SALE NOTICE

SHRI LAKSHMI COTSYN LIMITED

(In Liquidation)

Liquidator: Mr. Rohit Sehgal

Registered Office: 19/X-1Krishnapuram Kanpur Uttar Pradesh 208007

Email ID: shrilakshmi@aaainsolvency.com; rohit.sehgal@aaainsolvency.com

Contact No.:+91 7011568767 (Mr. Rahul Nagar)

Escalation: If the query is not responded on the phone number given above, then Text or

WhatsApp message can be sent to +91-9811363220

E-AUCTION

Sale of Assets under Insolvency and Bankruptcy Code, 2016

Date and Time of E-Auction: 21st May, 2021 at 3:00 pm IST to 5:00 pm IST

(With unlimited extension of 5 minutes each)

Last Date to deposit EMD and documents: 17th May, 2021 by 5:00 pm

Sale of Assets and Properties owned by Shri Lakshmi Cotsyn Limited (in Liquidation) forming

part of Liquidation Estate formed by the Liquidator, appointed by the Hon’ble National Company

Law Tribunal, Allahabad Bench, vide order dated 1st July 2020. The sale will be done by the

undersigned through the e-auction platform https://ncltauction.auctiontiger.net

Block

Assets

Reserve Price

(In Rs.)

EMD Amount (In Rs.)

Incremental Value

(In Rs.)

A

Sale of units of the Corporate Debtor as a

going concern;

1. Abhaypur Unit

2. Malwan-1- Denim Unit (alongwith the

Residential/ Housing area)

3. Rewari Bujurg Unit

4. Malwan 2 – Spinning Unit

5. Roorkee Unit

6. Vehicles located at Head Office – Kanpur

438.29 Crores

43.83 Crores

1.00 Crore

B

1. Sale of Abhaypur Unit; and

2. Malwan-1- Denim Unit (alongwith the

Residential/ Housing area) of Corporate

Debtor as a going concern basis;

311.27 Crores

31.13 Crores

50.00 Lacs

C

Sale of Abhaypur Unit on a Standalone basis

142.91 Crores

14.29 Crores

25.00 Lacs

D

Sale of Malwan-1- Denim Unit (alongwith the

Residential/ Housing area) on a Standalone

basis;

168.35 Crores

16.84 Crores

25.00 Lacs

E

Sale of Rewari Bujurg Unit on a Standalone

basis;

93.58 Crores

9.36 Crores

25.00 Lacs

F

Sale of Malwan–2 (Spinning Unit) on a

Standalone basis;

20.85 Crores

2.09 Crores

5.00 Lacs

G

Sale of Roorkee Unit on a Standalone basis; 12.38

Crores 1.24

Crores

5.00 Lacs

H Sale of Land & Building of Roorkee Unit 9.14

Crores 0.91 Crores

3.00 Lacs

I Sale of Machinery and Equipment of Roorkee Unit 4.79

Crores 0.48 Crores

2.00 Lacs

J Vehicles located at Head office includes total 10

LMV vehicles including Toyota Innova,

Hyundai i20, Honda city, Grand i10, Accent, etc.

21.34 Lacs

2.13 Lacs

25,000/-

Terms and Condition of the E-auction are as under

1. E-Auction will be conducted on “AS IS WHERE IS’’, “AS IS WHAT IS” and “WHATEVER

THERE IS BASIS’’ through approved service provider M/S E-procurement Technologies

Limited (Auction Tiger).

2. THE COMPLETE AND DETAILED INFORMATION ABOUT THE ASSETS OF THE

COMPANY ARE AVAILABLE IN THE “E-AUCTION PROCESS DOUCMENT” AS

ANNEXURE – VI TO THE DOCUMENT, WHICH IS AVAILABLE ON THE WEBSITES i.e.

https://ncltauction.auctiontiger.net. THIS SALE NOTICE MUST BE READ ALONGWITH

THE “E-AUCTION PROCESS DOUCMENT” TO GET THE COMPLETE INFORMATION.

3. The Complete E-Auction process document containing details of the Assets, online e- auction

Bid Form, Declaration and Undertaking Form, General Terms and Conditions of online auction

sale are available on websites https://ncltauction.auctiontiger.net and

http://www.shrilakshmi.in/ Contact: Mr. Ramprasad at +91-6351896834/079-61200586 &

6351896834 ramprasad@auctiontiger.net / neha.gyani@auctiontiger.net/

support@auctiontiger.net (On going to the link https://ncltauction.auctiontiger.net) interested

bidders will have to search for the mentioned company by using either one of the two options,

(I) Company’s name (Shri Lakshmi Cotsyn Limited), or by, (II) State and property type).

a) In case there is at-least one Eligible Bidder for Block A, the e-auction of all other blocks will

stand cancelled and EMD received for all other Blocks, if any, will be returned to the

respective bidders;

b) In case, there is no eligible bidder for Block A and there is at-least one Eligible Bidder

for Block B, e-auction of Block C and Block D will stand cancelled and EMD received, if

any, will be returned to the respective bidders.

c) In case, there is no eligible bidder for Block A and there is at-least one Eligible Bidder

for Block G, e-auction of Block H and Block I will stand cancelled and EMD received, if

any, will be returned to the respective bidders.

In case, the bidding for any block (as specified in 3(a), 3(b) and 3(c)) is cancelled, then the

eligible Bidders who have submitted their bid documents for such block(s) shall be informed

about cancellation and all such Bidders shall have an option to revise their bid documents

and the EMD and participate in the bidding for Block A / Block B/ Block G, as the case may

be, provided they confirm the same in writing within 3 (three) days from the date of receipt

of information about cancellation of bids from the Liquidator and pay the balance EMD, if

any. However, no fresh EMD for participation in block C to Block I, shall be entertained after

17th May 2021.

4. The intending bidders, prior to submitting their bid, should make their independent inquiries

regarding the title of property, dues of local taxes, electricity and water charges, maintenance

charges, if any and inspect the property at their own expenses and satisfy themselves. The

properties mentioned above can be inspected by the prospective bidders at the site with prior

appointment, contacting Mr. Rahul Nagar : 7011568767.

