1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICITON COMPANY APPLICATION NO.239 OF 2009 In the matter of Companies Act, 1956 (1 of 1956) AND In the matter of Sections 391 to 394 read with Sections 100 to 103 of the Companies Act, 1956; AND In the matter of Scheme of Arrangement between Jaya Hind Sciaky Limited and Kinetic Engineering Limited and Kaygee Auto Products Private Limited and their respective shareholders Kaygee Auto Products Private Limited, a Company } Incorporated under the provisions of Companies Act, } 1956 having its registered office at 202, Behind S.T. Stand, } Station Road, Ahmednagar, PIN - 414001 .. }………..Applicant Company Called Summons for Direction CORAM: S. J. VAZIFDAR.J DATE: 27th February 2009 Mr. Hemant Sethi i/b Hemant Sethi & Co. Advocates for Applicant MINUTES OF ORDER IT IS ORDERED THAT: 1. That the Convening and holding of the meeting of the members holding Equity Shares of the Applicant Company, for the purpose of considering, and if thought fit, approving, with or without modification, the Scheme of Arrangement between Jaya Hind Sciaky Limited and 2 Kinetic Engineering Limited and Kaygee Auto Products Private Limited, the Applicant Company and their respective shareholders is dispensed with in view of consents given by all the Equity shareholders of the Applicant Company as per their Original letters of consent annexed at Exhibit I-1 & I- 3 to the affidavit dated 21st day of February 2009 of Mr. Anil Kale, Constituted Attorney of the Applicant Company in support of Summons for Direction. 2. That the Convening and holding of the meeting of the Unsecured Creditors of the Applicant company for the purpose of considering, and if thought fit, approving, with or without modification, the Scheme of Arrangement between Jaya Hind Sciaky Limited and Kinetic Engineering Limited and Kaygee Auto Products Private Limited, the Applicant Company and their respective shareholders is dispensed with in view of averment made in paragraph twenty eight of the affidavit 21st day of February 2009 of Mr. Anil Kale, Constituted Attorney of the Applicant Company in support of Summons for Direction. Applicant Company undertakes to give individual notices by Registered Post AD to all its Secured and Unsecured Creditors of the date of hearing of Petition and also publish notices in two local newspapers. The Undertaking is accepted. Sd/- (S. J. VAZIFDAR.J)