TMI Blog2010 (12) TMI 1314X X X X Extracts X X X X X X X X Extracts X X X X ..... al Government. The first is with regard to accounting standards. Learned counsel appearing for the petitioner assures the court that such accounting standards will be maintained. The next observation is that the authorized share capital of the transferee company is not adequate to allot shares to the members of the transferor companies according to the scheme. Learned counsel appeari ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s in terms of prayers (a) to (j) of the application. In the event, the petitioners supply a legible computerized print out of the scheme and the schedule of assets in acceptable form to the department, the department will append such computerized print out, upon verification, to the certified copy of the order without insisting on a handwritten copy thereof. The petitio ..... X X X X Extracts X X X X X X X X Extracts X X X X
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