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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:
Torque Automorive Pvt. Ltd
CIN of Corporate Debtor:
U40105GJ2007PTC050624
Date of Commencement of CIRP:
24-02-2021
Assets(in Rs) as on the last balance sheet date (write date here):
1315133536.00
31-03-2021
Turnover(in Rs) in the last finacial year (write year here):
0
2020-21
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):
1
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Workmen & Employees):
347249.00
Number of Claimants(Financial Creditor):
6
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Financial Creditor):
1243458064.45
Number of Claimants(Operational Creditor):
11
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Operational Creditor):
1055968129.77
Name of IRP:
PARAG SHETH
Registration No. of IRP:
IP/N00142
Date of demitting office by IRP:
12-07-2021
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
381606.50
381606.50
33.96
33.96
Fees of IRP
Cost of Insurance for IRP
0.00
0.00
0.00
0.00
Not Applicable
Other Expenses on/ for IRP
(Travel, stay, security, etc related to)
11800.00
11800.00
1.05
1.05
IRP Expense
Running Process / IPE (Registered Valuer)
*
Fee Payable for support services to an IPE, if any
0.00
0.00
0.00
0.00
Not Applicable
Fee Payable to Valuer 1
86730.00
86730.00
7.72
7.72
OPE Shall charge Extra upon receipt of Invoice
Fee Payable to Valuer 2
86730.00
86730.00
7.72
7.72
OPE Shall charge Extra upon receipt of Invoice
Other Expenses on/ for Valuers
(Travel, stay, other out-of-pocket)
0.00
0.00
0.00
0.00
OPE Shall pay extra upon receipt of Invoice from Valuer
Running Process / Other Professionals engaged for CIRP, not for Corporate Debtor
*
Fee Payable to Accounting and Finance Professionals
35400.00
35400.00
3.15
3.15
Stock Audit - Shah Tilani & Associates
Fee Payable to Audit Professionals
53100.00
53100.00
4.73
4.73
For Transaction Audit under CIRP
Fee Payable to Legal Professional
72500.00
72500.00
6.45
6.45
For Application of 19(2) & Replacement of RP/IRP
Fee Payable to any other professionals other Expenses on/ for Professionals
(Travel, stay, other out-of-expenses)
23600.00
23600.00
2.10
2.10
5900 for GST REgistration - Shah Tilani & Associates & 17700 for GST Return filling
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
5900.00
5900.00
0.53
0.53
E-Voting Charges
Running Process / Other Expenses
*
Expenses on Pubic Announcement
101430.00
101430.00
9.03
9.03
Form A - Public Announcement
Expenses on CIRP Related Filings before adjudicating authority and CIRP related litigation
0.00
0.00
0.00
0.00
Not Applicable
Running Business / Essential Services
*
Electricity
0.00
0.00
0.00
0.00
Not Applicable
Water
0.00
0.00
0.00
0.00
Not Applicable
Telecommunication Services
0.00
0.00
0.00
0.00
Not Applicable
Information Technology Services
15000.00
15000.00
1.33
1.33
Website of CD considering Compliance
Other Essential Services, if Any
0.00
0.00
0.00
0.00
Not Applicable
Running Business / Other Services
*
Other Supplies
0.00
0.00
0.00
0.00
Not Applicable
Employess and Workmen
0.00
0.00
0.00
0.00
Not Applicable
Security Personnel Services
221292.00
221292.00
19.69
19.69
Upto 30.06.2021
Other Expenses, If any
23600.00
23600.00
2.10
2.10
Appoinment of Tax Audutor - SM Tuteja
Running Business / Interim Finance
*
Amount of Interim Finance
0.00
0.00
0.00
0.00
NA
Expenses for Raising Interim Finance
0.00
0.00
0.00
0.00
NA
Interest Payable on Interim Finance
0.00
0.00
0.00
0.00
NA
Other Expenses, If any
0.00
0.00
0.00
0.00
NA
Other Expenses, if any, directly related to CIRP
*
Other Expenses
5100.00
5100.00
0.45
0.45
Company Secretory
Total Cost
1123788.50
1123788.50
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