Amendment status not verified — confirm the current text below against the official source.
Disqualification for being a member of Trustee Committee. - A person shall be disqualified for being nominated or appointed as; and for being a member of; the Trustee Committee ifhe- (a) becomes of unsound mind; or (b) is adjudged insolvent; or (c) is absent without leave of the Trustee Committee for more than three consecutive meetings ofthe Trustee Committee; or (d) is a defaulter to the fund (in case he is a member of the fund) or has committed breach oftrust; or (e) is convicted by a criminal Court for an offence involving moral turpitude or an economic offence unless such conviction has been set aside; 6 Resignation by nominated Members of Trustee Committee. - A nominated member may resign his office by a notice in writing to the Chairman of the Trustee Committee and it shall be deemed to have been accepted as soon as it is so tendered as to be out of the reach or control ofthe tenderer. 7 Filling up of casual vacancy.- A casual vacancy in the office of a member may be filled up; as soon as may be and a member so nominated to fill such vacancy shall hold office for the unexpired portion of the term of office of the member whose place he fills.