Disqualifications for being a member of board.

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....ent court to be insolvent ^1[or has been a director of an insolvent company] or of unsound mind; (b) is concerned or participates in the profits of any contract with the society; (c) has been convicted for an offence involving moral turpitude; (d) holds any office or place of profit under the society: Provided that the Chief Executive or such full‑time employee of the society as may be notified by the Central Government from time to time or a person elected by the employees of such society to represent them on the board of such society shall be eligible for being chosen as, or for being, a member of such board; (e) has been a member of the society for less than twelve months immediately pre....

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....rd Schedule]; (i) is retained or employed as a legal practitioner on behalf of or against the multi‑State co‑operative society, or on behalf of or against any other multi‑State co‑operative society which is a member of the former society. Explanation.-For the purposes of this clause, "legal practitioner" has the same meaning as in clause (i) of sub‑section (1) of section 2 of the Advocates Act, 1961 (25 of 1961); (j) has been convicted for any offence under this Act; (k) is disqualified for being a member under section 29; (l) has been expelled as a member under section 30; (m) absents himself from three consecutive board meetings and such absence has not be....

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....are the financial statement and present the same in the annual ^6[general meeting; or]. ^7[(d) to make contribution to the co-operative education fund referred to in clause (b) of sub-section (1) of section 63 or the Co-operative Rehabilitation, Reconstruction and Development Fund established under section 63A; or (e) to file annual return specified in section 120 within the time specified therein; or (f) to get the audit of the society conducted within six months of the close of the financial year to which such account relate: Provided that before taking any action under this sub-section, he shall be given an opportunity of being heard by the Central Registrar.]     *******....