https://www.taxtmi.com/acts?id=39189 Vacation of office by directors of a Producer Company is triggered by specified disqualifying events including conviction for moral turpitude with imprisonment above a threshold, defaults in repayment of advances or loans to or from the company, failure to file annual accounts and returns for a continuous period, prolonged failure to repay deposits or pay dividends, default in holding elections as required, and failure to call statutory general meetings; these grounds also apply, as far as practicable, to directors of Producer Institutions that are members of a Producer Company. en-us Sat, 03 Oct 2020 17:55:12 +0530 Tue, 16 Dec 2025 14:48:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39189 Vacation of office by directors of a Producer Company is triggered by specified disqualifying events including conviction for moral turpitude with imprisonment above a threshold, defaults in repayment of advances or loans to or from the company, failure to file annual accounts and returns for a continuous period, prolonged failure to repay deposits or pay dividends, default in holding elections as required, and failure to call statutory general meetings; these grounds also apply, as far as practicable, to directors of Producer Institutions that are members of a Producer Company. Act-Rules Companies Law Sat, 03 Oct 2020 17:55:12 +0530 https://www.taxtmi.com/acts?id=39189