IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO. 1651 OF 2008 In the matter of Companies Act, 1956 (1 of 1956); And In the matter of Sections 78 and 100 to 103 of the Companies Act, 1956; And In the matter of Reduction of the Securities Premium Account of Mahindra Forgings Limited Mahindra Forgings Limited, a Company incorporated under the Companies Act, 1956 and having its Registered Office at Mahindra Towers, P. K. Kurne Chowk, Worli, Mumbai – 400 018. } } } } } } ….. Applicant Company Called for Summons for Direction Coram : A.M. Khanwilkar J Date: 12 th December, 2008 Mr. Rajesh Shah i/b. Rajesh Shah & Co., for Applicant MINUTES OF THE ORDER UPON THE APPLICATION OF the above named Applicant Company by a summons for directions dated 5th day of December 2008 AND UPON HEARING M/s Rajesh Shah & Co., Advocates for the Applicant Company AND UPON READING the affidavit of Mr. Krishnan Shankar, Company Secretary and GM-Legal of the Applicant Company dated 5th day of December, 2008, AND Applicant Company having passed Special Resolution at the Extraordinary General Meeting of the Applicant Company held on 4th December, 2008 AND in view of the averment made in Para 14 and Para 15 of the affidavit of Mr. Krishnan Shankar, Company Secretary and GM -Legal dated 5th day of December, 2008, the provisions of and the procedure prescribed under section 101(2) of the Companies Act, 1956 are not applicable and the procedure prescribed under section101(2) is dispensed with. Company Judge