Companies Act, 2013

Section - 417 - Removal of Members

Removal of Members.

417. (1) The Central Government may, after consultation with the Chief Justice of India, remove from office the President, Chairperson or any Member, who-

(a)-has been adjudged an insolvent; or
(b)-has been convicted of an offence which, in the opinion of the Central Government, involves moral turpitude; or
(c)-has become physically or mentally incapable of acting as such President, the Chairperson, or Member; or
(d)-has acquired such financial or other interest as is likely to affect prejudicially his functions as such President, the Chairperson or Member; or
(e)-has so abu .... To read the full section download the app from Google Play store