View Disclosure
Form I : Detail of Corporate Debtor Undergoing Insolvency Resolution Process
(To be submitted by the
IRP/RP
with
Seven Days
of his demitting office as IRP/RP)
Name of Corporate Debtor:
Aditazz Design Technologies Pvt Ltd
CIN of Corporate Debtor:
U72200KA2015PTC078062
Date of Commencement of CIRP:
28-08-2019
Assets(in Rs) as on the last balance sheet date (write date here):
9024427.00
28-08-2019
Turnover(in Rs) in the last finacial year (write year here):
6574723
2019
No. of Workmen as on the date of commencement of CIRP:
0
No. of Employees as on the date of Commencement of CIRP:
0
Number of Claimants(Workmen & Employees):
0
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Workmen & Employees):
0.00
Number of Claimants(Financial Creditor):
0
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Financial Creditor):
0.00
Number of Claimants(Operational Creditor):
3
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Operational Creditor):
86384895.00
Name of IRP:
Basavraj Salimath
Registration No. of IRP:
IP/N00800
Date of demitting office by IRP:
29-11-2019
Name of RP:
Basavraj Salimath
Registration No. of RP:
IP/N00800
Date of Demitting office by RP:
Form II : Detail of Corporate Debtor Undergoing Insolvency Resolution Process
(To be submitted by the
IRP
with
Seven Days
of his demitting office as IRP/RP)
Activity/ Expense
Head / Expense Sub-Head
Amount of Expense (Rs.)
Amount Ratified/
Approved
2
By
% Of Specific
Cost/ Total Cost
% of Specific Ratified Cost / Total Ratified Cost
Remarks
Running Process / IRP
*
Fee Payable to IRP
50000.00
50000.00
59.87
59.87
Cost of Insurance for IRP
0.00
0.00
0.00
0.00
not taken
Other Expenses on/ for IRP
(Travel, stay, security, etc related to)
18400.00
18400.00
22.03
22.03
support and out of pocket expenses
Running Process / IPE (Registered Valuer)
*
Fee Payable for support services to an IPE, if any
0.00
0.00
0.00
0.00
No assets
Fee Payable to Valuer 1
0.00
0.00
0.00
0.00
N.A.
Fee Payable to Valuer 2
0.00
0.00
0.00
0.00
N.A.
Other Expenses on/ for Valuers
(Travel, stay, other out-of-pocket)
0.00
0.00
0.00
0.00
No expenses
Running Process / Other Professionals engaged for CIRP, not for Corporate Debtor
*
Fee Payable to Accounting and Finance Professionals
0.00
0.00
0.00
0.00
Nil
Fee Payable to Audit Professionals
0.00
0.00
0.00
0.00
Nil
Fee Payable to Legal Professional
0.00
0.00
0.00
0.00
Fee Payable to any other professionals other Expenses on/ for Professionals
(Travel, stay, other out-of-expenses)
0.00
0.00
0.00
0.00
Nil
Running Process / COC Meetings
*
Meeting Venue
0.00
0.00
0.00
0.00
Video Conferencing
0.00
0.00
0.00
0.00
Any other Expenses related to COC
0.00
0.00
0.00
0.00
Running Process / Other Expenses
*
Expenses on Pubic Announcement
15120.00
15120.00
18.10
18.10
paper publication expenses
Expenses on CIRP Related Filings before adjudicating authority and CIRP related litigation
0.00
0.00
0.00
0.00
Nil
Running Business / Essential Services
*
Electricity
0.00
0.00
0.00
0.00
unit closed in March 2018
Water
0.00
0.00
0.00
0.00
ubit closed in March 2018
Telecommunication Services
0.00
0.00
0.00
0.00
unit closed in March 2018
Information Technology Services
0.00
0.00
0.00
0.00
unit closed in March 2018
Other Essential Services, if Any
0.00
0.00
0.00
0.00
unit closed in March 2018
Running Business / Other Services
*
Other Supplies
0.00
0.00
0.00
0.00
unit closed
Employess and Workmen
0.00
0.00
0.00
0.00
unit closed
Security Personnel Services
0.00
0.00
0.00
0.00
unit closed
Other Expenses, If any
0.00
0.00
0.00
0.00
unit closed
Running Business / Interim Finance
*
Amount of Interim Finance
0.00
0.00
0.00
0.00
unit closed
Expenses for Raising Interim Finance
0.00
0.00
0.00
0.00
unit closed
Interest Payable on Interim Finance
0.00
0.00
0.00
0.00
unit closed
Other Expenses, If any
0.00
0.00
0.00
0.00
unit closed
Other Expenses, if any, directly related to CIRP
*
Other Expenses
0.00
0.00
0.00
0.00
basavaraj.salimath54@gmail.com
Total Cost
83520.00
83520.00
Form III : Detail of Corporate Debtor Undergoing Insolvency Resolution Process
(To be submitted by the
RP
with
Seven Days
of his demitting office as IRP/RP)
Date of Joining as RP:
28-09-2019
Date of Demitting officer as RP:
18-01-2021
Activity/ Expense Head / Expense Sub-Head
Amount of Expense (Rs.)
