1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO. 538 OF 2011. In the matter of the Companies Act 1 of 1956); AND In the matter of Sections 391 to 394 of the Companies Act, 1956; AND In the matter of Scheme of Amalgamation of MUR & MUR BIO SCIENCE AND HEALTH LIMITED AND QUEEN PHARMACEUTICALS LIMITED AND BHARTI LIFE SCIENCES PRIVATE LIMITED WITH REGENIX DRUGS LIMITED AND Their Respective Shareholders Bharti Life Sciences Private Limited a private limited company registered under the Companies Act, 1956 and having its Registered office at No. 42 Olyumpus Building, 4TH floor, 179 Perin Nariman Street, Fort, Mumbai 400001. ) ) ) ) …Applicant Company. Called for Summons for Direction Coram: S. C. Dharmadhikari, J. Date: 16th September, 2011 Mr. Ajay Basutkar i/b Mr. Mrugank Shah, Advocate for the Applicant MINUTES OF THE ORDER 2 UPON the application of the Applicant Company above named by a Summons for Direction AND UPON HEARING Mr. Ajay Basutkar instructed by Mr. Mrugank Shah, Advocate for the Applicant Company, AND UPON READING the Affidavit dated 4th May, 2011 and further Affidavit dated 9 th August, 2011 of Mr. V. Nagarajan, Authorised Signatory of the Applicant Company, in support of the Summons for Direction and the Exhibit therein referred to, IT IS ORDERED:- 1. That the convening and holding the meeting of the Equity Shareholders of the Applicant Company to consider and approve the proposed Scheme of Amalgamation of Mur & Mur Bio Science And Health Limited and Queen Pharmaceuticals Limited and Bharti Life Sciences Private Limited with Regenix Drugs Limited and their respective shareholder, is dispensed with in view of the consents given by all the Equity Shareholders of the Applicant Company, which are annexed as Exhibit “L-1” to “L-7” to the Affidavit in Support of the Summons for Direction. 2. That the convening and holding the meeting of the Secured Creditor of the Applicant Company to consider and approve the proposed Scheme of Amalgamation of Mur & Mur Bio Science And Health Limited and Queen Pharmaceuticals Limited and Bharti Life Sciences Private Limited with Regenix Drugs Limited and their respective shareholders, is dispensed with in view of the averments made in paragraph 5 of the further Affidavit in support of the Summons for Direction. The Applicant undertakes to give individual notice of date of hearing of Petition by Registered Post A. D. to its sole Secured Creditors and also to publish the same in two local news papers viz. 3 “Free Press Journal”, in English language and translation thereof in “Maharashtra Times”, in Marathi language, both having circulation in Mumbai. 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 Scheme of Amalgamation of Mur & Mur Bio Science And Health Limited and Queen Pharmaceuticals Limited and Bharti Life Sciences Private Limited with Regenix Drugs Limited and their respective shareholder, is dispensed with in view of the consents given by the sole Unsecured Creditors of the Applicant Company, which is annexed as Exhibit “2” to the further Affidavit in support of the Summons for Direction. (S. C. Dharmadhikari, J.)