5. The intending bidders are required to deposit Earnest Money Deposit (EMD) amount either

through DD/NEFT/RTGS in the Account of “SHRI LAKSHMI COTSYN LIMITED IN

LIQUIDATION”, Account No.: 50200050452182, HDFC Bank Limited, New Delhi, Branch: The

Peach Tree, C- Block, Sushant Lok1, Gurgaon 122002, IFSC Code: HDFC0002686, or through DD

drawn on any Scheduled Bank in the name of SHRI LAKSHMI COTSYN LIMITED IN

LIQUIDATION” or give a Bank Guarantee for the EMD Amount as per Format A or Format B

as given in the Complete E-Auction process document.

6. The intending bidder should submit the evidence for EMD Deposit or Bank Guarantee and

Request Letter for participation in the E- Auction along with Self attested copy of (1) Proof of

Identification (2) Current Address-Proof (3) PAN card (4) Valid e-mail ID (5) Landline and

Mobile Phone number (6) Affidavit and Undertaking, as per Annexure 1 (7) Bid Application

Form as per Annexure II (8) Declaration by Bidder, as per Annexure III, the formats of these

Annexures can be taken from the Complete E-Auction process document. These documents

should reach the office of the liquidator or by E-mail, at the address given below before 7:00 PM

of 17th May 2021. The Name of the Eligible Bidders will be determined by the Liquidator to

participate in e- auction on the portal (https://ncltauction.auctiontiger.net). The e-auction

service provider (Auction tiger) will provide User id and password by email to eligible bidders.

7. In case, a bid is placed in the last 5 minutes of the closing time of the e-auction, the closing time

will automatically get extended for 5 minutes with unlimited extension. The bidder who submits

the highest bid amount (not below the reserve price) on closure of e-Auction process shall be

declared as the Successful Bidder and a communication to that effect will be issued through

electronic mode which shall be subject to approval by the Liquidator.

8. The EMD of the Successful Bidder shall be retained towards part sale consideration and the EMD

of unsuccessful bidders, who have participated in the bidding process, shall be refunded. The

EMD shall not bear any interest. The Liquidator will issue a Letter of Intent (LOI) to the

Successful Bidder in accordance with terms specified under E-auction process document and the

Successful Bidder shall have to deposit the balance amount (Successful Bid Amount – EMD

Amount) within 30 days on issuance of the LOI by the Liquidator. Default in deposit of the

balance amount by the successful bidder within the time limit as mentioned in the LOI would

entail forfeiture of the entire amount deposited (EMD + Any Other Amount) by the Successful

Bidder.

9. The Successful Bidder shall bear the applicable stamp duties/transfer charge, fees etc. and all the

local taxes, duties, rates, assessment charges, fees etc. in respect of the property put on auction.

10. The Liquidator has the absolute right to accept or reject any or all offer(s) or

adjourn/postpone/cancel the e-Auction or withdraw any property or portion thereof from the

auction proceeding at any stage without assigning any reason thereof.

11. After payment of the entire sale consideration, the sale certificate/agreement will be issued in

the name of the successful bidder only and will not be issued in any other name.

12. The sale shall be subject to provisions of Insolvency and Bankruptcy Code, 2016 and regulations

made thereunder.

13. The interested Bidder(s) shall be provided access to the data room (“Data Room”) established

and maintained by the Company acting through the Liquidator in order to conduct a due

diligence of the business and operations of the Company. The interested bidder(s) shall be

provided access to the information in the Data Room until the E- Auction Date. The access to,

and usage of the information in the Data Room by the interested bidder(s) shall be in accordance

with the rules as may be set forth by the Liquidator from time to time.

14. E- auction date &Time 21st May 2021 from 3.00 p.m. to 5.00 p.m. (with unlimited extension of

5min)

Sd/-

Rohit Sehgal

Liquidator

Shri Lakshmi Cotsyn Limited- in Liquidation

IBBI Regn. No.: IBBI/IPA-001/IP-P00528/2017-2018/10953

Address for correspondence: 581, 4th Floor, Sector - 27, Gurgaon,

Haryana,122002

Email ID:iamrs101@gmail.com Contact No.: 7011568767 (Mr. Rahul Nagar)

DATE-22.04.2021

Place: Gurugram

1 | P a g e

E-AUCTION PROCESS INFORMATION DOCUMENT

Terms & Conditions

For

Participation in E-Auction Process for Sale of Assets of Shri Lakshmi Cotsyn Limited- In Liquidation (“Company” / “Corporate Debtor”) under the provisions of Insolvency and Bankruptcy Code, 2016 vide’ order of Hon’ble National Company Law Tribunal, Allahabad Bench (“NCLT”) dated 01

st July 2020 (Order communicated to the Liquidator on 3

rd July

2020)

Date of Public Advertisement

23rd

April 2021

Date of E-Auction

21st May 2021

Issued by Mr. Rohit Sehgal

Liquidator

(Registration No.: IBBI/IPA-001/IP-P00528/2017-18/10953) of

Shri Lakshmi Cotsyn Limited

(A Company under Liquidation Process vide NCLT Order dated 1st July 2020)

Registered office: 19/X-1 Krishnapuram, Kanpur, Uttar Pradesh- 208007

Email: shrilakshmi@aaainsolvency.com

(Mr. Rohit Sehgal is a Registered Insolvency Professional with Insolvency and Bankruptcy Board

of India (“IBBI”). His Registration number is IBBI/IPA-001/IP-P00528/2017-18/10953. Mr.

Rohit Sehgal has been appointed as a Liquidator of Shri Lakshmi Cotsyn Limited by NCLT,

Allahabad Bench, vide its order dated 1st July 2020 (order communicated to the Liquidator on 03

rd

July 2020). The affairs, business and property of Shri Lakshmi Cotsyn Limited (in Liquidation as

Going Concern) are being managed by the Liquidator, Mr. Rohit Sehgal)

Communication Address &Email ID:

581, 4th Floor, Sector- 27, Gurugram –122 002

shrilakshmi@aaainsolvency.com; rohit.sehgal@aaainsolvency.com;

rohit.sehgal@truproinsolvency.com

Contact Person – Mr. Rahul Nagar

Mobile Number - 7011568767

2 | P a g e

NOTES:

1. This E-Auction Process Information Document is issued only for the Bidders interested in

participating in the e-auction of Shri Lakshmi Cotsyn Limited–in Liquidation.

