Eligibility criteria for Chief Executive restrict appointments for underage, overage except by special resolution, insolvent or convicted. The amendment bars appointment or continuation of a Chief Executive who is under twenty one or at or above seventy years (with a special resolution exception for appointments above seventy), who is an undischarged or adjudged insolvent, who has been convicted and sentenced for more than six months, or who fails to meet fit and proper criteria determined by the Central Registrar for credit societies or prescribed education and experience for non credit societies.
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Provisions expressly mentioned in the judgment/order text.
Eligibility criteria for Chief Executive restrict appointments for underage, overage except by special resolution, insolvent or convicted.
The amendment bars appointment or continuation of a Chief Executive who is under twenty one or at or above seventy years (with a special resolution exception for appointments above seventy), who is an undischarged or adjudged insolvent, who has been convicted and sentenced for more than six months, or who fails to meet fit and proper criteria determined by the Central Registrar for credit societies or prescribed education and experience for non credit societies.
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