Amendment of section 167

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Full Text of the Document

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....) of section 164, the office of the director shall become vacant in every company, where he is a director (including the company which is in default under that sub-section), after six months from the date of incurring such disqualification or upon expiry of his tenure in such company, whichever is earlier. Explanation.--For the purposes of this clause, the date of incurring the disqualifi....