(1) A member of the Board, not being an ex-officio member, may resign his office by a letter in writing addressed to the Central Government.
1. Subs, by G.S.R. 598, dated 23rd May, 1973.
2. Subs, by G.S.R. 1643, dated 16th October, 1971.
3. Subs, by G.S.R. 520, dated 10th May, 1974.
(2) The office of such a member shall fall vacant from the date on which his resignation is accepted by the Central Government, or on the expiry of thirty days from the date of receipt of the letter of resignation by that Government whichever is earlier.]
6 . Cessation of membership.—If any member of the Board, not being an exofficio member, fails to attend three consecutive meetings of the Board, without obtaining the leave of the Chairman for such absence, he shall cease to be a member of the Board:
Provided that the Central Government may, if it is satisfied that such member was prevented by sufficient cause from attending three consecutive meetings of the Board, direct that such cessation shall not take place and on such direction being made, such member shall continue to be a member of the Board.
7 . Disqualification for membership.—(1) A person shall be disqualified for being re-appointed, and for being a member of the Board,—
(i) if he is of unsound mind and stands so declared by a competent court; or
(ii) if he is an undischarged insolvent; or
(iii) if he has been or is convicted of an offence which, in the opinion of the Central Government, involves moral turpitude.
(2) If a question arises as to whether a disqualification has been incurred under sub-rule (1), the Central Government shall decide the same.
8 . Removal from membership.—The Central Government may remove from office any member of the Board, if in its opinion such a member has ceased to represent the interest which he purports to represent on the Board:
Provided that no such member shall be removed unless a reasonable opportunity is given to him of making any representation against the proposed action.
9 . Vacancy.—When a vacancy occurs or is likely to occur in the membership of the Board the Chairman shall submit a report to the Central Government and on receipt of such report the Central Government shall take steps to fill the vacancy by making an appointment from amongst the category of persons to which the person vacating membership belonged and the person so appointed shall hold office for the remainder of the term of office of the member in whose place he is appointed.