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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:
CANDID INDUSTRIES LIMITED
CIN of Corporate Debtor:
U18100TG1991PLC013088
Date of Commencement of CIRP:
02-04-2026
Assets(in Rs) as on the last balance sheet date (write date here):
541417221.00
02-04-2026
Turnover(in Rs) in the last finacial year (write year here):
0
MARCH 26
No. of Workmen as on the date of commencement of CIRP:
0
No. of Employees as on the date of Commencement of CIRP:
0
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):
8142812641.00
Number of Claimants(Operational Creditor):
2
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Operational Creditor):
702490600.00
Name of IRP:
DURAISAMY V
Registration No. of IRP:
IP/N00609
Date of demitting office by IRP:
06-05-2026
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
150000.00
0.00
36.93
0.00
RATIFICATION IS AWAITED FROM UBI
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
NIL
Fee Payable to Valuer 1
25000.00
0.00
6.16
0.00
RATIFICATION AWAITED FROM UBI
Fee Payable to Valuer 2
25000.00
0.00
6.16
0.00
RATIFICATION AWAITED FROM UBI
Other Expenses on/ for Valuers
(Travel, stay, other out-of-pocket)
0.00
0.00
0.00
0.00
NIL
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
RATIFICATION AWAITED FROM UBI
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
44134.00
44134.00
10.87
37.05
RATIFIACTION AWAITED FROM UBI
Expenses on CIRP Related Filings before adjudicating authority and CIRP related litigation
75000.00
75000.00
18.47
62.95
RATIFIACTION AWAITED FROM UBI
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
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
87030.00
0.00
21.43
0.00
RATIFIACTION AWAITED FROM UBI
Total Cost
406164.00
119134.00
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