LawgistThe Faridabad Development Corporation Act
6Disqualification for being appointed, or for continuing as, member of the Corporation
A person shall be disqualified for being appointed or for continuing as a member of the Corporation if he has, directly or indirectly, any interest in a subsisting contract made with, or in any work being done, for, the Corporation except as a shareholder (other than a director) in an incorporated company:
Provided that where he is a shareholder, he shall disclose to the Central Government the nature and extent of shares held by him in such company.
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All sections
- 1 Short title
- 2 Definitions
- 3 Incorporation
- 4 Constitution of the Corporation
- 5 Term and conditions of service of member
- 6 Disqualification for being appointed, or for continuing as, member of the Corporation
- 7 Temporary absence of any member
- 8 Vacancies amongst members or defect in the constitution not to invalidate acts or proceedings of the Corporation
- 9 Committees of the Corporation
- 10 Meetings of the Corporation
- 11 Authentication of orders and other instruments of the Corporation
- 12 Appointment of Administrator and other officer of the Corporation
- 13 General duty of the Corporation
- 14 Powers of the Corporation
- 15 Capital of the Corporation
- 16 Grants and loans to the Corporation
- 17 Vesting of property in the Corporation
- 18 Repayment of capital and loan with interest
- 19 Corporation to have rights and liabilities of the Central Government in certain cases
- 20 Fund of the Corporation
- 21 Provision for depreciation and reserve and other funds
- 22 Power of the Corporation to spend
- 23 Budget
- 24 Annual report
- 25 Accounts and audit
- 26 Amount due to the Corporation to be first charge
- 27 Direction
- 28 Returns and reports
- 29 Mode of recovery of moneys due to the Corporation
- 30 Delegation of powers
- 31 Members and officers of the Corporation to be public servants
- 32 Removal of disqualification for membership of Parliament
- 33 Bar of legal proceedings
- 34 Validation of certain transactions
- 35 Power to remove difficulties
- 36 Power to make rules
