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of <h1>NCLT/NCLAT member resignations: written notice to Central Government triggers up to 3-month transition, ensuring continuity</h1> Permits the President, Chairperson, or any Member of the NCLT or NCLAT to resign by submitting a written notice addressed to the Central Government. The resignation does not take immediate effect; the office-holder continues in office until the earliest of three months from the Central Government's receipt of the notice, the assumption of office by a duly appointed successor, or the expiry of the incumbent's term, thereby ensuring continuity of tribunal functioning during the transition period.
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