2. For e-auction purpose, the assets of the company have been grouped / classified in 10

Blocks numbered from Block A to Block J. The participants in e-auction understand and

agree that e-auction will be conducted sequentially Block wise, however

a. In case there is at-least one Eligible Bidder for Block A, the e-auction of all other

blocks will stand cancelled and EMD received for all other Blocks, if any, will be

returned to the respective bidders;

b. In case, there is no eligible bidder for Block A and there is at-least one Eligible Bidder

for Block B, e-auction of Block C and Block D will stand cancelled and EMD received,

if any, will be returned to the respective bidders.

c. In case, there is no eligible bidder for Block A and there is at-least one Eligible Bidder

for Block G, e-auction of Block H and Block I will stand cancelled and EMD received,

if any, will be returned to the respective bidders.

In case, the bidding is cancelled for any block(s), the eligible Bidders for those block(s)

shall be informed about the cancellation and all such Bidders shall have an option to

revise their expression and participate in the bidding for Block A / Block B / Block G as

the case may be, provided they confirm the same in writing to the Liquidator and pay

the balance EMD, if any. The Bidder who decides to participate in the bid by way of

revising/upgrading his bid for Block A/ Block B/Block G, shall have to confirm his

intention and submit the balance EMD within 3 (three) days from the date of receipt of

information about cancellation of bids from the Liquidator or by May 20th, 2021

whichever is earlier. However, no fresh EMD shall be entertained after 17th May 2021

i.e. last date for submission of EMD.

3. The terms and conditions, timelines etc. for participating in the e-auction are provided in

this E- Auction Process Information Document.

4. The timelines, notifications and other details for the E-Auction Process are available on

the website (www.shrilakshmi.com) of the Company, and will also be available on the

website https://ncltauction.auctiontiger.net of the E-Auction Service Provider. Bidders

desirous to submit their Bid have to submit their Bid on E-Auction portal of the E-Auction

Service Provider i.e. https://ncltauction.auctiontiger.net.

5. Bidders desirous to submit their Bid have to submit their Bids online on E-Auction Portal

https://ncltauction.auctiontiger.net.

3 | P a g e

INDEX Contents

DISCLAIMER ..................................................................................................................................................4

1. INFORMATION MUST BE READ BEFORE BIDDING ......................................................................7 2. KEY DEFINITIONS ...............................................................................................................................9 3. INTRODUCTION................................................................................................................................. 12 4. AN OVERVIEW OF THE COMPANY ............................................................................................... 13 5. ELIGIBILITY ....................................................................................................................................... 14 6. DOCUMENTS REQUIRED TO BE SUBMITTED TO ASCERTAIN ELIGIBILITY OF THE

BIDDER………………………………………………………………..……………………….……… 17 7. PHYSICAL VERIFICATION AND SITE VISIT ................................................................................ 18 8. DUE DILIGENCE/DATA ROOM/CLARIFICATIONS ..................................................................... 18

9. SALE OF COMPANY AS GOING CONCERN BASIS………………………………………………19 10. MODE OF SALE AND AUCTION PROCESS ................................................................................... 21

11. ASSETS TO BE AUCTIONED AND RESERVE PRICES……………………………..…………….23

12. EARNEST MONEY DEPOSIT ............................................................................................................24

13. PAYMENT OF 1ST

INSTALLMENT................................................................................................... 26

14. LETTER OF INTENT .......................................................................................................................... 27 15. DECLARATION OF SUCCESSFUL BIDDER ...................................................................................27 16. FRAUDULENT AND CORRUPT PRACTICES................................................................................. 27 17. COSTS, EXPENSES AND TAX IMPLICATIONS ..............................................................................29 18. GOVERNING LAW AND JURISDICTION ....................................................................................... 30 19. TIMETABLE ........................................................................................................................................31 FORMAT A - EARNEST MONEY DEPOSIT – BANK GUARANTEE .................................................. 33 FORMAT B - EARNEST MONEY DEPOSIT PAYMENT BY AN ASSOCIATE COMPANY/

ASSOCIATE …………………………………………………………………….………….………….…...36 ANNEXURE I - AFFIDAVIT AND UNDERTAKING..............................................................................39 ANNEXURE II - BID APPLICATION FORM...........................................................................................41 ANNEXURE III - BID DECLARATION FORM/ DECLARATION BY BIDDERS ................................47 ANNEXURE IV - TECHNICAL TERMS & CONDITIONS OF E-AUCTION SALE..............................51 ANNEXURE V – CONFIDENTIALITY AGREEMENT...........................................................................53

ANNEXURE VI – DETAILS OF THE ASSETS........................................................................................56

4 | P a g e

DISCLAIMER

This E-Auction Process Information Document is issued by Mr. Rohit Sehgal, the Liquidator

appointed by the Hon’ble National Company Law Tribunal, Allahabad Bench vide its order dated

1st July 2020, for general information purposes only to provide general information, without regard to

specific objectives, suitability, financial situations and the requirements of any particular person.

The purpose of this E-Auction Process Information Document is to lay out the process for submitting

the Bid by the prospective Bidders through E- Auction for participating in the process of Sale of Shri

Lakshmi Cotsyn Limited (in Liquidation) (the “Company” or “Corporate Debtor”) on going concern

basis or otherwise in accordance with the provisions of E- Auction Process Information Document, IBC

and Liquidation Process Regulations.

This E-Auction Process Information Document is not a statutory document and it has not been

approved or registered with any regulatory or statutory authority of government of India or any state

government or by any stock exchange in India or any other jurisdiction. Nothing herein contained or

materials relating to the E-Auction Process Information Document should be construed as legal,

financial, accounting, regulatory or tax advice by the Liquidator.

