IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO. 314 OF 2011 In the matter of the Companies Act, 1956 AND In the matter of application under Sections 391 to Section 394 of the Companies Act, 1956 AND In the matter of Mangesh Plastics Private Limited, a company incorporated under the provisions of the Companies Act, 1956 AND In the matter of SCHEME OF AMALGAMATION BETWEEN Mangesh Plastics Private Limited (MPL) … Transferor Company WITH Multifilms Plastics Private Limited (MFL) …Transferee Company Mangesh Plastics Private Limited a company incorporated under the provisions of the Companies Act, 1956 and having its Registered Office at 3/9 Kumar Society Mahant Road Extn. Vile Parle (E) Mumbai 400057 … Applicant / Transferor Company Called Summons for Direction Coram: S. J. Vazifdar, J. Date : 6th May, 2011 2 Mr. NaserAli Rizvi i/b. M/s. Thakore Jariwala & Associates, Advocates for Applicant. MINUTES OF THE ORDER UPON the application of Mangesh Plastics Private Limited, the Applicant abovenamed by Summons for Direction AND UPON hearing Mr. NaserAli Rizvi i/b. M/s. Thakore Jariwala & Associates, Advocates for the Applicant Company and upon reading the Affidavit dated 15th April, 2011 of Mr. Pavankumar Sanwarmal, Authorised Signatory of the Applicant Company in support of Summons for Direction and the Exhibits therein referred to (Exhibit ‘A’ being a copy of the Proposed Scheme of Amalgamation), IT IS ORDERED:- 1. That convening and holding of the Meeting of the Equity Shareholders, of the Applicant /Transferor Company, for the purpose of Considering and, if thought fit, approving, with or without modification(s), the proposed Scheme of Amalgamation of Mangesh Plastics Private Limited, the Applicant / Transferor Company with Multifilms Plastics Private Limited, the Transferee Company is dispensed with in view of the consents as given by both the Equity Shareholders of the Applicant Company, which are annexed as Exhibits “D-1 and D-2” to the Affidavit-in-support of the Summons for Direction. 2. There are no Secured Creditors of the Applicant / Transferor Company, as stated in paragraph 24 of the Affidavit in Support of Company Summons for Direction. Hence, the question of 3 convening and holding the meeting of Secured Creditors does not arise. 3. That convening and holding of the Meeting of the Unsecured Creditors, of the Applicant /Transferor Company, for the purpose of Considering and, if thought fit, approving, with or without modification(s), the proposed Scheme of Amalgamation of Mangesh Plastics Private Limited, the Applicant / Transferor Company with Multifilms Plastics Private Limited, the Transferee Company is dispensed with in view of the consents given by all the Unsecured Creditors of the Applicant Company, which are annexed as Exhibits “E-1 to E-4” to the Affidavit-in-support of the Summons for Direction. (S. J. Vazifdar, J.)