22. Person who may become member.

(a) an individual, who is competent to contract under the Indian Contract Act, 1872 (IX of 1872);
(b) a firm, company, [or any other body corporate constituted under any law for the time being the force] or a society registered under the Societies Registration Act, 1860 (XXI of 1860);
(c) a society registered, or deemed to be registered, under this Act;
(d) the State Government;
[(e) a local authority;
(f) a public trust registered or deemed to have been registered under Bombay Public Trusts Act, 1850; (Bombay XXIX of 1950)] :
[(g) a group of the individuals eligible under clause (a), whether incorporated or not and whether established or not by or under any law :]