1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO. 685 OF 2010 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 Arrangement between WMI Cranes Limited (the Demerged Company) and WMI Real Estate Developers Private Limited (Resulting Company) and their respective shareholders and creditors. WMI REAL ESTATE DEVELOPERS PRIVATE LIMITED, a company incorporated under the Companies Act, 1956 having its registered office at 3rd Floor, Industry Manor, Appasaheb Marathe Marg, Near Century Bazaar, Prabhadevi, Mumbai - 400 025. ) ) ) ) ) ) …Applicant Company. Called for Summons for Direction Coram: S. J. Kathawalla, J. Date:15th October, 2010 Mr. Rajesh Shah i/b Trilegal, Advocates for the Applicant MINUTES OF THE ORDER UPON the application of the Applicant Company above named by a Summons for Direction AND UPON HEARING M/s. Rajesh Shah instructed by Trilegal, Advocates for the Applicant Company, AND UPON READING the Affidavit dated 9th day of September, 2010 of Mr. N L Narasimhan, the Authorised Signatory of the Applicant Company, in support of the Summons for Direction and the Exhibits therein referred to, IT IS ORDERED:- 2 1. That the convening and holding the meeting of the Equity Shareholders of the Applicant Company, to consider and approve, the proposed Scheme of Arrangement between WMI CRANES LIMITED, the Demerged Company and WMI REAL ESTATE DEVELOPERS PRIVATE LIMITED, the Applicant / Resulting Company is dispensed with in view of the consents given by all the Equity Shareholders of the Applicant Company, which are annexed as Exhibits “G-1” to “G- 8” to the Affidavit in support of the Summons for Direction. 2. There are no Secured and Unsecured Creditors of the Applicant Company as mentioned in paragraph 14 of the Affidavit in support of Summons for Direction. Hence, the question of convening and holding the meeting of Secured and Unsecured Creditors does not arise. (S. J. Kathawalla, J.)