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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:
BIW Fabricators Pvt. Ltd.
CIN of Corporate Debtor:
U27100CT2009PTC021208
Date of Commencement of CIRP:
14-01-2019
Assets(in Rs) as on the last balance sheet date (write date here):
97209153.00
14-01-2019
Turnover(in Rs) in the last finacial year (write year here):
87798294
2017-2018
No. of Workmen as on the date of commencement of CIRP:
0
No. of Employees as on the date of Commencement of CIRP:
3
Number of Claimants(Workmen & Employees):
37
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Workmen & Employees):
4341159.00
Number of Claimants(Financial Creditor):
1
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Financial Creditor):
273362509.00
Number of Claimants(Operational Creditor):
35
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Operational Creditor):
8605019.00
Name of RP:
Registration No. of RP:
Date of Demitting office by RP:
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:
13-02-2019
Date of Demitting officer as RP:
16-08-2019
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
1061667.00
875000.00
34.56
54.19
Cost of Insurance for RP
0.00
0.00
0.00
0.00
Other Expenses on/ for RP
(Travel, stay, security, etc related to)
129571.00
125341.00
4.22
7.76
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
50000.00
0.00
1.63
0.00
Fee Payable to Valuer 2
35000.00
0.00
1.14
0.00
Fee Payable to Valuer 3, if any
65000.00
0.00
2.12
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
0.00
0.00
0.00
0.00
Fee Payable to audit professionals
90270.00
90270.00
2.94
5.59
Fee Payable to Legal Professional
285000.00
250000.00
9.28
15.48
Fee Payable to any other professionals other Expenses on/ for Professionals
(Travel, stay, other out-of-expenses)
16477.00
0.00
0.54
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
41796.00
36426.00
1.36
2.26
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
7401.00
7401.00
0.24
0.46
CIRP Related Litigation
0.00
0.00
0.00
0.00
Running Business / Essential Services
Electricity
329952.00
0.00
10.74
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
366702.00
0.00
11.94
0.00
Security Personnel Services
350000.00
0.00
11.39
0.00
Other Expenses, If any
4950.00
0.00
0.16
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
237853.00
230353.00
7.74
14.27
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:
The above stated amounts are exclusive of GST or any other tax as applicable.
Total Cost
3071639.00
1614791.00
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