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2019 (8) TMI 1555 - Tri - Companies LawCondonation of delay of filing the main Company Petition - sufficient reason shown for delay or not - HELD THAT:- The joint applicant was not able to file the Petition on time prescribed by the Rule as the authorised signatory of Transferee Company had medical emergency and was unavailable to sign the joint petition. On above situation, the Transferee Company had to get the signature of one of the other Director of the Company who was not easily accessible and the same caused a delay of one day, filing the Petition on 03.07.2019, where the due date as per the Rule wa.s on 02.07.2019 The application is allowed by condoning the delay in filing the main CP.
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