Section 11Section 11

s. 11

11 No person shall be or shall continue to be a Director who- (a) is or at any time has been adjudicated insolvent; (b) is found to be a lunatic or of unsound mind; (c) is or at any time has been convicted of an offence which, in the opinion of the Government, is an offence involving moral turpitude; (d) is a minor, or (e) absents himself from three consecutive meetings of the Board without leave of absence granted by the Chairman, or, in the case of the Chairman, by the Government.