IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO. 1302 OF 2009 In the matter of the Companies Act, 1956; AND In the matter of Sections 100 to 105 of the Companies Act, 1956; AND In the matter of the Reduction of Share Capital of DANDVATI INVESTMENTS & TRADING COMPANY PRIVATE LIMITED DANDVATI INVESTMENTS & TRADING COMPANY PRIVATE LIMITED a Company incorporated under the Companies Act, 1956, having its Registered Office at “The International”, 5th floor, 16, New Marine Lines Cross Road No.1, Churchgate, Mumbai 400020 } } } } } } } } …… Applicant Company. Called for Summons for Direction Coram: Dr. D. Y. Chandrachud, J Date : 18th December, 2009 Mr. Rajesh Shah i/b M/s. Rajesh Shah & Co., for the Applicant MINUTES OF THE ORDER 1 UPON THE APPLICATION of the above named Applicant Company by a Summons for Direction AND UPON HEARING Mr. Rajesh Shah of M/s. Rajesh Shah & Co., Advocates for the Applicant Company AND UPON READING the affidavit dated 8th December, 2009 of Mr. Ravindra Raje, Vice President of the Applicant Company in support of summons for direction AND the Applicant Company having passed Special Resolution at the Extra Ordinary General Meeting of the Equity Shareholders as well as Class Meeting of the Preference Shareholders held on 19th day of November, 2009 AND in view of the averments made in paragraph 14 to 17 of the said affidavit that the reduction of Preference Share Capital and the payment to the Preference Shareholders of the paid-up capital, the provisions of and the procedure prescribed under Section 101(2) of the Companies Act, 1956 are not applicable and the same is hereby dispensed with. (Dr. D. Y. Chandrachud, J.) 2