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:
PARAMOUNT WHEELS PRIVATE LIMITED
CIN of Corporate Debtor:
U50102MH2010PTC210802
Date of Commencement of CIRP:
29-05-2019
Assets(in Rs) as on the last balance sheet date (write date here):
740691816.00
31-03-2018
Turnover(in Rs) in the last finacial year (write year here):
1743100710
2017-18
No. of Workmen as on the date of commencement of CIRP:
130
No. of Employees as on the date of Commencement of CIRP:
90
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):
6
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Financial Creditor):
316828816.00
Number of Claimants(Operational Creditor):
9
Total Amount(in Rs) of Claims Admitted on the day of demitting office as IRP(Operational Creditor):
46289641.00
Name of IRP:
PRAKASH NARINGREKAR
Registration No. of IRP:
IP/N00270
Date of demitting office by IRP:
26-07-2019
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
250000.00
0.00
2.32
To be ratified by CoC in forthcoming meeting
Cost of Insurance for IRP
0.00
0.00
0.00
Other Expenses on/ for IRP
(Travel, stay, security, etc related to)
7500.00
0.00
0.07
To be ratified by CoC in forthcoming meeting
Running Process / IPE (Registered Valuer)
*
Fee Payable for support services to an IPE, if any
0.00
0.00
0.00
Fee Payable to Valuer 1
200000.00
0.00
1.85
To be ratified by CoC in forthcoming meeting
Fee Payable to Valuer 2
225000.00
0.00
2.09
To be ratified by CoC in forthcoming meeting
Other Expenses on/ for Valuers
(Travel, stay, other out-of-pocket)
20000.00
0.00
0.19
To be ratified by CoC in forthcoming meeting
Running Process / Other Professionals engaged for CIRP, not for Corporate Debtor
*
Fee Payable to Accounting and Finance Professionals
0.00
0.00
0.00
Fee Payable to Audit Professionals
0.00
0.00
0.00
Fee Payable to Legal Professional
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
Running Process / COC Meetings
*
Meeting Venue
0.00
0.00
0.00
Video Conferencing
0.00
0.00
0.00
Any other Expenses related to COC
0.00
0.00
0.00
Running Process / Other Expenses
*
Expenses on Pubic Announcement
17945.00
0.00
0.17
To be ratified by CoC in forthcoming meeting
Expenses on CIRP Related Filings before adjudicating authority and CIRP related litigation
500.00
0.00
0.00
To be ratified by CoC in forthcoming meeting
Running Business / Essential Services
*
Electricity
485000.00
0.00
4.49
To be ratified by CoC in forthcoming meeting
Water
10000.00
0.00
0.09
To be ratified by CoC in forthcoming meeting
Telecommunication Services
27300.00
0.00
0.25
To be ratified by CoC in forthcoming meeting
Information Technology Services
15100.00
0.00
0.14
To be ratified by CoC in forthcoming meeting
Other Essential Services, if Any
0.00
0.00
0.00
Running Business / Other Services
*
Other Supplies
4000000.00
0.00
37.07
To be ratified by CoC in forthcoming meeting
Employess and Workmen
5300000.00
0.00
49.12
To be ratified by CoC in forthcoming meeting
Security Personnel Services
181425.00
0.00
1.68
To be ratified by CoC in forthcoming meeting
Other Expenses, If any
50000.00
0.00
0.46
To be ratified by CoC in forthcoming meeting
Running Business / Interim Finance
*
Amount of Interim Finance
0.00
0.00
0.00
Expenses for Raising Interim Finance
0.00
0.00
0.00
Interest Payable on Interim Finance
0.00
0.00
0.00
Other Expenses, If any
0.00
0.00
0.00
Other Expenses, if any, directly related to CIRP
*
Other Expenses
0.00
0.00
0.00
Total Cost
10789770.00
0.00
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