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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:
FABTECH SUGAR LIMITED
CIN of Corporate Debtor:
U15424PN2010PLC137545
Date of Commencement of CIRP:
13-05-2021
Assets(in Rs) as on the last balance sheet date (write date here):
3885856849.84
31-03-2020
Turnover(in Rs) in the last finacial year (write year here):
831590914.79
2019-20
No. of Workmen as on the date of commencement of CIRP:
0
No. of Employees as on the date of Commencement of CIRP:
11
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):
11
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Financial Creditor):
5296745706.00
Number of Claimants(Operational Creditor):
32
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Operational Creditor):
100127811.00
Name of IRP:
Ritesh Mahajan
Registration No. of IRP:
IP/N00048
Date of demitting office by IRP:
02-12-2021
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
2153500.00
1327500.00
25.49
17.42
First Month IRP fees was not approved by the CoC
Cost of Insurance for IRP
0.00
0.00
0.00
0.00
Other Expenses on/ for IRP
(Travel, stay, security, etc related to)
49516.00
49516.00
0.59
0.65
Expenses related to Factory Possession
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
358720.00
358720.00
4.25
4.71
Fee Payable to Valuer 2
317500.00
317500.00
3.76
4.17
Other Expenses on/ for Valuers
(Travel, stay, other out-of-pocket)
54700.00
54700.00
0.65
0.72
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
250000.00
250000.00
2.96
3.28
Fee Payable to Legal Professional
350000.00
350000.00
4.14
4.59
Fee Payable to any other professionals other Expenses on/ for Professionals
(Travel, stay, other out-of-expenses)
737000.00
737000.00
8.72
9.67
Running Process / COC Meetings
*
Meeting Venue
35821.26
35821.26
0.42
0.47
Video Conferencing
0.00
0.00
0.00
0.00
Any other Expenses related to COC
0.00
0.00
0.00
0.00
Running Process / Other Expenses
*
Expenses on Pubic Announcement
155925.00
155925.00
1.85
2.05
Expenses on CIRP Related Filings before adjudicating authority and CIRP related litigation
494000.00
494000.00
5.85
6.48
Running Business / Essential Services
*
Electricity
400000.00
400000.00
4.74
5.25
Water
0.00
0.00
0.00
0.00
Telecommunication Services
0.00
0.00
0.00
0.00
Information Technology Services
23600.00
23600.00
0.28
0.31
EDP Supporting Services
Other Essential Services, if Any
120000.00
120000.00
1.42
1.57
Factory Office Miscellaneous
Running Business / Other Services
*
Other Supplies
0.00
0.00
0.00
0.00
Employess and Workmen
795257.00
795257.00
9.41
10.43
Security Personnel Services
1725350.00
1725350.00
20.43
22.64
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
426289.00
426289.00
5.05
5.59
Land Survey Report by Maha Bhoomiabhilekh Expenses and Mangalwedha Temporary office Rent &Other Expenses, New GST No. Application.
Total Cost
8447178.26
7621178.26
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