IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO.391 OF 2009 IN THE MATTER of the Companies Act, 1956; AND IN THE MATTER of Sections 391 to 394 of the Companies Act, 1956; AND IN THE MATTER of Sea-Falcon Shipping Services Limited; AND IN THE MATTER of Scheme of Amalgamation between Seaspeed Shipping Agencies Limited, Sea-Falcon Shipping Services Limited, Trident Shipping Agencies Limited, Latham India Limited, and their respective Shareholders and Creditors for the amalgamation of Seaspeed Shipping Agencies Limited and Sea-Falcon Shipping Services Limited and Trident Shipping Agencies Limited with Latham India Limited. Sea-Falcon Shipping Services Limited, a Company ) incorporated under the Indian Companies Act, 1956 ) having its Registered Office at Forbes Building, Charanjit ) Rai Marg, Fort, Mumbai 400 001, ) .. Applicant /Transferor Company Called Summons for Direction 1 Coram: S.J. Vazifdar J. Dated: 03rd April, 2009 Ms. Renuka Shetty i/b M/s. Crawford Bayley & Co., for Applicant MINUTES OF THE ORDER Upon the Application of the Applicant abovenamed by a Summons for Direction, AND UPON hearing Ms. Renuka Shetty i/b M/s Crawford Bayley & Co., Advocates for Applicant AND UPON reading the Affidavit dated 26th March, 2009 of Mr. Rajendra Kumar Doshi, Director of the Applicant in support of Summons for Directions, IT IS ORDERED :- 1. That convening and holding the meeting of the Equity shareholders of the Applicant Company, for the purpose of considering, and if thought fit, approving with or without modification(s), the Scheme of Amalgamation between Seaspeed Shipping Agencies Limited, Sea-Falcon Shipping Services Limited, Trident Shipping Agencies Limited, Latham India Limited, and their respective Shareholders and Creditors for the amalgamation of Seaspeed Shipping Agencies Limited and Sea-Falcon Shipping Services Limited and Trident Shipping Agencies Limited with Latham India Limited is dispensed with in view of the consent given by all the Equity shareholders of the Applicant company which are annexed as Exhibit “F-1" to "F-6" to the Affidavit in support of Summons for Directions. 2. There are no Secured Creditors of the Applicant Company, as mentioned in paragraph 26 of the Affidavit in support of Summons for Directions. Hence the question of convening and holding the meeting of Secured Creditors does not arise. 2 3. There are no Unsecured Creditors of the Applicant Company, as mentioned in paragraph 27 of the Affidavit in support of Summons for Directions. Hence the question of convening and holding the meeting of Unsecured Creditors does not arise. 4. Certified copy of this Order is expedited. COMPANY JUDGE 3