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:
Privilege Industries Limited
CIN of Corporate Debtor:
U15530MH1995PLC090556
Date of Commencement of CIRP:
20-02-2023
Assets(in Rs) as on the last balance sheet date (write date here):
13356006000.00
31-03-2022
Turnover(in Rs) in the last finacial year (write year here):
2442313000
2021-22
No. of Workmen as on the date of commencement of CIRP:
63
No. of Employees as on the date of Commencement of CIRP:
55
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):
6964695407.00
Number of Claimants(Operational Creditor):
3
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Operational Creditor):
0.00
Name of IRP:
Devendra Prasad
Registration No. of IRP:
IP/N00436
Date of demitting office by IRP:
20-04-2023
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
703786.00
703786.00
1.72
34.59
Cost of Insurance for IRP
0.00
0.00
0.00
0.00
Other Expenses on/ for IRP
(Travel, stay, security, etc related to)
64144.00
64144.00
0.16
3.15
Running Process / IPE (Registered Valuer)
*
Fee Payable for support services to an IPE, if any
1172976.00
1172976.00
2.86
57.66
Fee Payable to Valuer 1
0.00
0.00
0.00
0.00
Fee Payable to Valuer 2
0.00
0.00
0.00
0.00
Other Expenses on/ for Valuers
(Travel, stay, other out-of-pocket)
0.00
0.00
0.00
0.00
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
0.00
0.00
0.00
0.00
Fee Payable to Legal Professional
472000.00
0.00
1.15
0.00
Approval Pending by CoC
Fee Payable to any other professionals other Expenses on/ for Professionals
(Travel, stay, other out-of-expenses)
24041.00
0.00
0.06
0.00
Approval Pending by CoC
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
4130.00
4130.00
0.01
0.20
Running Process / Other Expenses
*
Expenses on Pubic Announcement
89334.00
89334.00
0.22
4.39
Expenses on CIRP Related Filings before adjudicating authority and CIRP related litigation
1180.00
0.00
0.00
0.00
Approval Pending by CoC
Running Business / Essential Services
*
Electricity
5245256.00
0.00
12.80
0.00
Running as Going Concern
Water
3181004.00
0.00
7.76
0.00
Running as Going Concern
Telecommunication Services
28658.00
0.00
0.07
0.00
Running as Going Concern
Information Technology Services
282416.00
0.00
0.69
0.00
Running as Going Concern
Other Essential Services, if Any
0.00
0.00
0.00
0.00
Running Business / Other Services
*
Other Supplies
16715298.00
0.00
40.78
0.00
Running as Going Concern
Employess and Workmen
11453829.00
0.00
27.94
0.00
Running as Going Concern
Security Personnel Services
1550429.00
0.00
3.78
0.00
Running as Going Concern
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
0.00
0.00
0.00
0.00
dp195709@gmail.com
Total Cost
40988481.00
2034370.00
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