Gujarat Co-operative Societies Act, 1961
[1][(1)] The State Government may subscribe directly to the share capital of a society with Limited liability: [2][ Provided that in the case of societies in the co-operative credit structure, the Stale Government shall not subscribe for more than twenty-five per cent. of the total share capital and the State Government or the society shall have the option to reduce the share capital contributed by the State Government.] (2) The share capital subscribed by the State Government under sub-section (1) shall not be returned to the State Government by a society except with the previous sanction of the Government.