Companies Act, 2013

Section - 167 - Vacation of office of director

Vacation of office of director.

167. (1) The office of a director shall become vacant in case-

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(a)-he incurs any of the disqualifications specified in section 164:
-[Provided that where he incurs disqualification under sub-section (2) of section 164, the office of the director shall become vacant in all the companies, other than the company which is in default under that sub-section;]
(b)-he absents himself from all the meetings of the Board of Directors held during a period of twelve months with or without seeking leave of absence of the Board;
(c)-he acts in contravention of the provisions of section 184 relating to entering into contracts or arrangements in which he is directly or indirectly interested;
(d)