Ordinary capital

(1) The State Government shall, as soon as may be after the issue of the notification under sub-section (4) of Sec. 1, constitute by notification in the Official Gazette, a State Electricity Board under such name as shall be specified in the notification. (2) The Board shall consist of not less than three and not more than seven members appointed by the State Government. (3) [Omitted] (4) Of the members, - (a) One shall be a person who has experience of, and has shown capacity in, commercial matters and administration; (b) One shall be an electrical engineer with wide experience; and (c) One shall be a person who has experience of accounting and financial matters in a public utility undertaking, preferably electricity supply undertaking. (5) One of the members possessing any of the qualifications specified in subsection (4) shall be appointed by the State Government to be the Chairman of the Board. (6) A person shall be disqualified from being, appointed or being a member of the Board if he is a Member of Parliament or of any State Legislature or any local authority. (7) No act done by the Board shall be called in question on the ground only of the existence of any vacancy in, or any defect in the constitution of, the Board.