IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO.109 OF 2009 In the matter of the Companies Act 1 of 1956); AND In the matter of Section 391 to 394 of the Companies Act, 1956; AND In the matter of Scheme of Amalgamation of HICKORY EXIM (INDIA) PRIVATE LIMITED and CHESTNUT IMPEX PRIVATE LIMITED and SAHYADRI PACKAGING AND TIMBER INDUSTRIES PRIVATE LIMITED with MAPLE MOULDINGS PRIVATE LIMITED SAHYADRI PACKAGING AND TIMBER INDUSTRIES PRIVATE LIMITED, a company incorporated under the Companies Act, 1956 having its registered office at Plot No. 21, M.S.S.I.D.C’S, Wood Based Industrial Complex, Wada, Thane – 421 303, Maharashtra. ) ) ) ) ) ) ) ) … Applicant Company Called for Summons for Direction Coram: S. J. Vazifdar, J Date: 23rd January, 2009 Mr. Rajesh Shah i/b M/s. Rajesh Shah & Co., for the Applicant MINUTES OF THE ORDER 1 UPON the application of the Applicant Company abovenamed by a Summons for Directions AND UPON HEARING M/s. Rajesh Shah instructed by Rajesh Shah & Co., Advocate for the Applicant Company, AND UPON READING the Affidavit dated 20th day of January, 2009 of Mr. Radhe Shyam Kanoria, Director of the Applicant Company, in support of the Summons for Directions IT IS ORDERED:- 1. That the convening and holding of the meeting of the Equity Shareholders of the Applicant Company to consider and approve the proposed Arrangement embodied in the Scheme of Amalgamation of HICKORY EXIM (INDIA) PRIVATE LIMITED , the First Transferor Company and CHESTNUT IMPEX PRIVATE LIMITED , the Second Transferor Company and SAHYADRI PACKAGING AND TIMBER INDUSTRIES PRIVATE LIMITED, the Applicant / Third Transferor Company with MAPLE MOULDINGS PRIVATE LIMITED, the Transferee Company is dispensed with in view of the consent given by all the Equity Shareholders of the Applicant Company as on date, which are annexed as Exhibit “B-1” to “B-6” to the affidavit in support of the Summons for Direction. 2. That the convening and holding the meeting of the sole Secured Creditor of the Applicant Company to consider and approve the proposed Arrangement embodied in the Scheme of Amalgamation of HICKORY EXIM (INDIA) PRIVATE LIMITED , the First Transferor Company and CHESTNUT IMPEX PRIVATE LIMITED , the Second Transferor Company and SAHYADRI PACKAGING AND TIMBER INDUSTRIES PRIVATE LIMITED, the Applicant / Third Transferor Company with MAPLE MOULDINGS 2 PRIVATE LIMITED, the Transferee Company is dispensed with in view of the averment made in paragraph 25 of the affidavit in support of the Summons for Directions. The Applicant undertakes to give individual notice of the hearing of the Petition by Registered Post A.D. to its sole Secured Creditor. The said undertaking is accepted 3. That the convening and holding of the meeting of the Unsecured Creditors of the Applicant Company to consider and approve the proposed Arrangement embodied in the Scheme of Amalgamation of HICKORY EXIM (INDIA) PRIVATE LIMITED , the First Transferor Company and CHESTNUT IMPEX PRIVATE LIMITED , the Second Transferor Company and SAHYADRI PACKAGING AND TIMBER INDUSTRIES PRIVATE LIMITED, the Applicant / Third Transferor Company with MAPLE MOULDINGS PRIVATE LIMITED, the Transferee Company is dispensed with in view of the averment made in paragraph 26 of the Affidavit in support of the Summons for Directions. The Applicant undertakes to give individual notice of date of hearing of Petition by Registered Post A. D. to all its Unsecured Creditors and also to publish the same in Free Press Journal, in English and Maharashtra Times, in Marathi. The undertaking is accepted. COMPANY JUDGE 3