1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO.: 242 OF 2011 IN THE MATTER of Sections 391 to 394 of the Companies Act, 1956; AND IN THE MATTER of N. W. Exports Limited; AND IN THE MATTER of Scheme of Amalgamation of Damascus Investment and Trading Company Limited and Perman Project Supports Limited with N.W. Exports Limited. N. W. Exports Limited , a Company ) incorporated under the Companies Act, 1956 ) having its Registered Office at “Neville House”, 4th floor, ) CurrimbhoyRoad, Ballard Estate, Mumbai - 400 001, ) Maharashtra ) .. Applicant / Transferee Company Called Summons for Direction Coram: S. J. VAZIFDAR, J. Dated: 15th April 2011 Ms. Renuka Shetty i/b M/s. Crawford Bayley & Co., Advocates for the Applicant 2 MINUTES OF THE ORDER Upon the Application of the Applicant abovenamed by a Summons for Direction, AND UPON hearing Ms. Renuka Shetty i/b M/s Crawford Bayley & Co., Advocates for Applicant AND UPON reading the Affidavit dated 21st March 2011 of Mr. Jairaj C. Bham, Director of the Applicant in support of Summons for Direction, IT IS ORDERED :- 1. That a meeting of the Equity Shareholders of the Applicant Company, for the purpose of considering and if thought fit, approving with or without modification(s), the Scheme of Amalgamation of Damascus Investment and Trading Company Limited and Perman Project Supports Limited with N.W. Exports Limited is dispensed with, in view of the Consent Letters given by all the Equity Shareholders of the Applicant Company which are annexed as Exhibits “H-1” to “H-9” to the Affidavit in support of Summons for Direction. 2. There are no Secured Creditors as stated in Paragraph 36 of the Affidavit in support of Summons for Direction. Hence the question of convening and holding the meeting of the Secured Creditors does not arise. 3 3. That convening and holding the meeting of the Unsecured Creditors of the Applicant Company, for the purpose of considering, and if thought fit, approving with or without modification(s), the Scheme of Amalgamation of Damascus Investment and Trading Company Limited and Perman Project Supports Limited with N.W. Exports Limited is dispensed with in view of the Consent Letters given by all the Unsecured Creditors of the Applicant Company which are annexed as Exhibits “I-1” to “I-6” to the Affidavit in support of Summons for Direction. (S. J. VAZIFDAR, J.)