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:
GUJARAT STATE CONSTRUCTION CORPORATION LIMITED
CIN of Corporate Debtor:
U99999GJ1974SGC002635
Date of Commencement of CIRP:
11-11-2020
Assets(in Rs) as on the last balance sheet date (write date here):
212035894.00
31-03-2017
Turnover(in Rs) in the last finacial year (write year here):
0
2016-2017
No. of Workmen as on the date of commencement of CIRP:
0
No. of Employees as on the date of Commencement of CIRP:
1
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):
581993531.00
Number of Claimants(Operational Creditor):
0
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Operational Creditor):
0.00
Name of IRP:
ARVIND GAUDANA
Registration No. of IRP:
IP/N00283
Date of demitting office by IRP:
10-12-2020
Name of RP:
ARVIND GAUDANA
Registration No. of RP:
IP/N00283
Date of Demitting office by RP:
03-09-2021
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
600000.00
600000.00
45.77
45.77
Professional Fees payable every month FROM 11/11/2020 TO 19/08/2021
Cost of Insurance for IRP
0.00
0.00
0.00
0.00
Other Expenses on/ for IRP
(Travel, stay, security, etc related to)
0.00
0.00
0.00
0.00
Running Process / IPE (Registered Valuer)
*
Fee Payable for support services to an IPE, if any
0.00
0.00
0.00
0.00
Fee Payable to Valuer 1
26668.00
26668.00
2.03
2.03
Moksha Tecnocratee
Fee Payable to Valuer 2
17700.00
17700.00
1.35
1.35
Shree Datt Valuers & Accociates
Other Expenses on/ for Valuers
(Travel, stay, other out-of-pocket)
0.00
0.00
0.00
0.00
Running Process / Other Professionals engaged for CIRP, not for Corporate Debtor
*
Fee Payable to Accounting and Finance Professionals
28821.00
28821.00
2.20
2.20
Acounts and Compliance
Fee Payable to Audit Professionals
23600.00
23600.00
1.80
1.80
Statutory Audit fees to M.K. Shah & Co.
Fee Payable to Legal Professional
239000.00
239000.00
18.23
18.23
Advocate Fees
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
Running Process / COC Meetings
*
Meeting Venue
0.00
0.00
0.00
0.00
Video Conferencing
5000.00
5000.00
0.38
0.38
Any other Expenses related to COC
0.00
0.00
0.00
0.00
Running Process / Other Expenses
*
Expenses on Pubic Announcement
62370.00
62370.00
4.76
4.76
Pubic Announcement
Expenses on CIRP Related Filings before adjudicating authority and CIRP related litigation
0.00
0.00
0.00
0.00
Running Business / Essential Services
*
Electricity
3040.00
3040.00
0.23
0.23
EXPENSES INCURRED BY IRP FROM 11/11/2020 TO 19/08/2021
Water
9325.00
9325.00
0.71
0.71
EXPENSES INCURRED BY IRP FROM 11/11/2020 TO 19/08/2021
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
7323.00
7323.00
0.56
0.56
EXPENSES INCURRED BY IRP FROM 11/11/2020 TO 19/08/2021
Running Business / Other Services
*
Other Supplies
0.00
0.00
0.00
0.00
Employess and Workmen
288000.00
288000.00
21.97
21.97
Staff Salary ,EXPENSES INCURRED BY IRP FROM 11/11/2020 TO 19/08/2021
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
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
arvindg_cs@yahoo.com
Total Cost
1310847.00
1310847.00
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:
11-11-2020
Date of Demitting officer as RP:
02-03-2022
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
525000.00
525000.00
52.16
52.16
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
75026.00
75026.00
7.45
7.45
Fee Payable to audit professionals
70800.00
70800.00
7.03
7.03
Fee Payable to Legal Professional
78100.00
78100.00
7.76
7.76
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
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
540.00
540.00
0.05
0.05
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
5000.00
5000.00
0.50
0.50
Running Business / Other Services
Other Supplies
0.00
0.00
0.00
0.00
Employess and Workmen
252000.00
252000.00
25.04
25.04
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:
Total Cost
1006466.00
1006466.00
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