IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO.1677 OF 2008 In the matter of Section 391 & 394 of the Companies Act, 1956 And In the matter of Vedant Lapidary Private Ltd. And In the matter of Scheme of Arrangement and Amalgamation between Maharashtra Hospitality Limited and Vedant Lapidary Private Limited with Vedant Hotels Limited Vedant Lapidary Private Limited, } a Company incorporated under } the provisions of Companies Act, } 1956 having its registered Office } at 3, Chetna, Station Road, } Aurangabad 431 005. } …Applicant Called out Summons for Direction Coram : A. M. Khanwilkar J. Dated : 19th December 2008 Mr. Rabul Risbud for Applicant. MINUTES OF ORDER IT IS ORDERED THAT : 1) The convening and holding the meeting of Equity Shareholders of the Applicant Company, for the purpose of considering and, if 1 thought fit, approving, with or without modification(s), the proposed Scheme of Arrangement and Amalgamation between Maharashtra Hospitality Limited and Vedant Lapidary Private Limited with Vedant Hotels Limited is dispensed with in view of the consents given by all Equity Shareholders of the Applicant Company which are annexed as Exhibit D-1 to D-4 to the Affidavit dated 5th day of December 2008 in support of Summons for Directions. 2) There are no Secured Creditors of the Applicant Company as mentioned in paragraph no.31(b) of the Affidavit dated 5th day of December 2008 in support of Summons for Directions, hence the question of convening and holding the meeting of Secured Creditors does not arise. 3) The convening and holding the meeting of Unsecured Creditors of the Applicant Company, for the purpose of considering and, if thought fit, approving, with or without modification(s), the proposed Scheme of Arrangement and Amalgamation between Maharashtra Hospitality Limited and Vedant Lapidary Private Limited with Vedant Hotels Limited is dispensed with in view of the consents given by Sole Unsecured Creditor of the Applicant Company which is annexed as Exhibit F to the Affidavit dated 5th day of December 2008 in support of Summons for Directions. 2 4) The publication of notices in the Newspapers and Maharashtra Government Gazette is dispensed with. COMPANY JUDGE 3