Removal of non-official Directors.

(1) The Government may, by notification, remove any non-official Director of the Board from his office for the following reasons,- (a) if he has, without the permission of the Board, been absent in three consecutive meetings of the Board: Provided that such absence may be condoned by the Board for sufficient reasons before the publication of the notification in the Gazette; or (b) if, in the opinion of the Government, he is ineligible or has become incapable of functioning as Director or has so abused his position as director detrimental to public interest: Provided that before removing a Director under this sub-section, he shall be given a reasonable opportunity to show cause why he should not be removed. (2) A non-official Director of the Board removed under clause (a) of sub-section (1), shall be disqualified for re-nomination as a Director of the Board for a period of three years from the date of his removal, unless otherwise ordered by the Government. (3) A non-official Director of the Board removed under clause (b) of sub-section (1) shall not be eligible for re-nomination until he is declared by an order of the Government to be no longer ineligible.