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2019 (6) TMI 1384 - NATIONAL COMPANY LAW TRIBUNAL, KOLKATASanction of Scheme of Amalgamation - proceedings pending under Section 235 to 251 of the Companies Act, 1956 and Section 217, 219, 221, 224 and 225 of the Companies Act, 2013 - HELD THAT:- It is stated in the application that there are no proceedings pending under Section 235 to 251 of the Companies Act, 1956 and Section 217, 219, 221, 224 and 225 of the Companies Act, 2013 against any of the applicant companies - It is also stated in the application that the assets of the Petitioner Companies are sufficient to meet all their liabilities and the said scheme will not adversely affect the rights of any of the creditors of any of the applicant companies in any manner whatsoever. In the application that the Statutory Auditors of the Transferee Company have certified that the Accounting treatment proposed in terms of clause 14 of PART-V of the Scheme is in conformity with the Accounting Standards prescribed under Section 133 of the Companies Act, 2013 read with Rule 7 of the Companies (Accounts) Rules, 2014 and other Generally Accepted Accounting Principles - date of hearing of the petition filed jointly by the Petitioner for the sanction of the Scheme is fixed on Monday, the 29th July, 2019. Petition directed to be listed for further hearing on Monday, the 29th July, 2019.
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