Amendment status not verified — confirm the current text below against the official source.
Disqualification for being elected or continued as director.- (1) A person shall be disqualified for being elected or continued as director of the Federal Co-operative, if such person,- (i) has at any time lost the right to vote as a member or to continue as such; or (ii) has not been a voting member of the Federal Co-operative for a period of atleast two years, immediately preceeding the year of election; or (iii) incurs any other disqualification specified in the bye-laws of the Federal Co-operative; or (iv) absents himself from three consecutive board meetings or general meetings without leave of absence; or 1 [(v) is convicted for an offence involving moral turpitude under any law for the time being in force or for an offence committed under this Act.] 1