Bare ActsThe Companies Act, 2013

Section 416

Resignation of Members.

Amendment status not verified — confirm the current text below against the official source.

The President, the Chairperson or any Member may, by notice in writing under his hand addressed to the Central Government, resign from his office: Provided that the President, the Chairperson, or the Member shall continue to hold office until the expiry of three months from the date of receipt of such notice by the Central Government or until a person duly appointed as his successor enters upon his office or until the expiry of his term of office, whichever is earliest.

Amended up to 2019-04-22View on India Code →
Section 416 – The Companies Act, 2013 | DailyLaw.ai