THE HON’BLE SRI JUSTICE B.SESHASAYANA REDDY Company Application No.578 of 2011 (Dated : 13-06-2011) Between: M/s Biological E Limited …..Applicant Company THE HON’BLE SRI JUSTICE B.SESHASAYANA REDDY Company Application No.578 of 2011 ORDER: This application has been filed by M/s Biological E Limited, a company incorporated under the Companies Act, 1956 under Section 391 and 394 of the Companies Act, 1956 read with Rule 9 of the Company (Court) Rules, 1959, seeking a direction for publication of the notice and to convene the meeting of the shareholders and unsecured creditors of the applicant company, appointment of Chairperson and to consider the scheme of amalgamation. This Court, by order dated 30.04.2011, appointed Ms.Nargis Aeshan Khan, a practicing Advocate of this Court as Chairperson to convene the meeting of the shareholders. Meeting of the shareholders of the applicant company has been directed to be published in “Business Standard” (English daily newspaper) and “Andhra Bhoomi” (Telugu daily newspaper) having circulation at Hyderabad. Accordingly, Ms.Nargis Aeshan Khan conducted meeting of the shareholders of the applicant company on 30th May, 2011 at 10.30 AM at 18/1 & 3, Azamabad, Hyderabad and filed her report. It is stated in the report that the said meeting was attended by 4 members in person holding shares valued at Rs.4,57,58,600/- divided into 4,57,586 equity shares of Rs.100/- each and 8 members by proxies holding shares valued at Rs.37,16,400/- divided into 37,164 equity shares of Rs.100/- each aggregating to value of Rs.4,94,75,000/- divided into 4,94,750 equity shares of Rs.100/- each out of the issued, subscribed and paid up capital of the company of Rs.4,95,00,000/- divided into 4,95,000 equity shares of Rs.100/- each fully paid up. All the shareholders voted in favour of the proposed scheme of arrangement. In view of the report of the Chairperson, no further orders need be passed in this application and accordingly, the company application is hereby closed. _____________________ B.SESHASAYANA REDDY, J Dt.13th June, 2011 PNV