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Which of the following are grounds provided by model articles for a director being compelled to leave office? (1) Becoming bankrupt; (2) Entering into an arrangement with personal creditors; (3) Becoming of unsound mind; (4) Resigning by notice in writing; (5) Being absent from board meetings for two consecutive months without obtaining leave of absensce. A. 1, 3 and 4 only. B. 3, 4 and 5 only. C. 1, 2, 3 and 4 only. D. 1, 3, 4 and 5 only. |