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1. This application has been moved by the Central Bank of India with a prayer that the court vacate an ex parte order dated 15 October, 2003 passed on an application for the grant of a stay under Section 391(6) of the Companies Act 1956 ('the Act'). On 15 October, 2003, on an application made by Roofit Industries Ltd., the respondent herein, stating that the company was proposing a scheme of compromise/arrangement with its secured and unsecured creditors, an order was passed in terms of minutes. The minutes which were tendered before the court, inter alia, provided that six months thereafter, the company would hold a meeting of the secured and unsecured creditors for considering the scheme of compromise or arrangement. On the same date, an order was prayed in terms of prayer Clauses (a) and (o) of Company Application (Ldg.) No. 880 of 2003 which was in the following terms :