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:
MIC Electronics ltd
CIN of Corporate Debtor:
NA
Date of Commencement of CIRP:
Assets(in Rs) as on the last balance sheet date (write date here):
894694541.00
31-03-2018
Turnover(in Rs) in the last finacial year (write year here):
1653419008
2017-2018
No. of Workmen as on the date of commencement of CIRP:
85
No. of Employees as on the date of Commencement of CIRP:
44
Number of Claimants(Workmen & Employees):
136
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Workmen & Employees):
109480510.00
Number of Claimants(Financial Creditor):
35
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Financial Creditor):
2116818082.00
Number of Claimants(Operational Creditor):
27
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Operational Creditor):
831189363.00
Name of IRP:
N. PRABHAKAR
Registration No. of IRP:
IP/N00361
Date of demitting office by IRP:
01-06-2018
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
600000.00
600000.00
0.93
0.08
Cost of Insurance for IRP
0.00
0.00
0.00
0.00
Other Expenses on/ for IRP
(Travel, stay, security, etc related to)
0.00
0.00
0.00
0.00
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
600000.00
600000.00
0.93
0.08
Fee Payable to Valuer 2
700000.00
700000315.00
1.08
91.60
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
400000.00
400000.00
0.62
0.05
Fee Payable to Legal Professional
425000.00
425000.00
0.66
0.06
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
110000.00
110000.00
0.17
0.01
Any other Expenses related to COC
0.00
0.00
0.00
0.00
Running Process / Other Expenses
*
Expenses on Pubic Announcement
800000.00
800000.00
1.23
0.10
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
3151000.00
3151000.00
4.86
0.41
Water
56000.00
56000.00
0.09
0.01
Telecommunication Services
477000.00
477000.00
0.74
0.06
Information Technology Services
385000.00
385000.00
0.59
0.05
Other Essential Services, if Any
826000.00
826000.00
1.27
0.11
Running Business / Other Services
*
Other Supplies
0.00
0.00
0.00
0.00
Employess and Workmen
45897000.00
45897000.00
70.77
6.01
Security Personnel Services
714000.00
714000.00
1.10
0.09
Other Expenses, If any
9714000.00
9714000.00
14.98
1.27
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
pnandiraju26@gmail.com
Total Cost
64855000.00
764155315.00
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