Assertion: disqualification | /r/HasProperty | specified in sub-section
Facets:
Source sentences:
text: Further, as per Section 167 (2) — if a person, functions as a director even when he knows that the office of director held by him has become vacant on account of any of the disqualifications specified in sub-section (1), he shall be punishable with imprisonment for a term which may extend to one year or with fine which shall not be less than one lakh rupees but which may extend to five lakh rupees, or with both.