IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO. 514 OF 2011 In the matter of the Companies Act I of 1956 AND In the matter of Sections 391 to 394 of the Companies Act, 1956 AND In the matter of the Scheme of Amalgamation of Trupti Petroleums Private Limited with Gagandeep Credit Capital Private Limited. TRUPTI PETROLEUMS PRIVATE LIMITED, a Company ) incorporated under the Companies Act, 1956 and ) having its Registered Office at 102, Windsor, ) Vidya Nagar Marg, Off C.S.T. Road, Kalina ) Santacruz (East), Mumbai -400 098 ) ..… APPLICANT Called Summons for Direction CORAM : S.C.DHARMADHIKARI,J DATE : 26th AUGUST, 2011 Mr.Hemant Sethi i/b Hemant Sethi & Co, Advocates for the Applicant Company. MINUTES OF ORDER UPON the application of the Applicant abovenamed by a Company Summons for Direction AND UPON hearing Mr. Hemant Sethi i/b Hemant Sethi & Co, Advocate for the Applicant Company AND UPON 2 reading the Affidavit dated 10th August,2011 of Mr. Jayesh Shah, Director of the Applicant Company in support of Company Summons for Direction and the Exhibits referred to therein, IT IS ORDERED:- 1. That convening and holding the meeting of the Equity Shareholders of the Applicant Company, for the purpose of considering, and if thought fit, approving, with or without modification(s),the proposed Scheme of Amalgamation of Trupti Petroleums Private Limited, the Applicant/Transferor Company with Gagandeep Credit Capital Private Limited, the Transferee Company, is dispensed with in view of the consents given by all the Equity Shareholders of the Applicant Company which are annexed as Exhibits “G-1” and “G-2” to the Affidavit in Support of Company Summons for Direction. 2. That there are no Secured and Unsecured Creditors of the Applicant Company as stated in paragraph 22 of the Affidavit in Support of Company Summons for Direction. Hence, the question of convening and holding meetings of Secured and Unsecured Creditors does not arise. 3. That the filing of separate Company Summons for Direction, Company Scheme Petition and further proceedings under Section 391 to 394 of the Companies Act, 1956 by Gagandeep Credit Capital Private Limited, the Transferee Company for the purpose of considering, and if thought fit, approving, with or without modifications, the Scheme of Amalgamation of Trupti Petroleums 3 Private Limited, the Applicant/Transferor Company with Gagandeep Credit Capital Private Limited, the Transferee Company, is dispensed with in view of the averments made in paragraphs 23 and 24 of the Affidavit in Support of Company Summons for Direction. (S. C. DHARMADHIKARI, J)