1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO.253 OF 2011 In the matter of Section 391 & 394 of the Companies Act, 1956 ; And In the matter of Scheme of Amalgamation of Prince Multiplast Private Limited With Prince Containers Private Limited and their respective shareholders Prince Containers Private Limited , a Company incorporated under the provisions of Companies Act, 1956 Having its registered office at Plot No.668/10(2), Somnathkachigam Road, Village Dabhel Nani Daman. } } } } ) ) .. Applicant Company Called Summons for Direction Coram: S.J. VAZIFDAR, J Date: 21ST APRIL 2011 Mr. Hemant Sethi i/b. Hemant Sethi & Co., Advocates for the Applicant. MINUTES OF THE ORDER UPON the application of the Applicant Company above named by a Summons for Direction AND UPON HEARING Mr. Hemant Sethi instructed by Hemant Sethi & Co., Advocates for the Applicant Company, AND UPON READING the Affidavit dated 24th day of March 2011 of Mr. Tushar Dedhia, Authorised Signatory of the Applicant Company in support of Company Summons for Direction and the Exhibits therein referred to, IT IS ORDERED: 2 1. That convening and holding of the 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 Prince Multiplast Private Limited, the Transferor Company with Prince Containers Private Limited, the Applicant / Transferee Company and their Respective Shareholders is dispensed with in view of consents given by all the Equity Shareholders of the Applicant Company, which are annexed as Exhibits “G1” to “G11” to the Affidavit in support of Company Summons for Direction. 2. That convening and holding of the meetings of the Secured and 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 Prince Multiplast Private Limited, the Transferor Company with Prince Containers Private Limited, the Applicant / Transferee Company and their Respective Shareholders is dispensed with in view of averments made in paragraphs 20 and 21 of the Affidavit in support of Company Summons for Direction. The Applicant Company undertakes to serve individual notice of the hearing of the petition by R.P.A.D. to all its Secured and Unsecured Creditors. The Applicant Company also undertakes to publish the notice of hearing of the Petition in one issue each of a daily newspaper viz., „Free Press Journal ‟in English language and „Maharashtra Times‟ in Marathi language, both circulated in Mumbai. The said Undertaking is accepted. (S. J. VAZIFDAR, J)