TMI Blog2021 (6) TMI 160X X X X Extracts X X X X X X X X Extracts X X X X ..... f the instant application appears to be genuine and bona fide. There is no inaction or negligence or want of bona fide. The delay is purely on the part of formalities which are to be mandatorily undertaken by the Applicant. Thereby, it causes delay of 326 days in filing the instant application for restoration of IA 140 of 2020. It is pertinent to mention herein that there was also delay of 3 da ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (IB) No. 196 of 2017. (ii). to condone the delay of 326 days in filing of this present restoration application. (iii). to condone the delay of 03 days in filing of the Main Application under Section 42 of IB Code bearing IA No. 140 of 2020. 1. The facts of the case are stated herein: 1.1. On perusal of the records, it is found that IA No. 140 of 2020 was dismissed on 20.02.2020 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... icient time. 1.3. Heard the Applicant at length and also seen the record. The cause shown for the delay in filing of the instant application appears to be genuine and bona fide. There is no inaction or negligence or want of bona fide. The delay is purely on the part of formalities which are to be mandatorily undertaken by the Applicant. Thereby, it causes delay of 326 days in filing the insta ..... X X X X Extracts X X X X X X X X Extracts X X X X
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