Removal of Member from office may be effected for insolvency, incapacity, conviction involving moral turpitude, conflict of interest, or abuse. The Central Government may remove a Member from office for insolvency; physical or mental incapacity; conviction involving moral turpitude; acquisition of ... Summary
Referred In :
International Financial Services Centres Authority (Procedure for Authority Meetings) Regulations, 2020
Removal of Member from office may be effected for insolvency, incapacity, conviction involving moral turpitude, conflict of interest, or abuse.
The Central Government may remove a Member from office for insolvency; physical or mental incapacity; conviction involving moral turpitude; acquisition of financial or other interests likely to prejudice functions; or abuse of position detrimental to public interest, and removal under the conflict-of-interest or abuse grounds requires that the Member be given a reasonable opportunity of being heard.
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