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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:
Archon Engicon Limited
CIN of Corporate Debtor:
U45204GJ2004PLC045191
Date of Commencement of CIRP:
07-09-2021
Assets(in Rs) as on the last balance sheet date (write date here):
3639688449.00
31-03-2020
Turnover(in Rs) in the last finacial year (write year here):
18963426
2019-20
No. of Workmen as on the date of commencement of CIRP:
35
No. of Employees as on the date of Commencement of CIRP:
69
Number of Claimants(Workmen & Employees):
181
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Workmen & Employees):
4051015.00
Number of Claimants(Financial Creditor):
8
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Financial Creditor):
8634256575.00
Number of Claimants(Operational Creditor):
9
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Operational Creditor):
1502442623.00
Name of IRP:
PARTHIV PARIKH
Registration No. of IRP:
IP/N00369
Date of demitting office by IRP:
24-11-2021
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
136000.00
136000.00
3.58
5.71
NA
Cost of Insurance for IRP
0.00
0.00
0.00
0.00
NA
Other Expenses on/ for IRP
(Travel, stay, security, etc related to)
17100.00
17100.00
0.45
0.72
NA
Running Process / IPE (Registered Valuer)
*
Fee Payable for support services to an IPE, if any
1162280.00
1162280.00
30.56
48.77
NA
Fee Payable to Valuer 1
177000.00
177000.00
4.65
7.43
Payment pending
Fee Payable to Valuer 2
203550.00
203550.00
5.35
8.54
Payment pending
Other Expenses on/ for Valuers
(Travel, stay, other out-of-pocket)
0.00
0.00
0.00
0.00
NA
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
NA
Fee Payable to Audit Professionals
148680.00
148680.00
3.91
6.24
Towards Transaction Auditor and Payment is pending
Fee Payable to Legal Professional
0.00
0.00
0.00
0.00
NA
Fee Payable to any other professionals other Expenses on/ for Professionals
(Travel, stay, other out-of-expenses)
73500.00
73500.00
1.93
3.08
Payment of Rs. 70000 to consultant pending
Running Process / COC Meetings
*
Meeting Venue
0.00
0.00
0.00
0.00
NA
Video Conferencing
0.00
0.00
0.00
0.00
NA
Any other Expenses related to COC
35400.00
35400.00
0.93
1.49
E-voting expense
Running Process / Other Expenses
*
Expenses on Pubic Announcement
260815.00
260815.00
6.86
10.94
Payment of Form G publication is pending
Expenses on CIRP Related Filings before adjudicating authority and CIRP related litigation
0.00
0.00
0.00
0.00
NA
Running Business / Essential Services
*
Electricity
184344.00
0.00
4.85
0.00
Operational expense
Water
0.00
0.00
0.00
0.00
NA
Telecommunication Services
0.00
0.00
0.00
0.00
NA
Information Technology Services
0.00
0.00
0.00
0.00
NA
Other Essential Services, if Any
0.00
0.00
0.00
0.00
NA
Running Business / Other Services
*
Other Supplies
0.00
0.00
0.00
0.00
NA
Employess and Workmen
1236086.00
0.00
32.50
0.00
Operational expense
Security Personnel Services
168766.00
168766.00
4.44
7.08
Rs. 105000 plus GST under RCM per month
Other Expenses, If any
0.00
0.00
0.00
0.00
NA
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
0.00
0.00
0.00
0.00
Parthiv.parikh25@gmail.com
Total Cost
3803521.00
2383091.00
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