It is to be noted that no information being provided in this E-Auction Process Information Document

claims to be comprehensive. Independent due diligence of the intended user/recipient of this E-Auction

Process Information Document or by the Bidder is highly recommended. While this information has

been prepared in good faith, no representation or warranty, expressed or implied, is or will be made

and no responsibility or liability is or will be accepted is or will be expressly disclaimed by the

Liquidator or by any of his representatives, officers, agents, or the Company or in relation to the

accuracy, fairness, authenticity or completeness of this E-Auction Process Information Document or

any other written or oral information made available to any prospective Bidder or its advisors. In so

far as the information contained in this E-Auction Process Information Document includes current

and historical information, the accuracy, adequacy, authenticity, correctness, fairness, and

completeness of such information cannot be guaranteed. By acceptance of this E-Auction Process

Information Document, the Bidder shall be deemed to have acknowledged that it has not relied upon

any representation and warranty, if any made by the Liquidator.

This E-Auction Process Information Document and information contained herein or disclosed should

not be printed, reproduced, transmitted, sold, distributed, or published by the recipient of this E-

Auction Process Information Document, without prior written approval from the Liquidator.

Distributing or taking /dispatching/transmitting this E-Auction Process Information Document in

certain foreign jurisdictions may be restricted by law, and Persons in whose possession this E-Auction

Process Information Document comes should inform themselves about, and observe, any such

restrictions. Neither the Liquidator, nor his professional advisors, affiliates, directors, employees,

agents, representatives or managers of the process shall be liable for any damages, whether direct or

indirect, special or consequential including loss of revenue or profits that may arise from or in

connection with the use of this E-Auction Process Information Document, including for the Bidder not

being selected as a Successful Bidder or on account of any decision taken by the Liquidator.

5 | P a g e

Neither the Liquidator (Mr. Rohit Sehgal), nor his Partners, colleagues, advisors, agents, employees,

representatives, affiliates, etc. shall be liable for any damages, whether direct or indirect, including

loss of revenue or profits that may arise from or in connection with the use of this E-Auction Process

Information Document, including for the Bidder not being selected as a Successful Bidder or on

account of any decision taken by the Liquidator.

Further, apart from the provisions set out in this E-Auction Process Information Document, the Bidder

shall be responsible for fully satisfying the requirements and provisions of IBC and Liquidation

Process Regulations as well as all laws in force that are or may be applicable to the Bidder or the

intended manner of sale envisaged under this E-Auction Process Information Document and for

obtaining consents, waiver from requisite regulatory and statutory approvals from the concerned

regulators, third parties and governmental authorities in order to consummate the sale process as

contemplated in the E-Auction Process Information Document .

Under no circumstances shall the Bidder make any contact, direct or indirect, by any mode

whatsoever, with the Company until the Liquidator gives his written permission. The Confidential

Information shall be kept secret and confidential by the Bidder (s) and shall be used solely in

accordance with the terms of the Confidentiality Undertaking and provisions of IBC.

No Person, including the Bidder shall be entitled under any law, statute, rules or regulations or tort,

principles of restitution or unjust enrichment or otherwise to claim for any loss, damage, cost or

expense which may arise from or be incurred or suffered on account of anything contained in this E-

Auction Process Information Document or otherwise, including the accuracy, adequacy, authenticity,

correctness, completeness or reliability of the information or opinions contained in this E- Auction

Process Information Document and any assessment, assumption, statement or information contained

therein or deemed to form part of this E-Auction Process Information Document, and the Liquidator

or any of his respective advisors, consultants and representatives and the Company, do not have any

responsibility or liability for any such information or opinions and therefore, any liability or

responsibility is hereby expressly disclaimed.

The sale of the Company is proposed to be done on "as is where is basis", "as is what is basis",

"whatever there is basis" and "no recourse" basis and the proposed sale of assets of the Company

does not entail transfer of any other title, except the title which the Company had on its assets as on

date of transfer. The Liquidator does not take or assume any responsibility for any shortfall or defect

or shortcoming in the moveable/immoveable assets of the Company.

The Bidders shall bear all its costs and charges associated with or relating to the preparation and

submission of its Bid including but not limited to physical and electronic preparation, copying

postage, delivery fees, expenses associated with any demonstrations or presentations which may be

required by the Liquidator or any other costs incurred in connection with or relating to its Bid.

This E-Auction Process Information Document is neither an agreement nor an offer by the Liquidator

to the prospective Bidders or any other person. The objective of this E- Auction Process Information

Document is to provide prospective Bidders with information that may be useful to them in making

their Bid. It may be noted that the assumptions, assessments, statements and information contained in

the E- Auction Process Information Document may not be complete, accurate, adequate or correct.

Each Bidder should, therefore, conduct its own due-diligence, investigations and analysis and should

6 | P a g e

also check the accuracy, adequacy, correctness, reliability and completeness of the assumptions,

assessments, statements and information contained in this E-Auction Process Information Document

and may get independent advice from appropriate sources.

Information provided in this E-Auction Process Information Document to the Bidder(s) has been

collected and collated from several sources. This E-Auction Process Information Document may not

be all inclusive and may not contain all of the information that the recipient may consider material for

the purpose of submission of its Bid. The information given by no means claims to be an exhaustive

account of statutory requirements and should not be regarded as complete. The Liquidator accepts no

liability or responsibility for the authenticity, accuracy or otherwise for any statement or information

contained in the E-Auction Process Information Document.

The Bidders are prohibited from giving or offering any gift, bribe or inducement and any attempt to

any such act on behalf of the Bidder towards the Liquidator, or any of his respective professional

advisors, affiliates, or Representatives for showing any favour in relation to this document or the

process set out herein, shall render the bidder to such liability and penalty as the Liquidator may deem

proper, including but not limited to immediate disqualification and exclusion from the process

contemplated hereunder.

Neither the information in this E-Auction Process Information Document nor any other written or oral

information provided by the Liquidator, or any of his respective advisors, consultants and

representatives is intended to form the basis of or the inducement for submission of any document or

information or the Bid by any prospective Bidder or for any investment activity.

It is to be noted that by procuring a copy of this E-Auction Process Information Document, the

recipient accepts the terms of this Disclaimer, which forms an integral part of this E- Auction Process

Information Document.

