Certain persons not to be appointed managers.

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..... 85. (1) No company shall, after the commencement of this Act, appoint or employ, or continue the appointment or employment of, any person as its manager who (a) is an undischarged insolvent, o .....

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..... involving moral turpitude. (2) The Central Government may, by notification in the Official Gazette, remove the disqualification incurred by any person in virtue of clause (a), (b) or (c) of sub-sec .....

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