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State Financial Corporations Act, 1951

13. Removal of Director from office

The State Government may remove from office any Director who-

(a) is, or has become, subject to any of the disqualifications mentioned in section 12; or

(b) without excuse sufficient in the opinion of the State Government to exonerate it, is absent without leave of the Board from more than three consecutive meetings of the Board.

State Financial Corporation Act, 1951 Back

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