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2009 (7) TMI 773 - HC - Companies LawWhether this court in exercise of its powers under second proviso to section 10F of the Companies Act can condone the delay of 43 days in filing the appeal by excluding the period during which the application was pursuing remedy in the Delhi High Court as contemplated under section 5 read with section 14 of the Limitation Act? Held that:- The Company Law Board passed orders on 19-2-2009 and appeal presented in this court on 5-6-2009, is clearly barred under section 10F of the Companies Act. The applicant has not shown any sufficient cause for condonation of delay. He allowed wide ranging structural changes in the management, operations and administration of Satyam and filed the instant appeal, instead of approaching the Company Law Board, for redressal. Therefore, the company appeal miscellaneous petition is dismissed
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