IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO. 580 OF 2010 In the matter of Section 391 and 394 of the Companies Act, 1956 And In the matter of Scheme of Arrangement between And Designs India Limited with Suvida Designs Private Limited SUVIDA DESIGNS PRIVATE LIMITED , A company registered under Companies Act, 1956, having its registered office at 5, Meghdoot, Ground Floor, Juhu- Tara Road, Santacruz (West), Mumbai- 400 049. In the State of Maharashtra. ] ] ] ] ] ] ] Applicant Called Summons for Direction Coram: S. J. Kathawalla, J. Dated: 27th August, 2010 Mr. Satyan S. Israni, Advocate for the Applicant MINUTES OF ORDER UPON the Application of the Applicant Company by a Summons for Direction AND UPON HEARING Mr. Satyan S. Israni, Advocate for the Applicant Company, AND UPON READING the Affidavit dated 9th of July, 2010 of Mr. Mukesh Sawlani, Chairman and Director of the Applicant Company in support of the Summons for Direction and the Exhibits therein referred to, IT IS ORDERED: 1. That the convening and holding of the Meeting of the Equity Shareholders of the Applicant Company, for the purpose of considering and, if thought fit, approving with or without modifications, the proposed Scheme of Arrangement between And Designs India Limited, the Transferor/Demerged Company with Suvida Designs Private Limited, the Transferee/Resultant Company, is hereby dispensed with in view of the consents given by all the Equity Shareholders of the Applicant Company which are annexed and marked as Exhibits ‘I1’ to ‘I3’ to the Affidavit in support of Summons for Direction. 2. There are no Secured and Unsecured Creditors of the Applicant Company as stated in Paragraph 22 of the Affidavit in support of Summons for Direction. Hence, the question of convening and holding the meetings of Secured and Unsecured Creditors does not arise. (S. J. KATHAWALLA, J.)