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Issues: Whether the delay in filing the condonation application had to be explained during the initial 60-day period or only after expiry of the 60 days, and whether the Tribunal's rejection of the reference on that ground was sustainable.
Analysis: The order records that the petitioner was required to explain the delay only after the expiry of the 60 days prescribed by law, and not within that initial period. Since the Tribunal had dismissed the condonation application and the reference on the footing that the delay had not been explained during the first 60 days, that approach was held to be erroneous.
Conclusion: The Tribunal's order was set aside, and the condonation application together with the reference was directed to be heard on merits and decided afresh.