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2.4. The petitioner-company has also pointed out in the petition that this Court passed an order on 16.7.2008 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. Meetings of different class of persons were held and as per the averment made in the petition, in all the different meetings, the scheme was approved by the statutory majority.