Disqualifications for appointment of director.

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.... and stands so declared by a competent court;           (b) he is an undischarged insolvent;           (c) he has applied to be adjudicated as an insolvent and his application is pending;           (d) he has been convicted by a court of any offence, whether involving mo....

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.... whether alone or jointly with others, and six months have elapsed from the last day fixed for the payment of the call;           (g) he has been convicted of the offence dealing with related party transactions under section 188 at any time during the last preceding five years; or           (h) he has not complie....

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....(3) A private company may by its articles provide for any disqualifications for appointment as a director in addition to those specified in sub-sections (1) and (2):           Provided that the disqualifications referred to in clauses (d), (e) and (g) of sub-section (1) shall not take effect-           (i) for th....