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      Question

      Under Section 15(1), after submitting resignation, how

      long must the Presiding Officer/Chairperson continue in office unless permitted to relinquish earlier?
      A One month from the date of the resignation letter Correct Answer Incorrect Answer
      B Two months from the date of receipt of the notice Correct Answer Incorrect Answer
      C Six months from the date of the resignation letter Correct Answer Incorrect Answer
      D Three months from date of receipt of notice, or until successor joins, or expiry of term - whichever is earliest Correct Answer Incorrect Answer
      E As specified by the Central Government on a case-by-case basis Correct Answer Incorrect Answer

      Solution

      Section 15(1) provides that the Presiding Officer or DRAT Chairperson may resign by notice in writing to the Central Government. Unless permitted to relinquish sooner, the officer must continue until whichever is earliest among: (i) expiry of three months from the date of receipt of the notice; OR (ii) a duly appointed successor enters upon office; OR (iii) expiry of the term of office. The 3-month mandatory continuation ensures continuity of tribunal functioning, as sudden vacancies could suspend hundreds of pending debt recovery cases. This safeguard reflects the critical role DRTs play in protecting the financial health of banks and financial institutions.

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