1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO. 843 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 Elder Software Solutions Private Limited (the Transferor Company No.1) and Kent IT Solutions Private Limited (the Transferor Company No.2) and Air Voice Telecom Private Limited (the Transferor Company No.3) with Shreenathji Krupa Project Ventures Private Limited (the Transferee Company) and Their respective Shareholders and Creditors. SHREENATHJI KRUPA PROJECT VENTURES PRIVATE LIMITED, a Company incorporated under the provisions of the Companies Act, 1956 and having its registered office ) ) ) ) ) ) ) 2 at office No.6, Gr. Floor, Shree Hanumanta Aptt., Bamanwada, Near Chakala Cigarette Factory, Andheri (East), Mumbai- 400099. ) ) ) ) ) ……..Applicant Company Called Summons for Direction Coram: S. J. Vazifdar J. Date: 23rd December, 2010 Mr. Rajesh Shah i/b. M/s Rajesh Shah & Company, Advocates for the Applicant. MINUTES OF THE ORDER UPON the application of the Applicant Company above named by a Summons for Direction AND UPON HEARING Mr. Rajesh Shah instructed by M/s Rajesh Shah & Company, Advocates for the Applicant Company, AND UPON READING the Affidavit dated 16th December, 2010 of Mr. Ghanshyam Parmar, Authorised Representative of the Applicant Company, in support of Summons for Direction and the Exhibits therein referred to, IT IS ORDERED: 1. That convening and holding of the Meeting of the Equity Shareholders of Shreenathji Krupa Project 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 Scheme of Amalgamation 3 of Elder Software Solutions Private Limited, the Transferor Company No.1 and Kent IT Solutions Private Limited, the Transferor Company No.2 and Air Voice Telecom Private Limited, the Transferor Company No.3 with Shreenathji Krupa Project Ventures Private Limited, the Applicant / 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 ‘L1’ and ‘L2’ to the Affidavit in support of the Summons for Direction. 2. That there are no Secured and Unsecured Creditors of the Applicant Company as mentioned in paragraph 26 of the affidavit in support of the Summons for Direction. Hence, the question of convening and holding of the Meeting of Secured and Unsecured Creditors does not arise. (S. J. Vazifdar, J.)