Ineligible or Disqualified definition

Ineligible or Disqualified means ineligible or disqualified as contemplated in the Companies Act (a list of which is in Schedule 4 for easy reference but which does not form part of this MOI for purposes of interpretation) or as contemplated in clause 23.1.11 which shall apply not only to Directors and Alternate Directors but also to members of Board committees and members of Audit committees and Prescribed Officers and the Company Secretary;

Ineligible or Disqualified means ineligible or disqualified as contemplated in the Companies Act (as set out in Schedule 2 for easy reference but which does not form part of this MOI for purposes of interpretation), which shall apply not only to Directors, but also to the Prescribed Officers and the secretary of the Company;

Ineligible or Disqualified means ineligible or disqualified as contemplated in the Companies Act, which shall apply not only to Directors but also to members of Board committees and statutory committees and Prescribed Officers and the Company secretary of the Company;

Examples of Ineligible or Disqualified in a sentence

• A Person who is Ineligible or Disqualified must not consent to be appointed as a member of a Board committee nor act as such a member.

• A member of a Board committee shall cease to hold office as such immediately he becomes Ineligible or Disqualified in terms of the Companies Act.

• A Person who is Ineligible or Disqualified must not consent to be elected as a Director or Alternate Director nor act as a Director or Alternate Director.

• A Person who is Ineligible or Disqualified must not consent to be elected as a member of the Audit committee nor act as a member of the Audit committee.

• A Person who is Ineligible or Disqualified must not consent to be appointed to an office or undertake any functions which would result in him being a Prescribed Officer nor act in such office nor undertake any such functions.

More Definitions of Ineligible or Disqualified

Ineligible or Disqualified means ineligible or disqualified as contemplated in the Companies Act (a list of which is in Annexure A for easy reference but which does not form part of this MOI for purposes of interpretation);

Ineligible or Disqualified means ineligible or disqualified as contemplated in the Companies Act (a list of which is in Schedule 2 for ease of reference, which does not form part of this MOI for purposes of interpretation)which shall apply not only to Directors but also to members of Board committees and members of statutory committees, Prescribed Officers and the secretary of the Company;

Ineligible or Disqualified means, in respect of any Director, members of a Board Committee and/or Prescribed Officers, ineligible or disqualified as contemplated in the Companies Act;

Ineligible or Disqualified means, as regards Directors, members of Board committees and Prescribed Officers, those persons who are ineligible or disqualified as contemplated in the Companies Act (a list of which is in Schedule 2 for ease of reference but which does not form part of this MOI for purposes of interpretation);

Ineligible or Disqualified means ineligible or disqualified as contemplated in the Act;

Ineligible or Disqualified means ineligible or disqualified as contemplated in clause 26.2, which shall apply not only to Directors and Alternate Directors but, insofar as is lawful, also to members of Board committees and members of Audit Committees and Prescribed Officers and the secretary of the Company;

Ineligible or Disqualified means ineligible or disqualified as contemplated in the Companies Act (a list of which is in Annexure B) shall apply not only to Directors but also to members of Board committees and Prescribed Officers;