7 | P a g e

1. INFORMATION MUST BE READ BEFORE BIDDING

1.1 This E-Auction Process Information Document has been issued for the purpose of carrying out

E-Auction by sale of Company preferably on a going concern basis or unit wise slump sale or

combination of two in accordance with the provisions of IBC and Liquidation Process

Regulations.

1.2 The information provided in this E-Auction Process Information Document should be read

together with the provisions of the IBC and the Liquidation Process Regulations. In the event

of a conflict between this E- Auction Process Information Document and the IBC or the

Liquidation Process Regulations, the provisions of the IBC or the Liquidation Process

Regulations, as the case may be, shall always prevail.

1.3 The information contained in this E-Auction Process Information Document or subsequently

provided to Bidder(s), whether verbally or in documentary or electronically or any other form

by or on behalf of the Liquidator, is provided to Bidder(s) on the terms and conditions as set

out in this E-Auction Process Information Document.

1.4 The Liquidator has no responsibility towards the authenticity of the trademark registration of

the brand / name Shri Lakshmi Cotsyn Limited (“SLCL”). Successful Bidder is/are advised to

conduct their own legal diligence towards continuing with the same name. This E-Auction

Process Information Document does not constitute advice and the Liquidator should not be

held responsible for any sort of claim on the name SLCL by any constitution / party (including

related party (ies)). The Liquidator hereby excludes any warranty, express or implied by any

party on the name the Liquidator and / or SLCL. No responsibility is taken by the Liquidator

regarding any implications on the future usage of the name SLCL.

1.5 The Liquidator also hereby disclaims any and all liability for any statements made or omitted

to be made in this E-Auction Process Information Document or, any action taken or omitted to

be taken pursuant to this E- Auction Process Information Document. The Liquidator may in his

absolute discretion, but without being under any obligation to do so, update, amend or

supplement the information, assessment or assumptions contained in this E-Auction Process

Information Document. Further, the Bidders must specifically note that the Liquidator reserves

the right to change, update, amend, supplement, modify, add to the terms and conditions of e-

auction and / or delay or otherwise annul or cease the liquidation proceedings at any point in

time, for any reason whatsoever determined in his sole discretion without obligation to notify

any Person of such revision or changes.

1.6 The issuance of this E-Auction Process Information Document does not imply that the

Liquidator is bound to select a bidder or to declare any of the Bidder as Successful Bidder for

acquisition of the Company and the Liquidator reserves the right to reject all or any of the

Bidders or their Bid(s) without assigning any reason whatsoever.

1.7 The sale of the Company as contemplated in this E-Auction Process Information Document

shall be undertaken by the E-Auction Service Provider for and on behalf of the Liquidator

through an E-Auction platform provided on the website portal of the E-Auction Service

Provider (“Platform”). Details of E-Auction Service providers and other details with respect

to the E- Auction are as follows and the relevant annexures and formats are provided herein:

8 | P a g e

Type of Bid E-Auction (online only)

Seller Rohit Sehgal (Liquidator for Shri Lakshmi Cotsyn Limited)

Website of E-

Auction

Service

Provider

https://ncltauction.auctiontiger.net

E-Auction

Service Provider

E-Procurement Technologies Limited,

A-801, Wall Street –II, Opp. Orient Club, Near Gujarat

College, Ellisbridge, Ahmedabad – 380006.

Contact Person: Mr. Ramprasad

Email ID - ramprasad@auctiontiger.net

Mobile No. –6351896834

Annexures and

formats

Format A: Format of the bank guarantee for submission of

EMD by the Bidder

Format B: Format of bank Guarantee for submission of

EMD by Associate/Associate Company (where applicable)

Annexure I: Affidavit and undertaking

Annexure II: Bid Application Form (to be duly filled in and

signed and stamped by the bidder and uploaded)

Annexure III: Bid Declaration Form (to be duly filled in and

signed, stamped by the Bidder and uploaded along with the Bid

Application Form)

Annexure IV: Technical Terms and Conditions of E-

Auction

Annexure V: Confidentiality Agreement

Annexure VI: Details of the Assets

Annexure VI: Details of the Assets of the Company

Annexure VI: Details Asset Information Sheet

All terms and conditions with respect to sale of assets of the Company shall be governed in

accordance with the provisions of IBC and Liquidation Process Regulations read with the

directions issued by the Liquidator and NCLT from time to time. As mandated, the

Liquidator shall exercise all rights with respect to sale of the Company and it would be open

to the Liquidator to appoint such experts, professionals or other persons, as the Liquidator

might think necessary to facilitate the Liquidator in conducting the sale of the Company.

1.8 The Annexures and Formats to this E-Auction Process Information Document Corporate

Debtor as a Going Concern) shall form an integral part hereof and this E-Auction Process

Information Document shall always be read in conjunction with the Annexures and Formats

appended hereto.

1.9 All title documents in relation to assets of the Company as is available with the Liquidator

shall be made available to Eligible Bidder(s) on request to the Liquidator at

shrilakshmi@aaainsolvency.com . Nothing contained in this E-Auction Process Information

Document shall be deemed to relieve, wholly or partially, directly or indirectly, the Bidder from

their compliance with the IBC, any other law in force, and/ or any instrument having the force of

law, as may be applicable to them.

9 | P a g e

1.10 The Bidder shall inform themselves concerning, and shall observe and comply with, any

applicable legal requirements.

