion of business. Adminis- trative Officer and Chief Accounts Officer and other staff. • (Sections 5-9.) (4) The term of office of, and the manner of filling casual vacancies among, the members of the Corporation shall be such as may be prescribed.