A person shall not be eligible for appointment as a director of a company, if — (a) The director is of unsound mind and stands so declared by a competent court (b) The director is an undischarged insolvent (c) The director has applied for insolvency and the application is pending (d) The director is convicted by a court of any offense and declared imprisonment for not less than six months to a period of five years. (e) An order disqualifying him for appointment as a director has been passed by a court or Tribunal and the order is in force (f) He has not paid any calls in respect of any shares of the company held by him.