IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO. 275 OF 2010. 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 VIDHI HOLDINGS PRIVATE LIMITED and MANOKAMNA BUILDERS PRIVATE LIMITED with KONARK BUILDERS AND DEVELOPERS PRIVATE LIMITED. MANOKAMNA BUILDERS PRIVATE LIMITED, a company incorporated under the Companies Act, 1956 having its registered office at Konarkshram, 156, MMM Road, Tardeo, Mumbai – 400 034. ) ) ) ) ) … Applicant Company. Called for Summons for Direction Coram: S. J. Kathawalla, J Date:16th April, 2010 Mr. Rajesh Shah i/b M/s. Rajesh Shah & Co., Advocate for the Applicant MINUTES OF THE ORDER UPON the application of the Applicant Company abovenamed by a Summons for Directions AND UPON HEARING Mr. Rajesh Shah instructed by M/s.Rajesh Shah & Co., Advocate for the Applicant Company, AND UPON READING the Affidavit dated 3rd day of April, 2010 of Miss Girija M. Beriwal, Authorised Signatory of the Applicant Company, in support of the Summons for Directions IT IS ORDERED:- 1 1. That the convening and holding the meeting of the Equity Shareholders of the Applicant Company to consider and approve the proposed Arrangement embodied in the Scheme of Amalgamation of VIDHI HOLDINGS PRIVATE LIMITED, the First Transferor Company and MANOKAMNA BUILDERS PRIVATE LIMITED, the Applicant / Second Transferor Company with KONARK BUILDERS AND DEVELOPERS 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 Exhibits “B-1” and “B-2” to the affidavit in support of the Summons for Direction. 2. There are no Secured Creditors of the Applicant Company as mentioned in paragraph 20 of the Affidavit in support of Summons for Directions, hence, the question of convening and holding the meeting of Secured Creditors does not arise. 3. That the convening and holding the meeting of the sole Unsecured Creditor of the Applicant Company to consider and approve the proposed Arrangement embodied in the Scheme of Amalgamation of VIDHI HOLDINGS PRIVATE LIMITED, the First Transferor Company and MANOKAMNA BUILDERS PRIVATE LIMITED, the Applicant / Second Transferor Company with KONARK BUILDERS AND DEVELOPERS PRIVATE LIMITED, the Transferee Company is dispensed with in view of the consent given by the sole Unsecured Creditor of the Applicant Company as on date, which are 2 annexed as Exhibits “C” to the affidavit in support of the Summons for Direction. (S. J. Kathawalla, J) 3