IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO.1175 OF 2009 In the matter of Companies Act, 1956; And In the matter of Sections 100 to 105 of the Companies Act, 1956 And In the matter of Reduction of Capital of Pune Power Development Private Limited Pune Power Development Private Limited, a } Company Incorporated under the provisions of } Companies Act, 1956, having its Registered Office } at C/o Kalyani Steels Limited, Mundhwa, } Pune – 411 036 } …..Applicant Company Called Summons for Direction CORAM: Dr. D. Y. CHANDRACHUD J DATE: 20th NOVEMEBR 2009 Mr. Hemant Sethi i/b Hemant Sethi & Co. Advocates for Applicant MINUTES OF ORDER UPON the Application of abovenamed Company by a summons dated 14th day of November 2009 AND UPON HEARING Mr Hemant Sethi, Advocate for Applicant Company AND UPON reading the affidavit of Mrs. Deepti R. Puranik, Authorised Signatory of the Applicant Company dated 14th November 2009 AND Applicant having passed Special Resolution at its Extraordinary General Meeting held on 28th day of October 2009 AND in view of the averments made in paragraph fourteen and fifteen of the affidavit of Mrs. Deepti R. Puranik Authorised Signatory of the Applicant Company dated 14th November 2009 the procedure prescribed under Section 101(2) of the Companies Act is dispensed with. (DR. D. Y. CHANDRACHUD J)