Bare Act Search Results

The Road Transport Corporations Act, 1950 Complete Act

State: Delhi

Year: 1950

.....AIR 1990 Kant 182." (ii) Undisputedly, the appointment and the term of office of the Chairman are within the ambit of the rules framed under the Act. The Act has not put any fetter on framing of rules relating to term of office of the Chairman nor does the Act provide any condition for such rules. Thus, the Act does not provide any limitation as to the period for the term of office of the Chairman; Binoy Kumar Mohanty v. State of Orissa, AIR 1981 Ori 13." 1. Subs. by Act 63 of 1982, sec. 3, for section 5 (w.e.f. 13-11-1982)." 6. Disqualification for being chosen as, or being, a 1[Director of a Corporation]. " [(1)] A person shall be disqualified for being chosen as, or for being, a 1[Director of a Corporation]" (a) if he is found to be a lunatic or a person of unsound mind; or" (b) if he has been adjudged insolvent; or" (c) if he has been convicted of an offence involving moral turpitude; or" (d) if he has, directly or indirectly, any interest in any subsisting contract made with, or in any work being done, for, the Corporation except as a shareholder (other than a director) in an incorporated company, provided that where he is a shareholder he shall disclose.....