BANKS AND OTHER FINANCIAL INSTITUTIONS ACT, 2020
Section 109: Resignation and Removal of Members of the Tribunal.
(1) A member of the Tribunal may, by notice in writing under his hand addressed to the President through the National Judicial Council, resign from office.
(2) A member of the Tribunal may be removed from office by an order made by the President on the recommendation of the National Judicial Council based on any of the grounds referred to in section 108 of this Act and after such member has been given a fair hearing, or on the ground of a proven charge of misbehaviour or incapacity after due inquiry has been made and the member concerned has been informed of the charge against him and given an opportunity of being heard in respect of the charge.
Cite this section
Section 109, BANKS AND OTHER FINANCIAL INSTITUTIONS ACT, 2020 (2020).
https://repo.podus.ai/laws/banks-and-other-financial-institutions-act-2020/section/109/