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2022 (1) TMI 979 - NATIONAL COMPANY LAW TRIBUNAL , GUWAHATI BENCHCondonation of delay of 3696 days in filing petition - Continued negotiations, did not settle - process of settlement was turned down with no positive response, for which the petition got more delayed - sufficient cause or not - HELD THAT:- The causes for delay in filing the Application as mentioned by the Applicant, such as continuation of negotiations/further negotiations with the Respondents for seven years, writing letters to the Respondents, ill health, cases filed in other forums, lack of legal knowledge, are not only sufficient but also not convincing at all to condone the delay of such a long period of 3696 days i.e. around 10 years from the reported cause of action in filing the Petition before this Bench under Section 59 of the Companies Act 2013. Rather it is found inaction on the part of the Petitioner for seven years in not filing the Application before this Bench in time. The prayers made in this application to condone the delay of 3696 days and take up the Main Petition under 59 of the Companies Act, 2013 filed by the Petitioner before this Bench as a regular Petition are hereby rejected - Application dismissed.
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