If RESL's acquisition of TCL is structured as a Scheme of Arrangement involving the NCLT, what specific certification must be obtained by NCLT under…

The proviso to section 230 (7) provides that a certificate by the company's auditor is to be filed with the Tribunal to the effect that the accounting treatment, if any, proposed in the scheme of compromise or arrangement is in conformity with the accounting standards prescribed under section 133. In view of above, NCLT shall obtain the above certificate from the Statutory Auditors of RESL Limited.