(1) The Government may, on the recommendation of the Board and after making such further inquiry, if any, as it may think fit to make, remove any member of the Board or of any Committee appointed under this Act, from office, if such member has been convicted of an offence involving moral turpitude or has been guilty of any disgraceful conduct which in the opinion of the Board renders him unfit to be continued as a member or an undischarged insolvent or declared physically disabled by any medical authority as Government may specify or adjudged to be of unsound mind by a competent authority or acting in any manner detrimental to the aims and objectives of the Board:
Provided that, no such recommendation shall be made by the Board, unless the member to whom it relates has been given a reasonable opportunity of showing cause why such recommendation should not be made.
(2) The name of any member who has been removed from office under sub-section (1) shall be published by the Board in the Official Gazette.
18[17 A. Removal of Chairman.— The Government may, after inquiry as deemed necessary by a retired judge of the High Court, remove from office the Chairman of the Board, if he/she,—
(a) has been convicted of an offence involving moral turpitude; or
(b) has been found guilty of any lapse, misconduct, misbehavior or disgraceful conduct which in the opinion of the Government renders him unfit to be continued as Chairman;
or
(c) has been adjudged as undischarged insolvent; or
(d) has been declared physically disabled by any medical authority as the Government may specify in this behalf; or 12
(e) has been adjudged to be of unsound mind by a competent authority; or
(f) has been acting in any manner detrimental to the aims and objects of the Board.]