Disqualifications of directors as per section 94 of the Companies Act 1994:
(1) A person shall not be capable of being appointed director of a company, if -
(a) he has been found to be of unsound mind by a competent court and the finding is in force; or
(b) he is an undischarged insolvent; or
(c) he has applied to be adjudicated as an insolvent and his application is pending; or
(d) he has not paid any call in respect of shares of the company held by him, whether alone or jointly with others, and six months have elapsed from the last day fixed for the payment of the call; or
(e) he is a minor.
(2) A company may in its articles provide additional grounds for disqualification of a director.
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