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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:
SHIVAJI CANE PROCESSORS LIMITED
CIN of Corporate Debtor:
U15421PN2010PLC136604
Date of Commencement of CIRP:
18-02-2021
Assets(in Rs) as on the last balance sheet date (write date here):
742493285.00
31-03-2020
Turnover(in Rs) in the last finacial year (write year here):
63693787
2019-2020
No. of Workmen as on the date of commencement of CIRP:
0
No. of Employees as on the date of Commencement of CIRP:
15
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):
4
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Financial Creditor):
355137930.00
Number of Claimants(Operational Creditor):
15
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Operational Creditor):
0.00
Name of IRP:
Ritesh Mahajan
Registration No. of IRP:
IP/N00048
Date of demitting office by IRP:
19-03-2021
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
200000.00
100000.00
69.07
62.51
IRP has quoted Rs. 200,000 towards professional Fees. However CoC members has requested IRP to reconsider the professional fee to Rs. 100,000. The same was accepted by IRP.
Cost of Insurance for IRP
0.00
0.00
0.00
0.00
Other Expenses on/ for IRP
(Travel, stay, security, etc related to)
50404.00
32404.00
17.41
20.25
Based on the approved professional fees of IRP the applicable GST cost was also reduced proportionately.
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
0.00
0.00
0.00
0.00
Fee Payable to Valuer 2
0.00
0.00
0.00
0.00
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
0.00
0.00
0.00
0.00
Fee Payable to Audit Professionals
0.00
0.00
0.00
0.00
Fee Payable to Legal Professional
10000.00
10000.00
3.45
6.25
Fee for filing form INC 28 by Company Secretary
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
3823.00
0.00
1.32
0.00
Yet to be placed in next CoC meeting.
Video Conferencing
0.00
0.00
0.00
0.00
Any other Expenses related to COC
7771.00
0.00
2.68
0.00
Electronic Voting and Other Expenses. Yet to be placed in next CoC meeting.
Running Process / Other Expenses
*
Expenses on Pubic Announcement
17577.00
17577.00
6.07
10.99
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
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
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
Total Cost
289575.00
159981.00
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