THE JAMMU AND KASHMIR DEVELOPMENT ACT, 1970
Section 22D. Disqualifications.
A person shall be disqualified for being nominated as a Director of the Corporation, if he—
(a) is an employee of the Corporation, not being the Managing Director thereof, or
(b) is of unsound mind and stands so declared, by a competent court, or
(c) is an undischarged insolvent.
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