Guys,
This could be something very informative for all LVM experts !!
The lvm system maintains backup copies of the lvm configuration in the /etc/lvm/archive folder. I found the backup copy from just before my lvm volume was deleted. By using "vgcfgrestore" and the archive file i was able to restore the lvm configuration as it was before the lvm volume was deleted.
The command:
"vgcfgrestore -l VolGroup00"
shows a list of backed up configurations.
I found that the correct configuration was in the file "/etc/lvm/archive/VolGroup00_00054.vg".
Running "vgcfgrestore -f /etc/lvm/archive/VolGroup00_00054.vg" did the trick.
