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C.P.No.12 of 2010 5

In C.P.No.125 of 2009, this Court dispensed with the meeting of the Shareholders of the Transferor & Transferee Companies, but directed convening of the meetings of the Unsecured Creditors of the Transferor and Transferee Companies. In pursuance of such direction, a meeting of the Unsecured Creditors of the Transferor and Transferee Companies was held on 16.01.2010. 182 Unsecured Creditors of three Companies attended the meeting including 63 proxies. The total value of the present votes is Rs.4,88,80,80,633/- and that the rejected votes were 53 having total value of Rs.65,39,06,421/-. None of the other Unsecured Creditors have objected to Scheme of Amalgamation having total value of Rs.4,23,41,74,212/-. It is, thus, contended that overwhelming majority of Unsecured Creditors have approved the Scheme of Amalgamation.

From the perusal of the report of the Chairman, it transpires that Annexure 'A' is the list of corporate entities; Annexure 'B' is list of the Unsecured Creditors, who voted through proxies; and Annexure 'C' is the list of the persons, who were present in person, in respect of DLF Services Ltd.-Transferor Company No.1. Annexure 'E' is the list of Unsecured Creditors, who voted through authorized representatives and Annexure 'F' is list of the Unsecured Creditors, who voted through proxies in respect of DT Cinemas Limited-Transferor Company No.2. Annexure 'H' is the list of Unsecured Creditors, who voted through authorized representatives and Annexure 'I' is list of the Unsecured Creditors, who voted through proxies in respect of DLF Utilities Limited-Transferee Company.