What are the conditions under which a board may be superseded or suspended?
The board may be superseded or suspended in the following cases: (i) persistent default; (ii) negligence in the performance of its duties; (iii) the board has committed any act prejudicial to the interests of the co-operative society or its members; (iv) there is stalemate in the constitution or functions of the board; or (v) the authority or body as provided by the Legislature of a State, by law, under clause (2) of article 243ZK, has failed to conduct elections in accordance with the provisions of the State Act.