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Under section 416 of the Companies Act, 2013, a resigning President or Member of the NCLT continues in…

For a resigning NCLT President or Member, section 416 continues service until three months after the Central Government receives the written notice, the successor’s entry…

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Under section 416 of the Companies Act, 2013, a resigning President or Member of the NCLT continues in office until:

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Correct answer D

For a resigning NCLT President or Member, section 416 continues service until three months after the Central Government receives the written notice, the successor’s entry into office, or expiry of the term, whichever occurs first.

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