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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:
Sarbat Cotfab Pvt Ltd
CIN of Corporate Debtor:
U17110CH2005PTC027853
Date of Commencement of CIRP:
15-03-2018
Assets(in Rs) as on the last balance sheet date (write date here):
331084789.00
31-03-2017
Turnover(in Rs) in the last finacial year (write year here):
224119055
2016-17
No. of Workmen as on the date of commencement of CIRP:
17
No. of Employees as on the date of Commencement of CIRP:
17
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):
1
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Financial Creditor):
849406789.80
Number of Claimants(Operational Creditor):
2
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Operational Creditor):
84379757.01
Name of RP:
Registration No. of RP:
Date of Demitting office by RP:
08-06-2020
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:
15-03-2018
Date of Demitting officer as RP:
08-06-2020
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
2802500.00
2802500.00
59.94
59.94
Cost of Insurance for RP
0.00
0.00
0.00
0.00
Other Expenses on/ for RP
(Travel, stay, security, etc related to)
158282.00
158282.00
3.39
3.39
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
2006.00
2006.00
0.04
0.04
Fee Payable to audit professionals
0.00
0.00
0.00
0.00
Fee Payable to Legal Professional
659030.00
659030.00
14.10
14.10
Fee Payable to any other professionals other Expenses on/ for Professionals
(Travel, stay, other out-of-expenses)
11527.00
11527.00
0.25
0.25
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
29500.00
29500.00
0.63
0.63
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
0.00
0.00
0.00
0.00
Filings before adjudicating
1000.00
1000.00
0.02
0.02
CIRP Related Litigation
796500.00
796500.00
17.04
17.04
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
187963.00
187963.00
4.02
4.02
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
26950.00
26950.00
0.58
0.58
Amount due to prejudicially affected persons
Other Expenses
0.00
0.00
0.00
0.00
Remarks:
Application filed for approval of Resolution Plan before Hon'ble NCLT on 27.08.2018 but Plan approved by Hon'ble NCLT vide order dated 08.06.2020 due to frivolous litigation by one shareholder both At Hon'ble NCLT/NCLAT.. Thus CIRP period exceeded 330 days.
Total Cost
4675258.00
4675258.00
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