No disqualification of director due to absence from board meetings as there was an implied leave of

CL : In case of a closely held company it can be presumed that there is an implied leave of absence granted to director who has abstained from board meetings and unless it is shown that director absented from three consecutive board meetings without obtaining leave of absence from board, he would not cease to be a director under section 283(1)(g) of Companies Act, 1956