Term of office; disqualifications and removal of members

(1) A person shall be disqualified for being appointed as a Chairman or member of the Board if he— (a) is of unsound mind; (b) is an undischarged bankrupt or uncertified insolvent; (c) has, directly or indirectly, by himself or by any partner, any share or interest in any employment or control, as the case may be, "with the Board", or on behalf of or by the Board; (d) is a Director, Secretary, Manager or other salaried officer of any company which has any share or interest in any employment or control, as the case may be, "with the Board" or on behalf of or by the Board, or (e) is, or has been convicted of any offence involving moral turpitude. (2) If a member of the Board— (a) becomes subject to any of the disqualifications mentioned in section 4, or (b) remains absent from three consecutive meetings of the Board without the permission of the Chairman, he shall cease to be a member of the Board. (3) The State Government may by notification in the Official Gazette remove any member appointed under sub-section (1) of section 3. (4) The vacancy of a member shall be filled in as presently provided. (5) No disqualification or defect in the appointment of any person as a member of the Board shall vitiate any proceedings of the Board, in which such person has taken part, provided that the number of members participating in the proceedings as members of the Board is not less than the quorum required for the meeting.