2015 (10) TMI 2854

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....: Mr. Pavan S. Godiawala, Advocate. For the Respondent No. 1 : Mr. Devang Vyas, Advocate. ORAL ORDER 1. Further affidavit filed by the petitioner is taken on record. Heard learned advocate Mr. Pavan S Godiawala for the petitioner and learned advocate Mr.Kshitij Amin for learned AGP Mr.Devang Vyas for Regional Director and learned Deputy Official Liquidator Mr. Mishra. The present petitions i.e....

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....ame to be corrected pursuant to the speaking to note on 29.9.2015. The petitions came to be filed on 24.9.2015 seeking prayer for sanctioning of the scheme at Exhibit `C' to the petitions. The petitions came to be admitted on 29.9.2015 and in the petition of transferor company the notice was ordered to be served on Regional Director and Official Liquidator and in the petition of the Transferee Com....

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....pliance of Accounting Standard 14. Today the learned advocate Mr. Godiawala produced on record the affidavit undertaking to comply with the requirement of Accounting Standard 14. There are no other observation and considering the affidavit as produced, the petitioners have duly answered to the query pertaining compliance of AS-14. The common affidavit of Regional Director categorically states at s....