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Section 13 – The State Financial Corporation Act,1951

<h2The State Financial Corporation Act,1951

Section 13. Removal of director from office

The State Government may removal from office any director who-

(a) Is, or has become, subject to any of the disqualifications mentioned in section 12; or

(b) Without excuse sufficient in the opinion of the State Government to exonerate it, is absent without leave of the board from more than three consecutive meetings of the Board.

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The State Financial Corporation Act,1951

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