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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:
Global Poly Bags Industries Pvt Ltd
CIN of Corporate Debtor:
U25209TN1998PTC039831
Date of Commencement of CIRP:
15-12-2025
Assets(in Rs) as on the last balance sheet date (write date here):
3787098311.00
31-03-2025
Turnover(in Rs) in the last finacial year (write year here):
4274545454
2024-25
No. of Workmen as on the date of commencement of CIRP:
795
No. of Employees as on the date of Commencement of CIRP:
123
Number of Claimants(Workmen & Employees):
0
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Workmen & Employees):
4.00
Number of Claimants(Financial Creditor):
3
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Financial Creditor):
2337935825.00
Number of Claimants(Operational Creditor):
2
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Operational Creditor):
6538190.00
Name of IRP:
Sivakumar Amarendran
Registration No. of IRP:
IP/N00634
Date of demitting office by IRP:
23-01-2026
Name of RP:
Sivakumar Amarendran
Registration No. of RP:
IP/N00634
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
200000.00
200000.00
0.03
0.03
Cost of Insurance for IRP
0.00
0.00
0.00
0.00
Other Expenses on/ for IRP
(Travel, stay, security, etc related to)
14000.00
14000.00
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
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)
798.00
798.00
0.00
0.00
Running Process / Other Professionals engaged for CIRP, not for Corporate Debtor
*
Fee Payable to Accounting and Finance Professionals
30000.00
30000.00
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
0.00
0.00
0.00
0.00
Any other Expenses related to COC
0.00
0.00
0.00
0.00
Running Process / Other Expenses
*
Expenses on Pubic Announcement
27980.00
27980.00
0.00
0.00
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
2810443.00
2810443.00
0.44
0.44
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
15145982.00
15145982.00
2.35
2.35
Running Business / Other Services
*
Other Supplies
274824087.00
274824087.00
42.57
42.57
Employess and Workmen
21030332.00
21030332.00
3.26
3.26
Security Personnel Services
0.00
0.00
0.00
0.00
Other Expenses, If any
1903428.00
1903428.00
0.29
0.29
Running Business / Interim Finance
*
Amount of Interim Finance
322631658.00
322631658.00
49.98
49.98
this is the EPC credit loan that was disbursed as a going concern cost disbursed by HDFC bank the lead banker
Expenses for Raising Interim Finance
0.00
0.00
0.00
0.00
Interest Payable on Interim Finance
6783809.00
6783809.00
1.05
1.05
Other Expenses, If any
151582.00
151582.00
0.02
0.02
Other Expenses, if any, directly related to CIRP
*
Other Expenses
0.00
0.00
0.00
0.00
sivakumar.amarendran@gmail.com
Total Cost
645554099.00
645554099.00
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