IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO.351 OF 2006 IN COMPANY APPLICATION NO.840 OF 2005 In the matter of Companies Act, (1 of 1956); And In the matter of Sections 391 and 394 of the Companies Act, 1956; (1 of 1956) And In the matter of Composite Scheme of Arrangement between (1) Phipson Distillery Limited, (2) United Spirits Limited, (3) Herbertsons Limited, (4) Triumph Distillers & Vintners Private Limited, (5) Baramati Grape Industries Limited, (6) United Distillers India Limited, (7) McDowell International Brands Limited, (8) Shaw Wallace Distilleries Limited, (9) McDowell India Spirits Limited and McDowell & Company Limited Herbertsons Limited .. Applicant Mr.Virag Tulzapurkar a/w Alpana Ghone i/b Kanga and Co. for the petitioner CORAM : S.U.KAMDAR, J CORAM : S.U.KAMDAR, J CORAM : S.U.KAMDAR, J DATED : 4TH MAY, 2006 DATED : 4TH MAY, 2006 DATED : 4TH MAY, 2006 P.C.: . The present application is taken out for condonation of delay in filing the company petition for scheme under section 391 and 394 of the Companies Act. There is a delay of 54 days and the ground set out in the application is that the said time was taken for the purpose of obtaining Bombay Stock Exchange approval and for the purpose of complying with the provisions of SEBI (Delisting of Securities) Guidelines, 2003. The Regional Director is served. None appears for the Regional Director. Affidavit of Service dt.17.4.06 is taken on record. For the reasons set out in the said application, delay is condoned.