Why condonation for delay is required?
- Relevant provisions related to condonation
2. Cases where condonation is required
Section 460 of Companies Act, 2013 elaborates about the matters related to Condonation of delay in certain cases, it states that notwithstanding anything contained in this Act,—
- Where any application required to be made to the Central Government under any provision of this Act in respect of any matter is not made within the time specified therein, that Government may, for reasons to be recorded in writing, condone the delay;
B. Where any document required to be filed with the Registrar under any provision of this Act is not filed within the time specified therein, the Central Government may, for reasons to be recorded in writing, condone the delay.
Basically, Condonation of delay refers to the approval/ acceptance of the delays made by the parties on filling of certain documents or application to the CG or ROC.
Hritvik Gupta is a legal writer and researcher associated with LEGALLANDS LLP, where he contributes analytical and research-driven articles on corporate governance, international trade laws, and policy reforms. His writing reflects a deep understanding of evolving legal frameworks and their impact on cross-border commerce and regulatory compliance.
Hritvik’s work bridges practical legal insight with emerging global regulatory trends, offering readers a balanced perspective that combines academic depth with real-world application. He takes a keen interest in the intersection of law, technology, and international policy, contributing to the discourse on how businesses and governments can adapt to dynamic legal environments.
Through his contributions to Legallands.com, Hritvik aims to make complex legal developments more accessible, insightful, and relevant to businesses, professionals, and policymakers operating in an increasingly interconnected world.
