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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:
SAURASHTRA SPECIALITIES PRIVATE LIMITED
CIN of Corporate Debtor:
U24133GJ2001PTC039805
Date of Commencement of CIRP:
31-10-2022
Assets(in Rs) as on the last balance sheet date (write date here):
314213837.00
31-03-2019
Turnover(in Rs) in the last finacial year (write year here):
430733194
2018-19
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):
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):
2
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Financial Creditor):
171130491.00
Number of Claimants(Operational Creditor):
9
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Operational Creditor):
48491571.00
Name of IRP:
ASHISH SHAH
Registration No. of IRP:
IP/N00214
Date of demitting office by IRP:
19-01-2023
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
310732.00
310732.00
48.32
48.45
Cost of Insurance for IRP
0.00
0.00
0.00
0.00
Other Expenses on/ for IRP
(Travel, stay, security, etc related to)
3049.00
3049.00
0.47
0.48
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
139000.00
139000.00
21.61
21.68
Fee Payable to Valuer 2
0.00
0.00
0.00
0.00
Other Expenses on/ for Valuers
(Travel, stay, other out-of-pocket)
8915.00
8915.00
1.39
1.39
Travel Related
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
59000.00
59000.00
9.17
9.20
Transaction Review Auditor
Fee Payable to Legal Professional
0.00
0.00
0.00
0.00
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
0.00
0.00
0.00
0.00
Video Conferencing
0.00
0.00
0.00
0.00
Any other Expenses related to COC
4720.00
4720.00
0.73
0.74
E-Voting
Running Process / Other Expenses
*
Expenses on Pubic Announcement
71278.00
71278.00
11.08
11.11
Includes Rs. 30429/- of Form-G
Expenses on CIRP Related Filings before adjudicating authority and CIRP related litigation
2590.00
2590.00
0.40
0.40
2 IA for Coc report and Claims
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
42000.00
42000.00
6.53
6.55
Till 31.12.2022
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
1800.00
0.00
0.28
0.00
Reg Fees U/s 31(2)
Total Cost
643084.00
641284.00
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