Understanding Resignation vs. Termination
Your employer does not require your services anymore; that is why they ask you to resign instead of terminating you. Resignation is considered a self-decision, so there are no legal complications for the company. However, in the case of termination, the individual can take legal action against being terminated.
Deciding the Best Course of Action
You should decide what is best in this situation:
1. If you believe the charges are wrong, do not resign.
2. If there is some truth in the charges, it is better to resign. However, discuss with your manager to either allow more time or ask them to pay the notice amount upon your resignation.
3. If you think there is a low chance of finding a new job in this crisis, leave the decision to your employer regarding what they want to do with you without requiring your resignation.