View Disclosure
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:
SUMEET INDUSTRIES LIMITED
CIN of Corporate Debtor:
L45200GJ1988PLC011049
Date of Commencement of CIRP:
20-12-2022
Assets(in Rs) as on the last balance sheet date (write date here):
4820679000.00
31-03-2023
Turnover(in Rs) in the last finacial year (write year here):
10331241000
2022-2023
No. of Workmen as on the date of commencement of CIRP:
870
No. of Employees as on the date of Commencement of CIRP:
40
Number of Claimants(Workmen & Employees):
22
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Workmen & Employees):
1264873.00
Number of Claimants(Financial Creditor):
6
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Financial Creditor):
6144929744.00
Number of Claimants(Operational Creditor):
141
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Operational Creditor):
366445027.00
Name of RP:
Registration No. of RP:
Date of Demitting office by RP:
16-07-2024
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:
15-02-2023
Date of Demitting officer as RP:
16-07-2024
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
5637842.00
5637842.00
0.22
0.22
Cost of Insurance for RP
0.00
0.00
0.00
0.00
Other Expenses on/ for RP
(Travel, stay, security, etc related to)
895669.00
895669.00
0.04
0.04
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
385436.00
385436.00
0.02
0.02
Fee Payable to Valuer 2
421200.00
421200.00
0.02
0.02
Fee Payable to Valuer 3, if any
81000.00
81000.00
0.00
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
186840.00
186840.00
0.01
0.01
Fee Payable to Legal Professional
1947801.00
1947801.00
0.08
0.08
Fee Payable to any other professionals other Expenses on/ for Professionals
(Travel, stay, other out-of-expenses)
3408639.00
3408639.00
0.13
0.13
Data Room Service
0.00
0.00
0.00
0.00
Running Process / COC Meeting
Meeting Venue
77300.00
77300.00
0.00
0.00
Video Conferencing
0.00
0.00
0.00
0.00
Electronic Voting
82080.00
82080.00
0.00
0.00
Expenses for or by Authorized
0.00
0.00
0.00
0.00
Any other Expenses related to CoC
0.00
0.00
0.00
0.00
Running Process / Examination of Transactions
Preferential Transactions
243000.00
243000.00
0.01
0.01
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
0.00
0.00
0.00
0.00
CIRP Related Litigation
0.00
0.00
0.00
0.00
Running Business / Essential Services
Electricity
657425045.00
657425045.00
26.00
26.00
Water
0.00
0.00
0.00
0.00
Telecommunication Services
0.00
0.00
0.00
0.00
Information Technology Services
14756587.30
14756587.30
0.58
0.58
Other Essential Services, if Any
30568962.00
30568962.00
1.21
1.21
Running Business / Other Services
Other Supplies
1342694825.00
1342694825.00
53.10
53.10
Employess and Workmen
417040524.00
417040524.00
16.49
16.49
Security Personnel Services
0.00
0.00
0.00
0.00
Other Expenses, If any
52785016.00
52785016.00
2.09
2.09
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
0.00
0.00
0.00
0.00
Other Expenses, if any, directly related to CIRP
Other Expenses
116813.00
116813.00
0.00
0.00
Amount due to prejudicially affected persons
Other Expenses
0.00
0.00
0.00
0.00
Remarks:
CD is running unit and the costs incurred by the resolution professional in running the business of the corporate debtor as a going concern are include in the CIRP cost.
Total Cost
2528754579.30
2528754579.30
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