1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO. 73 OF 2011 In the matter of Companies Act, 1956; AND In the matter of Section 78, 100 and 101 of Companies Act, 1956; AND In the matter of SHEMAROO ENTERTAINMENT PRIVATE LIMITED, a Company registered under the Companies Act, 1956 and having its Registered Office at Shemaroo House, Plot No. 18, Marol Co-Op. Industrial Estate, Off Andheri Kurla Road, Andheri (East), Mumbai -400 059. AND In the matter of reduction of Capital Reserve; SHEMAROO ENTERTAINMENT PRIVATE ) LIMITED, a Company registered under the ) Companies Act, 1956 and having its Registered ) Office at Shemaroo House, Plot No. 18, Marol ) Co-Op. Industrial Estate, Off Andheri Kurla ) Road, Andheri (East), Mumbai - 400 059. )… Applicants Called Summons for Direction Coram: S. C. Dharmadhikari, J. Date: 4th February, 2011 Ms. Pallavi Dedhia i/b M/s. Sanjay Udeshi & Co., Advocates for the Applicant. 2 MINUTES OF ORDER UPON THE APPLICATION of the abovenamed Applicant by a Summons for Direction AND UPON HEARING Ms. Pallavi Dedhia instructed by M/s Sanjay Udeshi & Co., Advocates for the Applicant Company AND UPON READING the Affidavit dated 20th January, 2011 of Mr. Ankit Singh, the Company Secretary of the Applicant Company in support of Summons for Direction AND the Applicant Company having passed a Special Resolution at the Extra Ordinary General Meeting of the Equity Shareholders of the Applicant Company held on 20th December, 2010 and in view of the averments made in paragraph 15 of the said Affidavit that the reduction of share capital does not involve either diminution of any liability in respect of unpaid share capital or payment to any shareholder of any paid up share capital of the Applicant Company, the provisions of and the procedure prescribed under Section 101(2) of the Companies Act, 1956 is dispensed with. (S. C. Dharmadhikari, J.)