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    <title>2007 (10) TMI 690 - COMPANY LAW BOARD. CHENNAI</title>
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    <description>The application seeking condonation of a 1,884-day delay in approaching the Company Law Board for share transfer registration was dismissed. The delay was attributed to the company&#039;s actions in returning transfer forms without justification, leading to a civil suit and eventual redirection to the Board. The applicants claimed the delay was non-wilful, but the opposition argued it was due to negligence. The Vice-Chairman found the lack of reasons for the delay and the vague nature of the application insufficient to grant condonation, resulting in the dismissal of the request without costs.</description>
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    <pubDate>Wed, 24 Oct 2007 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=198597</link>
      <description>The application seeking condonation of a 1,884-day delay in approaching the Company Law Board for share transfer registration was dismissed. The delay was attributed to the company&#039;s actions in returning transfer forms without justification, leading to a civil suit and eventual redirection to the Board. The applicants claimed the delay was non-wilful, but the opposition argued it was due to negligence. The Vice-Chairman found the lack of reasons for the delay and the vague nature of the application insufficient to grant condonation, resulting in the dismissal of the request without costs.</description>
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