Amendment status not verified — confirm the current text below against the official source.
Cessation of 19[Director].— (1) If a 20[director]— (a) becomes, subject to any of the disqualifications mentioned in section 5, or (b) tender his resignation in writing to, and such resignation is accepted by, the State Government, or 15 Substituted by (Amendment) Act 10 of 1991. 16 Substituted by (Amendment) Act 10 of 2006. 17 Substituted by (Amendment) Act 10 of 2006. 18Substituted by (Amendment) Act 10 of 1991. 19 Substituted by (Amendment) Act 10 of 1991. 20 Substituted by (Amendment) Act 10 of 1991. 21 Substituted by (Amendment) Act 10 of 1991. 22 Substituted by (Amendment) Act 10 of 1991. (c) is absent without the Corporation’s permission from three consecutive meetings of the Corporation, or from all meetings of the Corporation for three consecutive months, or (d) is convicted of an offence involving moral turpitude,— he shall cease to be a 21[director] of the Corporation. (2) The State Government may by order suspend from office for such period as it thinks fit, or remove from office any 22[director] of the Corporation, who in its opinion— -5- (a) has refused to act, or (b) has become incapable of acting, or (c) has so abused his position as 23[director] as to render his continuance on the Corporation detrimental to the interest thereof or of the general public, or is otherwise unfit to continue as a 24[director]: — (d) is otherwise unfir to continue as a member: Provided that, a 25[director] shall not be suspended or removed from unless he has been given reasonable opportunity to show cause against the order.