IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO.335 OF 2009 In the matter of the Companies Act 1 of 1956); AND In the matter of Sections 391 to 394 of the Companies Act, 1956; AND In the matter of Scheme of Amalgamation of PRATIK STOCK VISION PRIVATE LIMITED With ARJ SHARES & STOCK BROKERS PRIVATE LIMITED ARJ SHARES & STOCK BROKERS PRIVATE LIMITED, a company incorporated under the Companies Act, 1956 having its registered office at 21, Khatau Building, 40/48, Bank Street, 2nd Floor, Fort, Mumbai -400 001. ) ) ) ) ) …Applicant Company. Called for Summons for Direction Coram: S. J. Vazifdar, J Date: 20th March, 2009 Mr. Rajesh Shah i/b M/s. Rajesh Shah & Co., for the Applicant MINUTES OF THE ORDER UPON the application of the Applicant Company above named by a Summons for Directions AND UPON HEARING M/s. Rajesh Shah instructed by Rajesh Shah & Co., Advocate for the Applicant Company, AND UPON READING the Affidavit dated 12th day of March, 2009 of Mr. Sureshkumar K. Jhunjhunwala, the Director of the Applicant Company, in support of the Summons for Directions IT IS ORDERED:- 1. That the convening and holding of the meeting of the Equity Shareholders of the Applicant Company to consider and approve the proposed Arrangement embodied in the Scheme of Amalgamation of PRATIK STOCK VISION PRIVATE LIMITED, “Transferor Company” with ARJ SHARES & STOCK BROKERS PRIVATE LIMITED, “the Applicant / the Transferee”, Company is dispensed with in view of the consents given by all the Equity Shareholders of the Applicant Company as on date, which are annexed as Exhibits “F-1” to “F- 3 to the Affidavit in support of the Summons for Direction. 2. That the convening and holding of the meeting of the Secured Creditor of the Applicant Company to consider and approve the proposed Arrangement embodied in the Scheme of Amalgamation of PRATIK STOCK VISION PRIVATE LIMITED, “Transferor Company” with ARJ SHARES & STOCK BROKERS PRIVATE LIMITED, “the Applicant / the Transferee”, Company is dispensed with in view of the no due letter given by its sole Secured Creditor of the Applicant Company as on date, which is annexed as Exhibit “G-1” to the affidavit in support of the Summons for Direction. 2. That the convening and holding of the meeting of the Unsecured Loan Creditor of the Applicant Company to consider and approve the proposed Arrangement embodied in the Scheme of Amalgamation of PRATIK STOCK VISION PRIVATE LIMITED, “Transferor Company” with ARJ SHARES & STOCK BROKERS PRIVATE LIMITED, “the Applicant / the Transferee”, Company is dispensed with in view of the no due letter given by its sole Unsecured Loan Creditor of the Applicant Company as on date, which are annexed as Exhibit “G-2” to the affidavit in support of the Summons for Direction. 3. There are no Unsecured Creditors of the Applicant Company as mentioned in paragraph 16 of the Affidavit in support of Summons for Directions, hence, the question of convening and holding the meeting of Unsecured Creditors does not arise Sd/- COMPANY JUDGE