Pension Fund Regulatory and Development Authority (Redressal of Subscriber Grievance) Regulations, 2015Central Regulations · 2013
A person shall not be qualified to hold the office of the Ombudsman if he -
(i) is an un-discharged insolvent ;
(ii) has been convicted of an offence involving moral turpitude;
(iii) has been found to be of unsound mind and stands so declared by a competent court;
(iv) has been charge sheeted for any offence including economic offences ; or
(v) has been a whole-time director in the office of an intermediary under the National Pension System or any other pension scheme regulated by the Authority and a period of at least three years has not elapsed from the date of his cessation as such director.
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