Cos 416 — Resignation of Members

Companies Act, 2013

Statutory text

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.

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