IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO.1516 OF 2008 In the matter of the Companies Act, 1956 (I of 1956); AND In the matter of Sections 100 to 104 of the Companies Act, 1956; AND In the matter of Reduction of Equity Share Capital Account of NITIN ALLOYS GLOBAL LIMITED NITIN ALLOYS GLOBAL LIMITED } (Formerly known as Aditya leasing ltd)} a Company incorporated under the } Companies Act, 1956, having its } Registered Office at Prestige, Precinct, } 3rd Floor, Almedia Road, } Thane West - 400 601 } ..Applicant Company Coram : A. M. Khanwilkar, J. Date : 14 th November, 2008 MINUTES OF THE ORDER UPON THE APPLICATION of the above named Applicant Company by a summons for direction AND UPON HEARING Mr. Rajesh Shah of M/s. Rajesh Shah & Co., Advocates for the 1 Applicant Company AND UPON READING the affidavit of Mr. Arvind Jalan, Director of the Applicant Company dated 18 th October, 2008 AND Applicant Company having passed Special Resolution at the Extra Ordinar1y General Meeting of the Equity Shareholders of the Applicant Company held on 21 st day of January, 2008 AND in view of the averment made in paragraph 16 of the said affidavit that the proposed reduction of Equity Share Capital does not involve either the diminution of any liability in respect of unpaid capital or the payment to any Shareholder of any paid-up capital nor any call is being waived, it is ordered that the provisions of and the procedure prescribed under Section 101(2) of the Companies Act, 1956 are not applicable and the same is hereby dispensed with. COMPANY JUDGE 2