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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:
Prolific Systems and Technologies Private Limited
CIN of Corporate Debtor:
U30007MH1997PTC109461
Date of Commencement of CIRP:
26-08-2025
Assets(in Rs) as on the last balance sheet date (write date here):
350730000.00
31-03-2024
Turnover(in Rs) in the last finacial year (write year here):
54702000
2023-2024
No. of Workmen as on the date of commencement of CIRP:
0
No. of Employees as on the date of Commencement of CIRP:
2
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):
5
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Financial Creditor):
708925174.99
Number of Claimants(Operational Creditor):
6
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Operational Creditor):
356150.00
Name of IRP:
Registration No. of IRP:
IP/N01023
Date of demitting office by IRP:
25-11-2025
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
708000.00
708000.00
66.05
66.05
Ratified by COC
Cost of Insurance for IRP
0.00
0.00
0.00
0.00
NA
Other Expenses on/ for IRP
(Travel, stay, security, etc related to)
19407.00
19407.00
1.81
1.81
Ratified by COC
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
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
55000.00
55000.00
5.13
5.13
Ratified
Fee Payable to any other professionals other Expenses on/ for Professionals
(Travel, stay, other out-of-expenses)
2360.00
2360.00
0.22
0.22
Ratified
Running Process / COC Meetings
*
Meeting Venue
0.00
0.00
0.00
0.00
Video Conferencing
3248.00
3248.00
0.30
0.30
Any other Expenses related to COC
7000.00
7000.00
0.65
0.65
Running Process / Other Expenses
*
Expenses on Pubic Announcement
28896.00
28896.00
2.70
2.70
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
247980.00
247980.00
23.13
23.13
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
0.00
0.00
0.00
0.00
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
raghunathsb@yahoo.com
Total Cost
1071891.00
1071891.00
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