1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO.283 OF 2011 In the matter of the Companies Act, 1956; AND In the matter of Sections 391 and 394 of the Companies Act, 1956; AND In the matter of Jyoti Wire India Limited; AND In the matter of Scheme of Arrangement between – Bharat Insulation Company (India) Limited AND Jyoti Wire India Limited Jyoti Wire India Limited, ) A company registered under the Companies Act, ) 1956 and having its registered office at B-32 ) Wagle Industrial Estate, Road No- 18, ) Thane – 400 604, Maharashtra ) …Applicant Called Summons for Direction Coram: S. J. Vazifdar, J Date : 6th May, 2011 Mr. Sanjay Udeshi i/b M/s. Sanjay Udeshi & Co., Advocates for Applicant. MINUTES OF ORDER Upon the Application of the Applicant above named by a Summons for Direction AND upon hearing Mr. Sanjay Udeshi i/b M/s. Sanjay Udeshi & Co., Advocates for Applicant, AND upon reading the Affidavit dated 2nd February, 2011 of Mr. Vinod D. Mehta, Director of the Applicant Company in support of the Summons for Direction and the Exhibits therein referred to, 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 2 thought fit, approving, with or without modification, the proposed Scheme of Amalgamation of Hygienic Research Institute Private Limited with HRI Cosmetics (India) Private Limited is dispensed with in view of the consents given by all the Equity Shareholders of the Applicant Company which are annexed as Exhibits I-1 to I-7 to the Affidavit in Support of Summons for Direction. 2. There are no Secured Creditors of the Applicant Company as stated in paragraph 14 of the Affidavit in support of Summons for Direction. Hence, the question of convening and holding the meeting of Secured Creditors does not arise. 3. That convening and holding the meeting of the Unsecured Creditors of the Applicant Company, for the purpose of considering and, if thought fit, approving, with or without modification, the proposed Scheme of Amalgamation of Hygienic Research Institute Private Limited with HRI Cosmetics (India) Private Limited, is dispensed with in view of the Consents given by all the Unsecured Creditors of the Applicant Company which are annexed as Exhibits K-1 to K-3 to the Affidavit in Support of Summons for Direction. (S. J. Vazifdar, J.)