https://www.taxtmi.com/caselaws?id=98464 Section 633 of the Companies Act, 1956 was construed as allowing the Court to vary or extend the time fixed as a condition for relief from corporate default. Rule 7 of the Companies (Court) Rules, 1959 was not treated as enlarging the rule-making power under section 643, but the Court accepted that a fresh judicial order could extend compliance time where justice required it. Applying that approach, the delay was treated as adequately explained and the default as subsequently cured, and further time was granted for compliance. en-us Wed, 27 Sep 1967 00:00:00 +0530 Fri, 20 Jan 2012 17:12:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98464 Section 633 of the Companies Act, 1956 was construed as allowing the Court to vary or extend the time fixed as a condition for relief from corporate default. Rule 7 of the Companies (Court) Rules, 1959 was not treated as enlarging the rule-making power under section 643, but the Court accepted that a fresh judicial order could extend compliance time where justice required it. Applying that approach, the delay was treated as adequately explained and the default as subsequently cured, and further time was granted for compliance. Case-Laws Companies Law Wed, 27 Sep 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98464