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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:
Krish Fashions Brands Private Limited
CIN of Corporate Debtor:
U74994KA2017PTC108612
Date of Commencement of CIRP:
16-01-2026
Assets(in Rs) as on the last balance sheet date (write date here):
40595377.00
31-03-2025
Turnover(in Rs) in the last finacial year (write year here):
129284649
2024-2025
No. of Workmen as on the date of commencement of CIRP:
0
No. of Employees as on the date of Commencement of CIRP:
6
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):
19755452.00
Number of Claimants(Operational Creditor):
60
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Operational Creditor):
172767549.00
Name of IRP:
Registration No. of IRP:
IP/N01078
Date of demitting office by IRP:
24-03-2026
Name of RP:
Registration No. of RP:
IP/N01078
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
540516.13
0.00
43.51
0.00
An IRP fee of INR 2,00,000/- per month plus GST was proposed before the Committee of Creditors; however, the same has neither been approved nor negotiated by the Committee of Creditors
Cost of Insurance for IRP
0.00
0.00
0.00
0.00
Other Expenses on/ for IRP
(Travel, stay, security, etc related to)
24292.00
0.00
1.96
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
69250.00
69250.00
5.57
100.00
The fee pertains to the professional fee of valuer for asset class, Securities and Financial Assets
Fee Payable to Valuer 2
25500.00
0.00
2.05
0.00
The fee pertains to the professional fee of valuer for asset class, Plant and Machinery
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
27780.00
0.00
2.24
0.00
Fee Payable to any other professionals other Expenses on/ for Professionals
(Travel, stay, other out-of-expenses)
3900.00
0.00
0.31
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
18144.00
0.00
1.46
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
7258.00
0.00
0.58
0.00
Water
0.00
0.00
0.00
0.00
Telecommunication Services
2689.00
0.00
0.22
0.00
Information Technology Services
0.00
0.00
0.00
0.00
Other Essential Services, if Any
132800.00
0.00
10.69
0.00
The amount pertains to rent payment for the premises of the corporate debtor
Running Business / Other Services
*
Other Supplies
0.00
0.00
0.00
0.00
Employess and Workmen
335064.00
0.00
26.97
0.00
Security Personnel Services
0.00
0.00
0.00
0.00
Other Expenses, If any
53146.97
0.00
4.28
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
2000.00
0.00
0.16
0.00
Legal Expenses - Commercial Civil Suit No. 345 of 2025 (Ahmedabad Case)
Total Cost
1242340.09
69250.00
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