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3.4. The petitioner-company has also pointed out in the
company petition that this Court passed an order on
16.07.2008 directing the petitioner company to convene
separate meetings of equity shareholders, preference
shareholders, class `A' lenders, class `B' lenders of the
company for the purpose of considering and if thought fit,
approving with or without modification the said composite
scheme of compromise and arrangement. In pursuance to the
said order passed by this Court, notice of meetings were sent
individually to all the equity shareholders, preference
shareholders, class `A' lenders and class `B' lenders of the
company together with copy of the aforesaid scheme and
explanatory statement required under Section 393 of the Act
and a form of proxy. Notice of meetings were also advertised
as directed by this Court in the concerned newspapers.