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Union of India - Section

Section 9 in The Nationalised Banks (Management And Miscellaneous Provisions) Scheme, 1980

9. [ Term of office of the other Directors.

(1)A Director other than a Director referred to in clauses (a) and (i) of sub-section (3) of section 9 of the Act shall hold office during the pleasure of the Central Government.
(2)Subject to the provisions of sub-clause (1), a Director referred to in clauses (e), (f), (g) and (h) of sub-section (3) of section 9 of the Act shall hold office for such term not exceeding three years as the Central Government may specify at the time of his nomination [* * *] and shall be eligible for re-nomination:Provided that no such Director shall hold office continuously for a period exceeding six years.
(3)Without prejudice to the provisions of sub-clauses (1) and (2), a Director referred to in clause (h) of sub-section (2) of section 9 of the Act shall retire in the manner specified in clause 4.
(4)An elected Director shall hold office for three years [and thereafter until his successor shall have been duly elected] [The words " and thereafter until his successor shall have been duly elected" omitted by S.O. 252(E), dated 19.2.2007 and as corrected by S.O. 335(E), dated 8.3.2007.] and shall be eligible for re-election:Provided that no such Director shall hold office continuously for a period exceeding six years.]