IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO. 253 OF 2010 In the matter of the Companies Act I of 1956 AND In the matter of Section 391 to 394 of the Companies Act, 1956 AND In the matter of the Scheme of Amalgamation of Ican Investments Advisors Private Limited and Pathfinder Advisors Private Limited with Anagha Investments Private Limited ICAN INVESTMENTS ADVISORS PRIVATE LIMITED ) a Company incorporated under the Companies ) Act, 1956 and having its Registered Office at 107 ) Maker Chambers III, Nariman Point, Mumbai. ) Maharashtra 400 021. ) ……… APPLICANT Called Summons for Direction CORAM : S. J. KATHAWALLA ,J DATE : 9th APRIL,2010. Mr. Hemant Sethi i/b Hemant Sethi & Co, Advocates for the Applicant Company MINUTES OF ORDER Upon the application of the Applicant Company abovenamed by a Summons for Direction AND UPON hearing Mr. Hemant Sethi i/b Hemant Sethi & Co, Advocate for the Applicant Company, AND UPON reading the affidavit dated 5th day of April, 2010 of Mr.Nilesh Shah 2 Authorised Signatory of the Applicant Company in support of Summons for Direction and the Exhibits referred to therein, IT IS ORDERED: 1. That a meeting of the members holding Equity Shares of the Applicant Company for the purpose of considering and, if thought fit, approving with or without modification the Scheme of Amalgamation of Ican Investments Advisors Private Limited, the Applicant/ First Transferor Company and Pathfinder Advisors Private Limited, the Second Transferor Company with Anagha Investments Private Limited, the Transferee Company be dispensed with in view of the consent given by all the Equity Shareholders of the Applicant Company which are annexed as Exhibit “C-1” and “C-2” to the affidavit in support of Summons for Direction. 2. That there are no Secured Creditors and Unsecured Creditors of the Applicant Company as mentioned in paragraph 29 of the Affidavit in Support of Summons for Direction. Hence, the question of convening and holding meeting of Secured Creditors and Unsecured Creditors does not arise. 3. That the filing of separate Application and Petition by Anagha Investments Private Limited, the Transferee Company is not necessary for the purpose of considering, and if thought fit, approving, with or without modifications, the Scheme of Amalgamation of Ican Investments Advisors Private Limited, the Applicant/First Transferor Company and Pathfinder Advisors Private Limited, the Second Transferor Company with Anagha Investments Private Limited, the Transferee Company and is dispensed with in view of the averments made in paragraphs (30) & (31) of the Affidavit in Support of Summons for Direction. (S. J. KATHAWALLA, J)