Amount Retified/ Approved
2
By CoC
% of expense cost/ Total Cost
% of Specific Ratified Cost / Total Ratified Cost
Running Process / RP
Fee Payable to RP
841666.00
841666.00
88.52
77.73
Cost of Insurance for RP
0.00
0.00
0.00
0.00
Other Expenses on/ for RP
(Travel, stay, security, etc related to)
0.00
0.00
0.00
0.00
Fee payable for support services to an IPE, if Any
0.00
0.00
0.00
0.00
Running Process / Registered Valuer
Fee Payable to Valuer 1
0.00
0.00
0.00
0.00
Fee Payable to Valuer 2
0.00
0.00
0.00
0.00
Fee Payable to Valuer 3, if any
0.00
0.00
0.00
0.00
Fee Payable for support services to an IPE, if any
0.00
0.00
0.00
0.00
Running Process / Other Professional engaged for CIRP, not for Corporate Debtor
Fee Payable to Accounting and Finance Professionals
51000.00
51000.00
5.36
4.71
Fee Payable to audit professionals
0.00
0.00
0.00
0.00
Fee Payable to Legal Professional
30000.00
30000.00
3.16
2.77
Fee Payable to any other professionals other Expenses on/ for Professionals
(Travel, stay, other out-of-expenses)
0.00
0.00
0.00
0.00
Data Room Service
0.00
0.00
0.00
0.00
Running Process / COC Meeting
Meeting Venue
0.00
0.00
0.00
0.00
Video Conferencing
0.00
0.00
0.00
0.00
Electronic Voting
0.00
0.00
0.00
0.00
Expenses for or by Authorized
0.00
0.00
0.00
0.00
Any other Expenses related to CoC
0.00
0.00
0.00
0.00
Running Process / Examination of Transactions
Preferential Transactions
0.00
0.00
0.00
0.00
Under/ Over-valued transactions
0.00
0.00
0.00
0.00
Extortionate transactions
0.00
0.00
0.00
0.00
Fraudulent Transactions
0.00
0.00
0.00
0.00
Running Process / Other Expenses
Expenses on CIRP related
22955.00
155000.00
2.41
14.31
Filings before adjudicating
5200.00
5200.00
0.55
0.48
CIRP Related Litigation
0.00
0.00
0.00
0.00
Running Business / Essential Services
Electricity
0.00
0.00
0.00
0.00
Water
0.00
0.00
0.00
0.00
Telecommunication Services
0.00
0.00
0.00
0.00
Information Technology Services
0.00
0.00
0.00
0.00
Other Essential Services, if Any
0.00
0.00
0.00
0.00
Running Business / Other Services
Other Supplies
0.00
0.00
0.00
0.00
Employess and Workmen
0.00
0.00
0.00
0.00
Security Personnel Services
0.00
0.00
0.00
0.00
Other Expenses, If any
0.00
0.00
0.00
0.00
Running Business / Interim Finance
Amount of Interim Finance
0.00
0.00
0.00
0.00
Expenses for raising Interim Finance
0.00
0.00
0.00
0.00
Interest payable on Interim Finance
0.00
0.00
0.00
0.00
Other Expenses, If any directly related to
0.00
0.00
0.00
0.00
Other Expenses, if any, directly related to CIRP
Other Expenses
0.00
0.00
0.00
0.00
Amount due to prejudicially affected persons
Other Expenses
0.00
0.00
0.00
0.00
Remarks:
Liquidation application was filed on 28/2/2020 but the order was passed on 18/1/21 but received by me on 18/2/21 and publication on 19/2/21. Preliminary and progress reports are filed and shortly Final report and Dissolution application will be filed before August after audit of the accounts
Total Cost
950821.00
1082866.00
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