My scenario is: ADSM database is corrupt/lost Here are steps Ive documented  to
recover it. Am I on track??

1. Halt ADSM.
2. Recover volume history and device configuration files by recreating them
from a remote copy of each file or
    from contents of a recent DRM plan. (these must exist before the database
restore is attempted)
2. If database and log volumes do not exist, reformat them with DSMSERV DSMFMT
respectively.
3. Restore database from a full backup ( Im running daily full backups ).
     DSMSERV RESTORE DB
4. Start the ADSM server
5. Run AUDIT VOLUME FIX=YES to check for inconsistences between volumes and the
database that was restored.