ORDER

1. This is a joint First Motion Application filed by Applicant Companies namely; G S Pharmbutor Private Limited (hereinafter referred to as ‘Applicant Company No. 1/Demerged Company’) and Modilac Private Limited (hereinafter referred to as ‘Applicant Company No. 2/Resulting Company’) under Sections 230 & 232 and other relevant provisions of the Companies Act, 2013 , Rule 3 of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016, the National Company Law Tribunal Rules, 2016, and other applicable provisions, if any, in connection with the proposed Scheme of Arrangement between the Applicant Companies. The said Scheme is attached as Annexure A-4 of the Application.

2. The Applicant Companies have prayed for the following reliefs:

i. dispensing with the requirement of convening meetings of Equity Shareholders and Unsecured Creditors of the Resulting Company. The Applicant Resulting Company does not have any Secured Creditor.

ii. convening of separate meetings of Equity Shareholders, Secured Creditors and