14. A person shall be disqualified for being appointed or nominated as a member of the Board if he-
(a) has been adjudged by a competent court to be of unsound mind;
(b) is an un-discharged insolvement;
(c) is a discharged insolvent who has not obtained from the court a certificate that his insolvency was caused by misconception without any misconduct on his part;
(d) has been convicted by a court of an offence involving moral turpitude;
(e) directly or indirectly himself or in his partnership;
(i) holds any share or interest in any text book approved by the board or published by or under the authority of the Board, or
(ii) has any interest in any work by order of or in any contract entered into by or on behalf of, the Board, provided that a person who having any share or interest in any text book referred to sub-clause (i) shall not be deemed to have incurred the disqualification under the said sub clause, if five years have elapsed from the date of publication or republication of such Text Books.