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2019 (1) TMI 1983 - Tri - Companies LawSeeking condonation of delay of 22 days in filing Company Scheme Petition - compromise or arrangement - Rule 15 of the Amalgamation Rules - HELD THAT:- Rule 15 sub-clause 3 provides that where the company fails to present the petition during the prescribed period, then with the leave of the Tribunal, Petition can be filed on payment of cost. There is a delay of 22 days in filing Company Scheme Petition - Application allowed under Rule 15(3) of Amalgamation Rules, subject to payment of Rs.2,000/- as cost, which shall be paid in the account of Prime Minister National Relief Fund and allow the Petitioner to file the Company Scheme Petition within seven days from today.
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