This is to inform you that 15th meeting of the Committee of Creditors ('CoC') of EDUCOMP SOLUTIONS LIMITED (under Corporate Insolvency Resolution Process) was held on Friday, 10th day of January 2020 at 03:00 p.m. at The Royal Plaza, 19, Ashoka Rd, Janpath, Connaught Place, New Delhi, Delhi 110001 In this regard, please find enclosed the following outcome of E-Voting: 1. The Resolution Professional had sought the approval of the members of the CoC for invocation /forfeiture of earnest money deposit of Rs. 2,00,00,000/- (Rupees Two Crores only) ('EMD') furnished by Ebix Singapore Pte Ltd. ('Resolution Applicant') at the time of submission of its Resolution Plan in the form of Demand Draft as per Clause 1.9.1 of RFRP and authorize the resolution professional to take such steps and do all acts, deeds and things that may be necessary, proper, expedient or incidental for the purpose of giving effect to this resolution. Result: The same was approved by the members with requisite majority.