IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO. 110 OF 2011 In the matter of the Companies Act, 1956; And In the matter of Sections 391 to 394 of the Companies Act, 1956 And In the matter of Aarti Healthcare Limited And In the matter of Composite Scheme of Arrangement between Anushakti Chemicals and Drugs Limited (ACDL) And Spack Chemicals Private Limited (SCPL) And Aarti Healthcare Limited (AHL) Aarti Healthcare Limited a Company incorporated under the Companies Act, 1956 and having its Registered Office at Udyog Kshetra, 2nd, floor, Mulund Goregaon Link Road, L. B. S. Marg, Mulund (West), Mumbai 400 080 ) ) ) ) ) ) ) …………..Applicant Company Called Summons for Direction Coram : S. C. Dharmadhikari J. Date : 11th February 2011. Mr. Devanshu P. Desai, Advocate for the Applicant MINUTES OF ORDER UPON the application of the Applicant abovenamed by a Summons for Direction AND UPON hearing Mr. Devanshu P. Desai for Applicant Company AND UPON reading the Affidavit dated 15th December, 2010 of Mr. Rashesh C. Gogri,, Director of the Applicant Company in support of Summons for Direction, IT IS ORDERED:- 1. That convening and holding the meeting of the Equity Shareholders of the Applicant Company, for the purpose of considering and, if thought fit, approving, with or without modifications, the Composite Scheme of Arrangement between Anushkti Chemicals and Drugs Limited and Spack Chemicals Private Limited and Aarti Healthcare Limited, the Applicant Company, is dispensed with in view of the consents given by all the Equity Shareholders holding 100% Paid up Equity Share Capital of the Applicant Company which are annexed as Exhibit “L” to the Affidavit in support of Summons for Directions. 2. That convening and holding the meeting of Secured Creditors of the Applicant Company, for the purpose of considering and, if thought fit, approving, with or without modifications, the Composite Scheme of Arrangement between Anushkti Chemicals and Drugs Limited and Spack Chemicals Private Limited and Aarti Healthcare Limited, the Applicant Company is dispensed with in view of the averment made in Paragraph 21 of the Affidavit of in support of Summons for Direction. The Applicant Company undertakes to give individual notice of hearing of Petition to all its Secured Creditors by Registered Post A. D. The said undertaking is accepted. 3. That convening and holding the meeting of Unsecured Creditors of the Applicant Company, for the purpose of considering and, if thought fit, approving, with or without modifications, the Composite Scheme of Arrangement between Anushkti Chemicals and Drugs Limited and Spack Chemicals Private Limited and Aarti Healthcare Limited, the Applicant Company, is dispensed with in view of the consents given by the sole Unsecured Creditor of the Applicant Company which is annexed as Exhibits “N” to the Affidavit in support of Summons for Direction. (S. C. Dharmadhikari)