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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:
MPF SYSTEMS LIMITED
CIN of Corporate Debtor:
L65999MH1993PLC287894
Date of Commencement of CIRP:
10-11-2023
Assets(in Rs) as on the last balance sheet date (write date here):
345000.00
31-03-2023
Turnover(in Rs) in the last finacial year (write year here):
120000
2022-2023
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):
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):
16838173.00
Number of Claimants(Operational Creditor):
2
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Operational Creditor):
0.00
Name of IRP:
Registration No. of IRP:
IP/N01023
Date of demitting office by IRP:
11-12-2023
Name of RP:
Registration No. of RP:
IP/N01023
Date of Demitting office by RP:
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
236000.00
236000.00
61.64
61.64
Remuneration of IRP inclusive taxes
Cost of Insurance for IRP
0.00
0.00
0.00
0.00
Other Expenses on/ for IRP
(Travel, stay, security, etc related to)
5000.00
5000.00
1.31
1.31
Travel, Conveyance, and other Expenses / Charges
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
20000.00
20000.00
5.22
5.22
Fees of Registered Valuer 1
Fee Payable to Valuer 2
20000.00
20000.00
5.22
5.22
Fees of Registered Valuer 2
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
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
1534.00
1534.00
0.40
0.40
Zoom meeting inclusive taxes
Any other Expenses related to COC
0.00
0.00
0.00
0.00
Running Process / Other Expenses
*
Expenses on Pubic Announcement
15708.00
15708.00
4.10
4.10
Advertisement cost
Expenses on CIRP Related Filings before adjudicating authority and CIRP related litigation
0.00
0.00
0.00
0.00
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
54000.00
54000.00
14.11
14.11
Remuneration of Company Secretary
Security Personnel Services
0.00
0.00
0.00
0.00
Other Expenses, If any
30000.00
30000.00
7.84
7.84
Rent of Registered Office
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
600.00
600.00
0.16
0.16
ROC filing fees, Stamp duty & Notary
Total Cost
382842.00
382842.00
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