Chapter IV — STATE FOOD CORPORATIONS

Section 20Disqualification for office of member of board of directors

Section 20: Disqualification for office of member of board of directors

20. Disqualification for office of member of board of directors

A person shall be disqualified for being appointed as, and for being, a member of the board of directors of a State Food Corporation—

(a)

if he is, or at any time has been adjudicated insolvent or has suspended payment of his debts or has compounded with his creditors; or

(b)

if he is of unsound mind and stands so declared by a competent court; or

(c)

if he is or has been convicted of any offence which in the opinion of the Central Government involves moral turpitude; or

(d)

if he has been removed or dismissed from the service of the Government or a corporation owned or controlled by the Government; or

(e)

except in the case of the Chairman or the General Manager, if he is a salaried official of the Food Corporation of India or a State Food Corporation.