IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTIONS NO. 439 OF 2010 In the matter of the Companies Act, 1956 (1 of 1956); AND In the matter of Sections 391 to 394 of the Companies Act, 1956; AND In the matter of Scheme of Amalgamation of Reliance Entertainment Ventures Private Limited (‘Transferor Company’) With Reliance Big Entertainment Private Limited (‘Transferee Company’) And their respective shareholders and creditors. RELIANCE ENTERTAINMENT VENTURES PRIVATE LIMITED, a company incorporated under the provisions of the Companies Act, 1956 and having its registered office at ‘H’ Block, Dhirubhai Ambani Knowledge City, Koparkhairane, Navi Mumbai – 400710. Called for Summons for Directions 1 Coram: S. J. Vazifdar, J. Date:25th June, 2010 Mr. Rajesh Shah i/b.Rajesh Shah & Co., Advocate for the Applicant. MINUTES OF ORDER UPON the application of the Applicant Company abovenamed by a Summons for Directions AND UPON HEARING Mr. Rajesh Shah instructed by Rajesh Shah & Co., Advocates for the Applicant Company, AND UPON READING the Affidavit dated 23rd day of June, 2010 of Ms Nikita Choksi, Authorised Signatory of the Applicant Company, in support of Summons for Direction and the Exhibits therein referred to, IT IS ORDERED: 1. That convening and holding the meeting of the Equity Shareholders of Reliance Entertainment Ventures Private Limited, the Applicant Company, for the purpose of considering and, if thought fit, approving, with or without modification(s), the arrangement embodied in the proposed matter of Scheme of Amalgamation of Reliance 2 Entertainment Ventures Private Limited (‘Transferor Company’) with Reliance Big Entertainment Private Limited (‘Transferee Company’) and their respective shareholders and creditors is dispensed with in view of the consents given by both the Equity Shareholders of the Applicant Company, which are annexed as Exhibits “D1” to “D2” to the affidavit in support of the Summons for Direction. 2. There are no Secured Creditors of the Applicant Company as mentioned in paragraph 15 of the affidavit in support of the Summons for Direction, hence, the question of convening and holding of the meeting of Secured Creditors does not arise. 3. That the convening and holding the meeting of the Unsecured Creditors of the Applicant Company to consider and approve the proposed arrangement embodied in the Scheme of Amalgamation of Reliance Entertainment Ventures Private Limited (‘Transferor Company’) with 3 Reliance Big Entertainment Private Limited (‘Transferee Company’) and their respective shareholders and creditors is dispensed with in view of the averments made in paragraph 16 of the affidavit in support of the Summons for Direction. The Applicant Company undertakes to serve individual notice of hearing of the Petition by R.P.A.D upon all its Unsecured Creditors and also to publish the same in two local newspapers i.e. Free Press Journal, in English and Maharashtra Times, in Marathi both having circulation in Mumbai. The undertaking is accepted. (S. J. Vazifdar, J.) 4