IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO. 776 OF 2011 In the matter of the Companies Act, 1956; And In the matter of Application under Sections 391 to 394 of the Companies Act, 1956; And In the matter of SEALAND INVESTMENTS PRIVATE LIMITED [CIN : U67120MH1991PTC060720]. And In the matter of Scheme of Amalgamation between SEALAND INVESTMENTS PRIVATE LIMITED and RAGHUVANSHI INVESTMENT PRIVATE LIMITED and their respective shareholders. SEALAND INVESTMENTS PRIVATE LIMITED [CIN : U67120MH1991PTC060720], a company incorporated under the Companies Act, 1956, having its Registered Office at Peninsula House, 2nd Floor, 235 Dr. D.N. Road, Fort, Mumbai-400001, Maharashtra. ) ) ) ) ) ) … Applicant Company Called Summons for Direction Coram: S.C.Dharmadhikari, J. Date : 16th December, 2011 Ms. Sowmya Srikrishna with Mr. Tapan Deshpande, Advocates i/b. Amarchand & Mangaldas & Suresh A. Shroff & Co., Advocates for the Applicant Company. 2 MINUTES OF THE ORDER Upon the Application of the Applicant Company above named by Summons for Directions and upon hearing Ms Sowmya Srikrishna Advocate instructed by Amarchand & Mangaldas & Suresh A. Shroff & Co., Advocates for the Applicant Company and upon reading the Affidavit dated 7th December, 2011 of Mr. Raajesh Kumar Gupta, Director of the Applicant Company, in Support of the Summons for Direction and the Exhibits referred therein, IT IS ORDERED: (1) That, the convening and holding meeting of the Equity Shareholders of the Applicant Company, for the purpose of considering and, if thought fit, approving, with or without modification, the proposed Scheme of Amalgamation between Sealand Investments Private Limited and Raghuvanshi Investment Private Limited and their respective shareholders, is dispensed with, in view of the letters of consent given by all the three Equity Shareholders annexed as Exhibits “D1 to D3” to the Affidavit in Support of the Company Summons for Direction. (2) There are no Secured Creditors and Unsecured Creditors of the Applicant Company as mentioned in paragraphs 14 and 15 of the Affidavit in Support of the Company Summons for Direction respectively. Hence the question of convening and holding the meetings of the Secured Creditors and Unsecured Creditors of the Applicant Company does not arise. (S. C. Dharmadhikari, J.)