IN THE HIGH COURT OF JUDICATURE, AT BOMBAY ORDINARY ORIGINAL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO.606 of 2010 In the matter of Companies Act, 1956 (1 of 1956) Read with Sections 100 to 103 Companies Act AND In the matter of Sections 100 to 103 Companies Act, 1956 AND In the matter of Reduction of the Paid up Share Capital of FUNDERMAX INDIA PRIVATE LIMITED (“the Applicant Company”) FUNDERMAX INDIA PRIVATE LIMITED, Regd. Office: C-7 Devendra Apartment (Back Side), Sahyog Mandir Road, Ghantali, Thane (W) 400602 ...Applicant Company Called Summons for Direction Coram: S.J. Kathawalla J. Dated: 9th September, 2010. Mrs. Revati Mankar, Advocate for Applicant Company. MINUTES OF ORDER UPON THE APPLICATION of the above named Applicant Company by a Summons for Direction AND UPON HEARING Mrs. Revati Mankar, Advocate for the Applicant Company AND UPON READING the Affidavit dated 28th July 2010 and the further Affidavit in support of Summons for Direction of Mr Prashanth Reddy, Director of the Applicant 1 Company, dated 24th August 2010 AND the Applicant having passed a Special Resolution at the Extra Ordinary General Meeting of its Equity Share Holders held on 31st March 2010 and in view of the averments made in paragraph 13 and 14 of the further Affidavit in support of Summons for Direction dated 24th August 2010, that the reduction of Paid-up Share Capital does not involve either diminution of any liability in respect of any Paid-up Share Capital or to any share holder of any Paid-up Share Capital of the Applicant Company and, that there are no creditors of the Applicant Company, the provisions and the procedure prescribed under section 101(2) of the Indian Companies Act, 1956 is hereby dispensed with. (S.J. Kathawalla J) 2