Scribd Logo
Upload

Welcome to Scribd!

  • 26 views

    CIRP Expenses - Breakup

    Uploaded by

    snigdhabee
    The document presents expenses incurred by the Resolution Professional from March 1, 2020 to June 4, 2020 for VSP Udyog Private Limited's corporate insolvency resolution process. It details expenses for CoC meetings, factory site costs, lockdown food for security, electricity, printing, and RP and security fees totaling Rs. 2,356,384 to be distributed among voting members based on their voting share percentages. Expenses include amounts already approved and outstanding contributions as of March 1, 2020, less any amounts received, with the total amount due and receivable being Rs. 2,865,901.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content

    You might also like

    CIRP Expenses - Breakup

    Uploaded by

    snigdhabee
    26 views2 pages
    The document presents expenses incurred by the Resolution Professional from March 1, 2020 to June 4, 2020 for VSP Udyog Private Limited's corporate insolvency resolution process. It details expenses for CoC meetings, factory site costs, lockdown food for security, electricity, printing, and RP and security fees totaling Rs. 2,356,384 to be distributed among voting members based on their voting share percentages. Expenses include amounts already approved and outstanding contributions as of March 1, 2020, less any amounts received, with the total amount due and receivable being Rs. 2,865,901.

    Original Description:

    Original Title

    CIRP Expenses- Breakup.xls

    Copyright

    © © All Rights Reserved

    Available Formats

    XLS, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document presents expenses incurred by the Resolution Professional from March 1, 2020 to June 4, 2020 for VSP Udyog Private Limited's corporate insolvency resolution process. It details expenses for CoC meetings, factory site costs, lockdown food for security, electricity, printing, and RP and security fees totaling Rs. 2,356,384 to be distributed among voting members based on their voting share percentages. Expenses include amounts already approved and outstanding contributions as of March 1, 2020, less any amounts received, with the total amount due and receivable being Rs. 2,865,901.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    26 views2 pages

    CIRP Expenses - Breakup

    Uploaded by

    snigdhabee
    The document presents expenses incurred by the Resolution Professional from March 1, 2020 to June 4, 2020 for VSP Udyog Private Limited's corporate insolvency resolution process. It details expenses for CoC meetings, factory site costs, lockdown food for security, electricity, printing, and RP and security fees totaling Rs. 2,356,384 to be distributed among voting members based on their voting share percentages. Expenses include amounts already approved and outstanding contributions as of March 1, 2020, less any amounts received, with the total amount due and receivable being Rs. 2,865,901.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    of 2

    VSP UDYOG PRIVATE LIMITED

    Annexure -A
    COST INCURRED BY RP FROM 01.03.2020 to 04.06.2020

    Particulars Amount

    COST INCURRED IN RELATION TO EXPENSES INCURRED BY RP

    9th CoC Meeting Expenses (02.03.2020) 16,800


    10th CoC Meeting Expenses (20.03.2020) 10,650
    E-Voting Expenses (9th CoC Meeting) 5,900
    Expenses at Factory Site 6,500
    Lockdown Expenses (Fooding for security Personell 67 Days) 80,400
    Electricity Charges at Factory for March,April & May 20,772
    Printing & Stationery, Xerox & Miscellaneous 19,350
    (A) 160,372

    Already Approved Expenses

    COST INCURRED IN RELATION TO CIRP RUNNING

    Security Charges for the period 09.03.2020 to 08.04.2020 319,004


    Security Charges for the period 09.04.2020 to 08.05.2020 319,004
    Security Charges for the period 09.05.2020 to 08.06.2020 319,004
    Resolution Professional Fees for the period 07.03.2020 to 06.04.2020 413,000 (Rs 350000+ GST)
    Resolution Professional Fees for the period 07.04.2020 to 06.05.2020 413,000 (Rs 350000+ GST)
    Resolution Professional Fees for the period 07.05.2020 to 06.06.2020 413,000 (Rs 350000+ GST)
    (B) 2,196,012

    TOTAL (A+B) 2,356,384


    CIRP Cost to be distributed among the members in their voting ratio

    CIRP Expenses as for the period 01.03.2020 to 06.06.2020

    Punjab
    National Bank
    (Including
    Allahabad Corporation Shares of OBC Religare Kunal
    Bank (Indian Bank of Bank (Union and United Finvest Finnace & Oarsman
    Bank) Baroda Bank) Bank of India) ICICI Bank Limited Credit Credit BVPL CSPL FGSPL MBPL MAPL RDPL UMCPL Total

    CIRP Cost Heads Voting Share (N 25.03 28.62 5.60 35.32 0.45 3.94 0.17 0.18 0.07 0.07 0.10 0.09 0.09 0.06 0.21 100.00

    RP Fees 07.03.2020 to 06.06.202 1,239,000.00 310,122.00 354,602.00 69,384.00 437,615.00 5,576.00 48,817.00 2,106.00 2,230.00 867.00 867.00 1,239.00 1,115.00 1,115.00 743.00 2,602.00 1,239,000.00

    Other Expenses
    Incurred by RP 01.03.2020 to 06.06.202 160,372.00 40,141.00 45,898.00 8,981.00 56,644.00 722.00 6,319.00 273.00 289.00 112.00 112.00 160.00 144.00 144.00 96.00 337.00 160,372.00

    Security Guard 09.03.2020 to 08.05.202 957,012.00 239,540.00 273,897.00 53,593.00 338,016.00 4,307.00 37,706.00 1,627.00 1,723.00 670.00 670.00 957.00 861.00 861.00 574.00 2,010.00 957,012.00
    Charges

    TOTAL CIRP Expenses 2,356,384.00 589,803.00 674,397.00 131,958.00 832,275.00 10,605.00 92,842.00 4,006.00 4,242.00 1,649.00 1,649.00 2,356.00 2,120.00 2,120.00 1,413.00 4,949.00 2,356,384.00

    Add : Old contribution


    due as on 01.03.2020 279,511.00 181,002.00 251,463.00 253,757.00 14,142.00 88,321.00 5,280.00 5,676.00 3,932.00 3,910.00 5,373.00 4,969.00 4,718.00 3,112.00 11,324.00 1,116,490.00

    Less " Amount Received 273,251.00 181,002.00 64,399.00 - - 88,321.00 - - - - - - - - - 606,973.00

    TDS deducted if any -

    Total Amount Due and receivable 596,063.00 674,397.00 319,022.00 1,086,032.00 24,747.00 92,842.00 9,286.00 9,918.00 5,581.00 5,559.00 7,729.00 7,089.00 6,838.00 4,525.00 16,273.00 2,865,901.00

    You might also like