64. (1) Where an application is not disposed of or an order is not passed
within the period specified in this Code, the National Company Law Tribunal
or the National Company Law Appellate Tribunal, as the case may be, shall
record the reasons for not doing so within the period so specified; and the
President of the National Company Law Tribunal or the Chairperson of the
National Company Law Appellate Tribunal, as the case may be, may, after
taking into account the reasons so recorded, extend the period specified in
the Act but not exceeding ten days.
(2) No injunction shall be granted by any court, tribunal or authority in
respect of any action taken, or to be taken, in pursuance of any power
conferred on the National Company Law Tribunal or the National Company Law
Appellate Tribunal under this Code.