1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO. 686 OF 2010 In the matter of Section 78 read with Sections 100 to 104 of the Companies Act, 1956; And In the matter of reduction of Securities Premium Account of NV Realty Private Limited. NV Realty Private Limited, a company ) incorporated under the Companies Act 1956 ) having its registered office at ) D-5, Tardeo Everest Premises Co-op Society Ltd, ) J. Dadaji Marg, Tardeo, ) Mumbai – 400034. ) …Applicant Coram: S. J. KATHAWALLA, J. Date: 15th October, 2010 Mr. Shyam Mehta, Counsel i/b J. Sagar Associates, Mumbai, Advocates for Applicant. MINUTES OF THE ORDER UPON THE APPLICATION of the abovenamed Applicant Company by a Summons for Direction AND UPON HEARING Mr. Shyam Mehta, Counsel instructed by J. Sagar Associates, Advocates for the Applicant AND UPON 2 READING the affidavit dated 5th October, 2010 of Mr. Tariq Vaidya, Director of the Applicant Company in support of the Company Summons for Direction AND the Applicant having passed Special Resolution at the Extraordinary General Meeting of its Equity Shareholders held on 20th July 2010 AND in view of the consents given by both the Secured Creditors of the Applicant Company which are annexed as Exhibits H-1 and H-2 t the said Affidavit AND in view of the averments made in paragraphs 17 to 20 of the said Affidavit the procedure prescribed under Section 101(2) of the Companies Act, 1956 is dispensed with. (S. J. KATHAWALLA, J.)