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2020 (2) TMI 1646 - NATIONAL COMPANY LAW TRIBUNAL CHENNAI BENCHCondonation of delay of 201 days in filing the Company Petition - unavoidable causes or not - seeking for approval of the Scheme of Amalgamation - HELD THAT:- Perusal of the Application shows in paragraph '4', which is the cause / reason as pointed out by the Counsel for the Applicant for the delay in filing the Petition. However, perusal of the circumstances resulting in the delay in filing the Company Petition has failed to clearly explain the delay caused in filing of the Company Petition - the reasons given cannot be considered as unavoidable causes in filing the Company Petition. Petition dismissed.
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