2020 (5) TMI 685

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....>Insolvency & Bankruptcy<br>R. VARADHARAJAN&nbsp;AND&nbsp;ANIL KUMAR B, JJ. For Petitioner : Pawan Jhabakh, Advocate Abishek Raman, Advocate Ashwin Raman, Advocate ORDER ANIL KUMAR B, J. 1. This Company Petition has been filed by the Transferee Company is coming before us for admission and for fixing a&nbsp;date of hearing of the main Company Petition as well as for a direction in rela....

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....013,( the 'Act') directions were issued by this Tribunal vide order dated 05.04.2019. 2. Subsequent to the order, now this petition on second motion filed on 30.07.2019 is coming up before us for fixing a date of hearing as well as for other consequential directions in terms of provisions of Sections 230 to 232 of Companies Act, 2013 read with Rule 16 of the Companies (Compromise, Arrangements ....

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....mpanies, Chennai, MCA(c) Reserve Bank of India, (d) the Income Tax Department of the office having jurisdiction over the respective companies indicating specifically their PAN Nos. in the communication, and other sectoral regulators, if any, who may govern the working of the respective companies involved in the Scheme atleast 30 days before the date fixed for hearing of the above Petition. ....

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.... that there is no objection to the approval of the Scheme on the part of the authorities by this Tribunal and subject to other condition being satisfied as may be applicable under the Companies Act, 2013 and relevant rules framed thereunder. (vii) The Petitioner Companies shall individually comply with proviso to sub section (3) of Section 232 or proviso to sub section (7) of Section 230,....