IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO. 582 OF 2010 In the matter of Section 391 and 394 of the Companies Act, 1956 And In the matter of Scheme of Amalgamation of Rajesh Rajeev Investments Pvt. Ltd. and C. P. Plastics with Proline Exports Pvt. Ltd C. P. PLASTICS PRIVATE LIMITED, A company registered under Companies Act, 1956, having its registered office at Sahas, 4th Floor, 414/2, Veer Savarkar Marg, Prabhadevi, Mumbai- 400025. In the State of Maharashtra. ] ] ] ] ] ] ] Applicant Called Summons for Direction Coram: S. J. Kathawalla, J Dated: 27th August, 2010 Mr. Satyan S. Israni, Advocate for the Applicant MINUTES OF ORDER UPON the Application of the Applicant Company by a Summons for Direction AND UPON HEARING Mr. Satyan S. Israni, Advocate for the Applicant Company, AND UPON READING the Affidavit dated 9th July, 2010 of Mr. Sudhanshu Namdeo, Authorised Signatory of the Applicant Company in Support of Summons for Direction and the Exhibits therein referred to, IT IS ORDERED: 1. That the convening and holding of the Meeting of the Equity Shareholders of the Applicant Company, for the purpose of considering and, if thought fit, approving with or without modifications, the proposed Scheme of Amalgamation of Rajesh Rajeev Investments Private Limited and C. P. Plastics Private Limited, the Transferor Companies with Proline Exports 2 Private Limited, the Transferee Company, is hereby dispensed with in view of the consents given by all the Equity Shareholders of the Applicant Company which are annexed and marked as Exhibits ‘C1’ to ‘C5’ to the Affidavit in support of Summons for Direction. 2. That the convening and holding of the Meeting of the Secured Creditors of the Applicant Company, for the purpose of considering and, if thought fit, approving with or without modifications, the proposed Scheme of Amalgamation of Rajesh Rajeev Investments Private Limited and C. P. Plastics Private Limited, the Transferor Companies with Proline Exports Private Limited, the Transferee Company, is hereby dispensed with in view of the consent given by the Secured Creditor of the Applicant Company which is annexed and marked as Exhibit ‘E’ to the Affidavit in support of Summons for Direction. 3. There are no Unsecured Creditors of the Applicant Company as mentioned in Paragraph 31 of the Affidavit in support of Summons for Direction. Hence, the question of convening and holding the meeting of Unsecured Creditors does not arise. (S. J. KATHAWALLA, J.)