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11. After the previous petition filed by the petitioners for sanction of the scheme came to be withdrawn with liberty to file a fresh petition, Company Petition No.292 of 2008 came to be filed by the petitioners seeking directions for convening meetings. After considering the revised proposal/scheme, this Court vide order dated 13th May, 2008 allowed the application and directed convening of meetings. Accordingly, notices of the meeting were sent individually to the shareholders, unsecured creditors and workers of the Company, together with copy of the Scheme of Compromise with statement as required under section 393 of the Companies Act, 1965 and form of proxy. On 13th June, 2008, a meeting of the unsecured creditors was duly convened. Pursuant thereto, the Chairman reported the results stating that the meeting was attended in person/through proxies by twelve creditors having total value of Rs.27,48,154/-. All the twelve unsecured creditors voted in favour of the scheme.