A member who is directly or indirectly concerned or interested in any contract, loan, arrangement or propose entered into or proposed to be entered into by or on behalf of the Corporation shall at the earliest possible opportunity disclose the nature of his interest to the Corporation and shall not be present at any meeting thereof when any such contract, loan. Arrangement or proposal is discussed unless his presence is required by other members for the purpose of eliciting information, and no member so required to be present shall vote on any such contract, loan, arrangement or proposal.
Section 12: Disqualification for participation in proceedings on account of interest
Uttar Pradesh Forest Corporation Act 1974State Act of Uttar Pradesh · Act 4 of 1975
Where this provision sits
| Act | Uttar Pradesh Forest Corporation Act 1974 |
|---|---|
| Section | 12 |
| Marginal note | Disqualification for participation in proceedings on account of interest |
| Jurisdiction | State of Uttar Pradesh |
| Status | In force as published by the source |
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