2. KEY DEFINITIONS

2.1 “Affidavit and Undertaking” shall mean the affidavit and undertaking provided by the

Bidder substantially in form and manner as annexed in Annexure I hereto;

2.2 “Applicable Law(s)” shall mean, any or all the applicable laws, codes, regulations, rules,

guidelines, circulars, re-enactments, revisions, applications and adaptations thereto,

judgments, decrees, injunctions, writs and orders of any court, arbitrator or governmental

agency or authority, rules, regulations, orders and interpretations of any governmental

authority, court or statutory or other body applicable for such transactions including but not

limited to the IBC Code, IBBI Regulations, IBBI Liquidation Process Regulations,

Companies Act, 1956 / 2013 (as applicable), Competition Act, 2002 , Income Tax Act, 1961,

The Goods and Services Tax Act, 2017, Transfer of Property Act, 1882, Sale of Goods Act,

1930, Foreign Exchange Management Act, 1999, whether in effect as of the date of this E-

Auction Process Information Document or thereafter and each as amended from time to time;

2.3 “Bid” means, any bid or offer along with other documents, submitted by the Bidder(s) as

required in terms of the Public Advertisement and E-Auction Process Information Document

issued by the Liquidator and in accordance with the provisions of IBC read together with the

Liquidation Process Regulations as amended from time to time and the Applicable Law(s);

2.4 “Bidder(s)” shall mean a Person or Persons as the case may be, who is interested in

participating in e-auction and includes Prospective Bidder, Eligible Bidder and / or

Successful Bidder, as the case may be, and as the context requires;

2.5 “Bid Application Form” shall mean the form as specified in Annexure II of this E-Auction

Process Information Document;

2.6 “Bid Declaration Form” shall mean a declaration by the Bidders in form as specified in

Annexure III of this E-Auction Process Information Document;

2.7 “Company” or “Corporate Debtor” shall mean Shri Lakshmi Cotsyn Limited, a company

incorporated in India, having its registered office at 19/X-1 Krishnapuram, Kanpur, Uttar

Pradesh- 208007;

2.8 “Confidential Information” shall mean any and all information and other materials

disclosed, furnished, communicated or supplied by the Company to any bidder, in written or

electronic or verbal form, including without limitation, and shall be determined to include

(without limitation) the following types of information of a similar nature: any commercial

and / or financial information, improvement, know how, intellectual property,

discoveries, ideas, concepts, papers, techniques, models, data, documentation, manuals, flow

charts, research, process, procedures, functions and other information related to price

lists and pricing policies and any other information which the Company identifies to be

confidential at the time of disclosure to the relevant bidder, and shall include any information

10 | P a g e

that is provided by the Liquidator or his representatives pursuant to the liquidation process or

through the Confidentiality Undertaking;

2.9 “Confidentiality Undertaking” shall mean an undertaking as specified in Annexure – V

herewith;

2.10 “Data Room” shall mean the virtual data room maintained by the Liquidator, created for the

Eligible Bidders to access information in relation to the Company;

2.11 “E-Auction Process”/”E-Auction” shall mean the electronic auction process for sale of the

Company conducted in accordance with the provisions of IBC, Liquidation Process

Regulations, Applicable Law(s) and this E- Auction Process Information Document inviting

Bid from the Bidders for consummating the sale of Company on going concern basis in

accordance with the provisions of IBC and Liquidation Process Regulations;

2.12 “E-Auction Process Information Document means this document including all the

annexures, formats hereto, Information Memorandum, Data Room information / documents,

for the purposes of setting out the process for submission of a bid and selection of

Successful Bidder in accordance with the provisions of the IBC and Liquidation Process

Regulations and shall include all supplements, modifications, amendments, addendums,

alterations or clarifications thereto issued in accordance with the terms hereof;

2.13 “Eligible Bidder” shall mean a person who has submitted the prescribed documents and

EMD for participation in e-auction, fulfills the eligibility criteria and has complied with all

the conditions to participate in e-auction as listed out in the E-Auction Process Information

Document as determined / confirmed by the Liquidator.

2.14 “Eligibility Criteria” shall mean the legal criteria as specified in the Clause 5 of this E-

Auction Process Information Document;

2.15 “IBC”/ “Code” shall mean Insolvency and Bankruptcy Code, 2016 as amended from time to

time;;

2.16 “Judicial Authority” shall mean the NCLT, acting in its capacity as the adjudicating

authority under the IBC, the NCLAT in an appeal and the Supreme Court in an appeal

thereafter as the case may be.

2.17 “LOI” shall mean the letter of intent issued by the Liquidator to the Successful Bidder

detailing out the terms and conditions to complete the sale of assets of the Company,

including the balance sale payment by Successful Bidder as per the provisions of IBC and

the Liquidation Process Regulations;

2.18 “Liquidation Process Regulations”/ “Regulations” means, the Insolvency and Bankruptcy

Board of India (Liquidation Process) Regulations 2016 as amended from time to time;

2.19 “Liquidator” means Mr. Rohit Sehgal, an insolvency professional registered with

Insolvency and Bankruptcy Board of India (IBBI) having registration number IBBI/IPA-

001/IP-P00528/2017-2018/10953, appointed by NCLT, vide its order dated 1st July 2020;

11 | P a g e

2.20 “NCLT” shall mean the National Company Law Tribunal, Allahabad Bench;

2.21 “NCLAT” shall mean the National Company Law Appellate Tribunal;

2.22 “Person” shall mean an individual, a partnership firm, an association, a corporation, a limited

company, a trust, a body corporate, bank or financial institution or any other body, whether

incorporated or not;

2.23 “Prospective Bidder(s)” shall mean a Bidder who intends to participate in e-

auction;

2.24 “Public Advertisement” shall mean an announcement m a d e in t h e newspaper(s) on

23.04.2021 inviting an expression of interest from the Bidders, who shall submit their Bid to

participate in the liquidation process of the Company in accordance with the provisions of

IBC, Liquidation Process Regulations and E-Auction Process Information Document ;

2.25 “Representatives” shall include partners, directors, officers, employees, affiliates, agents,

consultants, advisors or such other representatives of the relevant Person expressly

authorised by such Person pursuant to corporate authorizations, powers of attorney, or

contract;

2.26 “Site Visit” shall mean a visit to the Site; and

2.27 “Successful Bidder” means, the Eligible Bidder whose Bid is approved and who is declared

successful by the Liquidator at the end of the determined auction phase as per the provision

of this E-Auction Process Information Document, provisions of IBC and the Liquidation

Process Regulations.

Capitalized terms used herein but not defined otherwise shall have meaning prescribed to

them under the provisions of the IBC, the Liquidation Process Regulations and Applicable

Law(s) to such terms as the context may require.

