IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO. 250 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 Amalgmation of Optimum Financial Consultants Private Limited and Optimum Asset Management Private Limited with Shubhamangal Credit Capital Private Limited. SHUBHAMANGAL CREDIT CAPITAL PRIVATE LIMITED ) a Company incorporated under the Companies Act, ) 1956 and having its Registered Office at 3 Amba ) Bhuvan 29, Sion Circle, Sion (West) Mumbai 400 022 ) ... 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 31st March, 2010 of Mr.Dhanesh.S. Shah 2 , Director 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 the amalgamation of Optimum Financial Consultants Private Limited, the First Transferor Company and Optimum Asset Management Private Limited, the Second Transferor Company with Shubhamangal Credit Capital Private Limited, the Applicant/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 “I-1” and “I-2” to the affidavit in support of Summons for Direction. 2. That a meeting of the members holding 6% Non Cumulative Redeemable Preference Shares of the Applicant Company for the purpose of considering and, if thought fit, approving with or without modification the Scheme of the amalgamation of Optimum Financial Consultants Private Limited, the First Transferor Company and Optimum Asset Management Private Limited, the Second Transferor Company with Shubhamangal Credit Capital Private Limited, the Applicant/Transferee Company be dispensed with in view of the consent given by all the 6% Non Cumulative Redeemable Preference Shareholders of the Applicant Company which are annexed as Exhibit “J-1” and “J-2” to the affidavit in support of Summons for Direction. 3. 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. (S. J. KATHAWALLA, J)