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Answer» The office of a Director shall automatically become vacant in the following ways: - Any disqualification: A person cannot be appointed as a director if he is of unsound mind or insolvent or convicted by the court.
- Absentee at Board meeting: Director who has been absent in the meeting of the board of directors held during the period of 12 months with or without taking leave of absence of the Board.
- Disqualification by Court or Tribunal: Director has to vacate office if he has been disqualified by an order of a court or the Tribunal.
- Provision of the Act: Director has to vacate office if he is removed under the provisions of the Companies Act.
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