Section 11Disqualifications of Directors

s. 11

11. Disqualifications of Directors No person shall be or shall continue to be a Director who- (a) is or has at any time been convicted of an offence involving moral turpitude; (b) is or has at any time been adjudged insolvent; (c) is found to be a lunatic or becomes of unsound mind; (d) is subject to a disqualification imposed by or under any law for the time being in force to hold any public office; (e) absents himself from three consecutive meetings of the Board without leave of absence of the Government in the case of Chairman or of the Chairman in the case of a Director; or (f) is a minor.