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of <h1>Procedure for Filling Vacancies in Tribunal Leadership Under Section 415 of Companies Act, 2013: Senior Member Steps In Temporarily.</h1> Section 415 of the Companies Act, 2013, addresses the procedure for filling vacancies in the offices of the President or Chairperson of the National Company Law Tribunal and Appellate Tribunal. If a vacancy arises due to death, resignation, or other reasons, the senior-most Member will act as the President or Chairperson until a new appointment is made. Additionally, if the current President or Chairperson is unable to perform their duties due to absence or illness, the senior-most Member will temporarily assume their responsibilities until they can resume their role.
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