3. INTRODUCTION

3.1 The Company’s Liquidation Process has been initiated under the provisions of the IBC and the

Liquidation Process Regulations by an order of the Hon’ble NCLT with effect from 1st July

2020. As per the said order, Rohit Sehgal has been appointed as the Liquidator.

3.2 Further, in view of the liquidation order dated 1st July 2020 read with NCLT order dated 09

th

February 2021, the Liquidator in consultation with the stakeholder consultation committee

(SCC) during the SCC meeting dated 09.04.2021 agreed to group the assets and liabilities of

the Corporate Debtor in 10 Blocks for sale (Block wise) under liquidation:

Block Assets Reserve EMD Incremental

12 | P a g e

Price

(In Rs.)

Amount

(In Rs.)

Value

(In Rs.)

A Sale of all units of the Corporate

Debtor as a going concern;

1. Abhaypur Unit

2. Malwan1- Denim Unit

(alongwith the Residential/

Housing area)

3. Rewari Bujurg Unit

4. Malwan – 2 (Spinning Unit)

5. Noida Unit

6. Roorkee Unit

7. Vehicles located at Head Offices

438.29

Crores

43.83

Crores 1.00 Crore

B 1. Sale of Abhaypur Unit; and

2. Malwan1- Denim Unit (alongwith

the Residential/ Housing area) of

Corporate Debtor as a going

concern basis;

311.27

Crores

31.13

Crores 50.00 Lacs

C Sale of Abhaypur Unit on a

Standalone basis

142.91

Crores

14.29

Crores

25.00 Lacs

D Sale of Malwan1- Denim Unit

(alongwith the Residential/ Housing

area) on a Standalone basis;

168.35

Crores

16.84

Crores 25.00 Lacs

E Sale of Rewari Bujurg Unit on a

Standalone basis;

93.58

Crores

9.36

Crores 25.00 Lacs

F Sale of Malwan – 2 (Spinning Unit)

on a Standalone basis;

20.85

Crores

2.09

Crores 5.00 Lacs

G Sale of Roorkee Unit on a

Standalone basis

12.38

Crores

1.24

Crores 5.00 Lacs

H Sale of Land & Building of Roorkee

Unit 9.14

Crores

0.91

Crores 3.00 Lacs

I Sale of Machinery and Equipment of

Roorkee Unit 4.79

Crores

0.48

Crores 2.00 Lacs

J Vehicles located at Head office

includes total 10 LMV vehicles

including Toyota Innova, Hyundai

i20, Honda city, Grand i10, Accent,

etc.

21.34

Lacs

2.13

Lacs 25,000/-

The details of all the assets are appended as an Annexure VI.

3.3 This document covers the terms and conditions and Reserve Price for all the aforesaid

options.

3.4 The auctions under the 10 Blocks (i.e. Block A, Block B, Block C, Block D, Block E, Block

F, Block G, Block H, Block I and Block J) are being conducted on the same day, in the

13 | P a g e

interest of time. The Bidders understand and agree that e-auction will be conducted Block

wise, however

a. In case, there is at-least one Eligible Bidder for Block A, the e-auction of all other blocks

will stand cancelled and EMD received for all other Blocks, if any will be returned to the

respective bidders;

b. In case, if there is no bidder for Block A but at-least one Eligible Bidder for Block B, e-

auction of Block C and Block D will stand cancelled and EMD received, if any will be

returned to the respective bidders.

c. In case, there is no eligible bidder for Block A and there is at-least one Eligible Bidder for

Block G, e-auction of Block H and Block I will stand cancelled and EMD received, if any,

will be returned to the respective bidders.

In case, the bidding is cancelled for any block(s), the eligible Bidders for those block(s)

shall be informed about the cancellation and all such Bidders shall have an option to

revise their expression and participate in the bidding for Block A / Block B / Block G as

the case may be, provided they confirm the same in writing to the Liquidator and pay the

balance EMD, if any. The Bidder who decides to participate in the bid by way of

revising/upgrading his bid for Block A/ Block B/Block G, shall have to confirm his

intention and submit the balance EMD within 3 (three) days from the date of receipt of

information about cancellation of bids from the Liquidator or by May 20, 2021 whichever

is earlier. However, no fresh EMD shall be entertained after 17th May 2021 i.e. last date

for submission of EMD.

3.5 It is the endeavor of the Liquidator to conduct the sale of Corporate Debtor preferably on

going concern basis, as per the Liquidation Order dated 01st July 2020 and in accordance

with the provisions of IBC and the Liquidation Process Regulations for sale of the corporate

debtor as a going concern through E- Auction, read with any other Applicable Law(s) in

the manner specified in this E-Auction Process Information Document.

3.6 The E-Auction would be conducted in the manner specified in the Liquidation Process

Regulations and any other rules, regulations, orders, circulars, directions or notifications

issued pursuant to or under IBC or the Liquidation Process Regulations, as the case may be,

and as per directions, if any, of the NCLT in respect of the liquidation process of the Company

and in the manner as specified in this E-Auction Process Information Document.

3.7 The Bidders are encouraged to make themselves acquainted with the provisions of the IBC

and the Liquidation Process Regulations and any other rules, regulations, orders, circulars,

directions or notifications or the like, issued pursuant to or under the IBC or the Liquidation

Process Regulations, as the case may be.

4. AN OVERVIEW OF THE CORPORATE DEBTOR

4.1 Brief Background

Shri Lakshmi Cotsyn Limited, a company incorporated in 1988, having its registered

office at 19/X-1, Krishnapuram, Kanpur -208007, Uttar Pradesh, is a listed public Limited

Company. The Company is in the business of manufacturing and selling various products of the

textile value chain such as weaved, dyed & Processed Fabric, Ring Spun Yarn, Terry Towels,

14 | P a g e

Technical Texiles, Poly Fiber filled Bedspread and Quilts and Garments/Apparels. The

manufacturing of the products was undertaken at its six manufacturing facilities located at

Abhaypur, Malwa1 - Denim, Malwa 2 - Spinning, Rewari Bujurg, Noida in the state of Uttar

Pradesh and Roorkee Unit in the state of Uttarakhand. The Noida unit has already been sold by

the Liquidator.

