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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:
TOPWORTH PIPES AND TUBES PRIVATE LIMITED
CIN of Corporate Debtor:
U29120MH2005PTC157395
Date of Commencement of CIRP:
11-12-2018
Assets(in Rs) as on the last balance sheet date (write date here):
9399500000.00
31-03-2018
Turnover(in Rs) in the last finacial year (write year here):
1383300000
2017-18
No. of Workmen as on the date of commencement of CIRP:
108
No. of Employees as on the date of Commencement of CIRP:
33
Number of Claimants(Workmen & Employees):
2
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Workmen & Employees):
2400000.00
Number of Claimants(Financial Creditor):
9
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Financial Creditor):
19783400000.00
Number of Claimants(Operational Creditor):
4
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Operational Creditor):
9833000.00
Name of RP:
Registration No. of RP:
Date of Demitting office by RP:
11-06-2020
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:
18-02-2018
Date of Demitting officer as RP:
11-06-2020
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
5530000.00
5530000.00
3.61
17.14
Cost of Insurance for RP
0.00
0.00
0.00
0.00
Other Expenses on/ for RP
(Travel, stay, security, etc related to)
165531.00
0.00
0.11
0.00
Fee payable for support services to an IPE, if Any
9480000.00
9480000.00
6.18
29.38
Running Process / Registered Valuer
Fee Payable to Valuer 1
400000.00
400000.00
0.26
1.24
Fee Payable to Valuer 2
325000.00
325000.00
0.21
1.01
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
2701871.00
2701871.00
1.76
8.37
Fee Payable to audit professionals
375000.00
375000.00
0.24
1.16
Fee Payable to Legal Professional
7716617.00
7716617.00
5.03
23.92
Fee Payable to any other professionals other Expenses on/ for Professionals
(Travel, stay, other out-of-expenses)
3195596.00
3195596.00
2.08
9.90
Data Room Service
428800.00
164065.00
0.28
0.51
Running Process / COC Meeting
Meeting Venue
135000.00
127500.00
0.09
0.40
Video Conferencing
0.00
0.00
0.00
0.00
Electronic Voting
90000.00
85000.00
0.06
0.26
Expenses for or by Authorized
0.00
0.00
0.00
0.00
Any other Expenses related to CoC
145028.00
49370.00
0.09
0.15
Running Process / Examination of Transactions
Preferential Transactions
1275000.00
1275000.00
0.83
3.95
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
0.00
0.00
0.00
0.00
CIRP Related Litigation
0.00
0.00
0.00
0.00
Running Business / Essential Services
Electricity
46672610.00
0.00
30.43
0.00
Water
0.00
0.00
0.00
0.00
Telecommunication Services
140260.00
0.00
0.09
0.00
Information Technology Services
411536.00
0.00
0.27
0.00
Other Essential Services, if Any
3059243.00
0.00
1.99
0.00
Running Business / Other Services
Other Supplies
0.00
0.00
0.00
0.00
Employess and Workmen
28377813.00
0.00
18.50
0.00
Security Personnel Services
7938693.00
0.00
5.18
0.00
Other Expenses, If any
33993898.00
0.00
22.16
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
837624.00
837624.00
0.55
2.60
Amount due to prejudicially affected persons
Other Expenses
0.00
0.00
0.00
0.00
Remarks:
The CIRP cost till 31.01.2020 was presented in the last CoC meeting held on 11.02.2020. The company was a going concern, and the costs were further incurred till receipt of order of Liquidator. Accordingly, the cost incurred after filing of Liquidation Application has not been ratified.
Total Cost
153395120.00
32262643.00
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