IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO. 300 OF 2010 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 Prangan Housing Complexes Private Limited having its registered office at Acme Ghar, 19, K.D. Road, Vile Parle (West), Mumbai- 400 056 AND In the matter of the Scheme of Amalgamation of Acme Amrut Building Developers Private Limited, Acme Amrut Property Developers Private Limited, Acme Dwellers Private Limited, Acme Residential Complexes Private Limited Prangan Housing Complexes Private Limited, with Acme Housing India Private Limited Prangan Housing Complexes ) Private Limited. ) Incorporated and registered under ) the Companies Act, 1956, ) 2 having its registered office at ) Acme Ghar, 19, K.D. Road, ) Vile Parle (West), Mumbai-400 056 ) ..Applicant/ Transferor Company No.5 Called Summons for Directions Coram: S. J. Kathawalla J Date : 23rd April, 2010 Mr. Sanjay Udeshi i/b M/s. Sanjay Udeshi & Co., Advocate for Applicants. MINUTES OF ORDER Upon the Application of the Applicant above named by a Summons for Direction AND upon hearing Mr. Sanjay Udeshi i/b M/s. Sanjay Udeshi & Co., for Applicant, AND upon reading the Affidavit dated 7th April, 2010 of Mr. Ketan J. Mehta, Authorized Signatory of the Applicant Company in support of the Summons for Direction and the Exhibits therein referred to, 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 modification, the Scheme of Amalgamation of Acme Amrut Building Developers Private Limited, Acme Amrut Property Developers Private Limited, Acme Dwellers Private Limited, Acme Residential Complexes Private Limited and Prangan Housing Complexes Private Limited, with Acme Housing India 3 Private Limited is dispensed with in view of the Consents given by all the Equity Shareholders of the Applicant Company which are annexed as Exhibits D to D-2 to the Affidavit in Support of Summons for Directions. 2. That convening and holding the meeting of the Unsecured Creditor of the Applicant Company, for the purpose of considering and, if thought fit, approving, with or without modification, the Scheme of Amalgamation of Acme Amrut Building Developers Private Limited, Acme Amrut Property Developers Private Limited, Acme Dwellers Private Limited, Acme Residential Complexes Private Limited and Prangan Housing Complexes Private Limited, with Acme Housing India Private Limited, is dispensed with in view of the Consent given by the only Unsecured Creditor of the Applicant Company which is annexed as Exhibit F to the Affidavit in Support of Summons for Directions. 3. There are no Secured Creditors of the Applicant Company, as mentioned in paragraph 34 of Affidavit in support of Summons for Directions. Hence, the question of convening and holding the meeting of the Secured Creditors does not arise. (S. J. Kathawalla, J)