Under section 108 of the companies Act, 1994 the office of a director shall become vacant under the following circumstances:
01. If he fails to obtain within the due time qualifications share, if any, necessary for his appointment; or
02. If he is found to be of unsound mind by a competent court; or
03. If he is adjudged an insolvent; or
04. If he fails to pay calls made on him in respect of shares held by him within six months from the date of such calls being made
05. If he absents himself from three consecutive meeting of the director
06. If he acts in contravention of section 10