The Insolvency and Bankruptcy Code
190Removal of member from office
The Central Government may remove a member from office if he—
(a) is an undischarged bankrupt as defined under Part III;
(b) has become physically or mentally incapable of acting as a member;
(c) has been convicted of an offence, which in the opinion of the Central Government involves moral turpitude;
(d) has, so abused his position as to render his continuation in office detrimental to the public interest:
Provided that no member shall be removed under clause (d) unless he has been given a reasonable opportunity of being heard in the matter.
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CHAPTER I THE INSOLVENCY AND BANKRUPTCY BOARD OF INDIA
- 188 Establishment and incorporation of Board
- 189 Constitution of Board
- 190 Removal of member from office
- 191 Powers of Chairperson
- 192 Meetings of Board
- 193 Member not to participate in meetings in certain cases
- 194 Vacancies, etc., not to invalidate proceedings of Board, Officers and employees of Board
- 195 Power to designate financial sector regulator