State Act

5

Section 5. Disqualification for 12[Director].

The Dadra and Nagar Haveli and Daman and Diu Industrial Development Act, 1965 (22 of 1965)he Goa Industrial Development Act, 1965

Act no. 22 of 19651965In forceDadra and Nagar Haveli and Daman and Diu (State Act)

5. Disqualification for 12[Director]. — A person shall be disqualified for being nominated as a 13[Director] of the Corporation if he- (a) is an employee of the corporation, not being the 14[Managing Director], or (b) is of unsound mind, and stands so declared, by a competent court, or (c) is an undischarged insolvent, or (d) is convicted of an offence involving moral turpitude within a period of five years immediately before his being nominated as 15[Director].