IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO. 359 OF 2011. In the matter of the Companies Act 1 of 1956); AND In the matter of Section 391 to 394 read with Sections 100 to 105 of the Companies Act, 1956; AND In the matter of Scheme of Arrangement between MERINT INFRASTRUCTURE LIMITED AND MERINT DEVELOPERS PRIVATE LIMITED AND MERINT MOLECULAR IMAGING PRIVATE LIMITED MERINT DEVELOPERS PRIVATE LIMITED, a company incorporated under the Companies Act, 1956 having its registered office at Plot No. a 791/8 TTC industrial area MIDC Khairane New Mumbai – 400 705. ) ) ) ) ) … Applicant Company. Called for Summons for Direction Coram: S. J. Kathawalla, J. Date: 24th June, 2011 Mr. Rajesh Shah i/b M/s. Rajesh Shah & Co., Advocate for the Applicant MINUTES OF THE ORDER UPON the application of the Applicant Company abovenamed by a Summons for Direction AND UPON HEARING Mr. Rajesh Shah instructed by M/s. Rajesh Shah & Co., Advocate for the Applicant Company, AND UPON READING the Affidavit dated 25th April, 2011 of Mr. Rakeshkumar Pathak, Director of the Applicant Company, in support of the Summon for Direction and the Exhibits therein referred to, IT IS ORDERED:- 1. That the convening and holding the meeting of the Equity Shareholders of the Applicant Company to consider and approve the proposed Scheme of Arrangement between MERINT INFRASTRUCTURE LIMITED, the Demerged Company and MERINT DEVELOPERS PRIVATE LIMITED, the Applicant / First Resulting Company and MERINT MOLECULAR IMAGING PRIVATE LIMITED, the Second Resulting Company, is dispensed with in view of the consents given by both the Equity Shareholders of the Applicant Company, which are annexed as Exhibit “C-1” and “C-2” to the Affidavit in support of the Summons for Direction. 2. That there are no Secured Creditors of the Applicant Company as stated in paragraph 20 of the Affidavit in support of Summons for Direction. Hence, the question of convening and holding the meeting of Secured Creditors does not arise. 3. That the convening and holding the meeting of the Unsecured Creditors of the Applicant Company to consider and approve the proposed Scheme of Arrangement between MERINT INFRASTRUCTURE LIMITED, the Demerged Company and MERINT DEVELOPERS PRIVATE LIMITED, the Applicant / First Resulting Company and MERINT MOLECULAR IMAGING PRIVATE LIMITED, the Second Resulting Company is dispensed with in view of the consent given by the sole Unsecured Creditors of the Applicant Company, which is annexed as Exhibit “D-1” to the Affidavit in support of the Summons for Direction. (S. J. Kathawalla, J.)