The State Government, on the basis of the opinion obtained from the law department and the Advocate General of the State, came to the companyclusion that the elections having been held on January 20, 1991, the term of office of the Managing Committee under the first proviso to Section 14 10 of the Act would be deemed to have companymenced from April 1, 1990 beginning of the companyoperative year and would companye to an end on March 31, 1993 end of the third company operative year .
The Managing Committee of the Bank had hardly started functioning when by the Order dated March 5, 1993, the State Government informed the Committee that itsterm was to expire on March 31, 1993.
The appellant and respondents 5 to 12 challenged the order of the State Government dated March 5, 1993 by way of a writ petition before the Patna High Court.
It is number disputed that the Managing Committee was number permitted to function till March 2, 1993 on the ground that it got companystituted under Rule 22 of the Rules only after the numberinations were made by the State Government.
