Section 10Central ActRP Act, 1951
Section 10: Disqualification for office under Government company.
A person shall be disqualified if, and for so long as, he is a managing agent, manager or secretary of any company or corporation (other than a co-operative society) in the capital of which the appropriate Government has not less than twenty-five per cent. share.
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Sec 9A — Disqualification for Government contracts, etc.
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