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[Cites 0, Cited by 0] [Section 13] [Entire Act]

Union of India - Subsection

Section 13(1) in Energy Conservation (Venture Capital Fund for Energy Efficiency) Rules, 2017

(1)A Trustee shall cease to be the trustee if he:-
(a)resigns or dies; or
(b)becomes an undischarged insolvent; or
(c)becomes unsound mind and stands so declared by a competent court; or
(d)refuses to act or becomes incapable of acting; or
(e)has been absent without obtaining leave of absence from three consecutive meetings of the Board of Trustees; or
(f)is found guilty by the Competent Court of Law of an offence involving moral turpitude; or
(g)is found to have acted against the interest of the Trust.