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[Cites 0, Cited by 0] [Section 6] [Entire Act]

State of Maharashtra - Subsection

Section 6(1) in The Maharashtra Godawari Marathwada Irrigation Development Corporation Act, 1997

(1)A person shall be disqualified for being nominated as a non-official member or continue to be such member, if he-
(a)is an employee of the Corporation, except the Executive Director;
(b)is of unsound mind, and stands so declared by a competent Court;
(c)is an undischarged insolvent;
(d)is convicted for an offence involving moral turpitude;
(e)has, directly or indirectly by himself or by any partner, employer or employee, any share or interest, whether-pecuniary or of any other nature, in any contract or employment with, by or on behalf of, the Corporation; or
(f)is a Director, Secretary, Manager or other office of any Company, which has any share or interest in any contract or employment with, by or on behalf of the Corporation:
Provided that, a person shall not be disqualified under clause (e) or clause (f) by reason only of his or the Company of which he is a Director, Secretary, Manager or other officer, having a share or interest in-
(i)any sale, purchase, lease or exchange of immovable property or any agreement for the same;
(ii)any agreement for loan of money or any security for payment of money only;
(iii)any newspaper in which any advertisement relating to the affairs of the Corporation is published.