Section 10Section 10

s. 10

10 No person shall be or shall continue to be a [Chairman and 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 any offence which, in the opinion of the Government, is an offence involving moral turpitude; (d) is a minor; [***] [(e) is declared as a defaulter by a competent court in repaying any loan taken by him from any bank or financial institutions; (f) is engaged in any profession or business connected with the interest of the corporation directly or indirectly; or (g) absents himself from 3 (three) consecutive meetings without reasonable excuse, the Government may remove him by an order.]

1. 11. The words “Chairman and a” were inserted before the word “Director” by section 9(a) of Bangladesh Parjatan Corporation (Amendment) Act, 2022 (Act No. 11 of 2022).
2. 12. The word “or” was omitted by section 9(b) of Bangladesh Parjatan Corporation (Amendment) Act, 2022 (Act No. 11 of 2022).
3. 13. Sub-clause (e), (f) and (g) were substituted by section 9(c) of Bangladesh Parjatan Corporation (Amendment) Act, 2022 (Act No. 11 of 2022).