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[Cites 0, Cited by 655] [Section 167] [Entire Act]

Union of India - Subsection

Section 167(1) in The Companies Act, 2013

(1)The office of a director shall become vacant in case—
(a)he incurs any of the disqualifications specified in section 164;
(b)he absents himself from all the meetings of the Board of Directors held during a period of twelve months with or without seeking leave of absence of the Board;
(c)he acts in contravention of the provisions of section 184 relating to entering into contracts or arrangements in which he is directly or indirectly interested;
(d)he fails to disclose his interest in any contract or arrangement in which he is directly or indirectly interested, in contravention of the provisions of section 184;
(e)he becomes disqualified by an order of a court or the Tribunal;
(f)he is convicted by a court of any offence, whether involving moral turpitude or otherwise and sentenced in respect thereof to imprisonment for not less than six months:
Provided that the office shall be vacated by the director even if he has filed an appeal against the order of such court;
(g)he is removed in pursuance of the provisions of this Act;
(h)he, having been appointed a director by virtue of his holding any office or other employment in the holding, subsidiary or associate company, ceases to hold such office or other employment in that company.