1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO. 432 OF 2011. In the matter of the Companies Act 1 of 1956); AND In the matter of Section 391 to 394 of the Companies Act, 1956; AND In the matter of Scheme of Arrangement between INDRAJIT POWER PRIVATE LIMITED AND INDRAJIT PROPERTIES PRIVATE LIMITED AND Their respective Shareholders & Creditors. INDRAJIT PROPERTIES PRIVATE LIMITED, a company incorporated under the Companies Act, 1956 having its registered office at 1, Pearl Mansion(N), 91, M. Karve Road, Mumbai 400020, Maharashtra. ) ) ) ) ) … Applicant Company. Called for Summons for Direction Coram: S. J. Kathawalla, J Date: 8th July, 2011 Mr. Rajesh Shah i/b M/s. Rajesh Shah & Co., Advocate for the Applicant MINUTES OF THE ORDER UPON the application of the Applicant Company abovenamed by a Summons for Directions AND UPON HEARING M/s. Rajesh Shah instructed by Rajesh Shah & Co., Advocate for the Applicant Company, AND UPON READING the Affidavit dated 13th June, 2011 of Mr. Riyaz Shaikh, Director of the Applicant Company, in 2 support of the Summons for Direction and the Exhibit therein referred to, IT IS ORDERED:- 1. That the convening and holding the meeting of the Equity Shareholders of the Applicant Company to consider and approve the proposed Scheme of Arrangement between INDRAJIT POWER PRIVATE LIMITED, the Demerged / Transferor Company and INDRAJIT PROPERTIES PRIVATE LIMITED, the Applicant / Transferee / Resulting Company is dispensed with in view of the consents given by all the Equity Shareholders of the Applicant Company, which are annexed as Exhibits “G-1 to G-4” to the Affidavit in support of the Summons for Direction. 2. That there are no Secured and Unsecured Creditors of the Applicant Company as stated in paragraph 15 of the Affidavit in support of Summons for Direction. Hence, the question of convening and holding the meetings of Secured and Unsecured Creditors does not arise. (S. J. Kathawalla,J.)