4.2 Present Status

An application under Section 7 of the Insolvency and Bankruptcy Code, 2016 read with Rule 4

of Insolvency and Bankruptcy Code (Application to Adjudicating Authority) Rules, 2016 was

filed by Union Bank of India against the Corporate Debtor before the Hon’ble National

Company Law Tribunal, Allahabad Bench at Allahabad (hereinafter referred to as “Hon’ble

NCLT”). On 30th May, 2018, the Hon’ble NCLT passed an Order for the initiation of

Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor and appointed

the Mr. Rohit Sehgal, as the Interim Resolution Professional (hereinafter referred to as the

“IRP”). The Committee of Creditors (hereinafter referred to as “CoC”) unanimously confirmed

the appointment of the undersigned as the Resolution Professional (hereinafter referred to as

the “RP”) in the first COC meeting held on 26.06.2018. An application for the liquidation of

Shri Lakshmi Cotsyn Limited was filed before the Hon’ble NCLT, thereby Hon’ble NCLT

has vide its order dated 01st July 2020 had ordered commencement of liquidation process of

the Company as per Section 33 of the IBC read with Liquidation Process Regulations. Pursuant to

the Liquidation Order, the Resolution Professional was appointed as the Liquidator to perform

its duties as per the provisions of the IBC and Liquidation Process Regulations. The Liquidator

is now in the process of selling the Corporate Debtor / assets of the Corporate Debtor

through E- Auction in accordance with the provisions of IBC and Liquidation Process

Regulations, subject to the terms laid down in this E-Auction Process Document.

5. ELIGIBILITY OF BIDDER

Any person, who falls under ineligibility criteria as set out in Section 29A of the IBC (as

amended from time to time) shall not be eligible to submit a bid for purchase of assets of the

Corporate Debtor.

Section 29 A of the IBC is reproduced as below for reference purposes only:

“Sec 29A. Persons not eligible to be resolution applicant:

A person shall not be eligible to submit a resolution plan, if such person, or any other

person acting jointly or in concert with such person-

a) is an un-discharged insolvent;

b) is a willful defaulter in accordance with the guidelines of the Reserve Bank of India

issued under the Banking Regulation Act, 1949 (10 of 1949);

c) at the time of submission of the resolution plan has an account, or an account of a

corporate debtor under the management or control of such person or of whom such

person is a promoter, classified as non-performing asset in accordance with the

guidelines of the Reserve Bank of India issued under the Banking Regulation Act,1949

(10 of 1949) or the guidelines of a financial sector regulator issued under any other

law for the time being in force, and at least a period of one year has lapsed from the

15 | P a g e

date of such classification till the date of commencement of the corporate insolvency

resolution process of the corporate debtor.

Provided that the person shall be eligible to submit a resolution plan if such person

makes payment of all overdue amounts with interest thereon and charges relating to

nonperforming asset accounts before submission of resolution plan;

Provided further that nothing in this clause shall apply to a resolution applicant where

such applicant is a financial entity and is not a related party to the corporate debtor.

Explanation I - For the purposes of this proviso, the expression "related party" shall

not include a financial entity, regulated by a financial sector regulator, if it is a

financial creditor of the corporate debtor and is a related party of the corporate debtor

solely on account of conversion or substitution of debt into equity shares or

instruments convertible into equity shares, prior to the insolvency commencement date.

Explanation II - For the purposes of this clause, where a resolution applicant has an

account, or an account of a corporate debtor under the management or control of such

person or of whom such person is a promoter, classified as non-performing asset

and such account was acquired pursuant to a prior resolution plan approved under

this Code, then, the provisions of this clause shall not apply to such resolution

applicant for a period of three years from the date of approval of such resolution plan by

the Adjudicating Authority under this Code;

d) has been convicted for any offence punishable with imprisonment–

(i) for two years or more under any Act specified under the Twelfth Schedule; or

(ii) for seven years or more under any law for the time being in force:

Provided that this clause shall not apply to a person after the expiry of a period of two

years from the date of his release from imprisonment:

Provided further that this clause shall not apply in relation to a connected person

referred to in clause (iii) of Explanation I;

e) is disqualified to act as a director under the Companies Act, 2013 (18 of 2013);

Provided that this clause shall not apply in relation to a connected person referred to in

clause (iii) of Explanation I;

f) is prohibited by the Securities and Exchange Board of India from trading in securities or

accessing the securities markets;

g) has been a promoter or in the management or control of a corporate debtor in which a

preferential transaction, undervalued transaction, extortionate credit transaction or

fraudulent transaction has taken place and in respect of which an order has been

made by the Adjudicating Authority under this Code:

16 | P a g e

Provided that this clause shall not apply if a preferential transaction, undervalued

transaction, extortionate credit transaction or fraudulent transaction has taken place

prior to the acquisition of the corporate debtor by the resolution applicant pursuant to a

resolution plan approved under this Code or pursuant to a scheme or plan approved by

a financial sector regulator or a court, and such resolution applicant has not otherwise

contributed to the preferential transaction, undervalued transaction, extortionate

credit transaction or fraudulent transaction;

h) has executed a guarantee in favour of a creditor in respect of a corporate debtor

against which an application for insolvency resolution made by such creditor has been

admitted under this Code and such guarantee has been invoked by the creditor and

remains unpaid in full or part;

i) is subject to any disability, corresponding to clauses (a) to (h), under any law in a

jurisdiction outside India; or

j) has a connected person not eligible under clauses (a) to (i).

Explanation I - For the purposes of this clause, the expression ―connected person‖ means

i. any person who is the promoter or in the management or control of the resolution

applicant; or

ii. any person who shall be the promoter or in management or control of the business of

the corporate debtor during the implementation of the resolution plan; or

iii. the holding company, subsidiary company, associate company or related party of a

person referred to in clauses (i) and (ii)

Provided that nothing in clause (iii) of Explanation I shall apply to a resolution applicant where

such applicant is a financial entity and is not a related party of the corporate debtor:

Provided further that the expression "related party" shall not include a financial entity,

regulated by a financial sector regulator, if it is a financial creditor of the corporate debtor and

is a related party of the corporate debtor solely on account of conversion or substitution of debt

into equity shares or instruments convertible into equity shares, prior to the insolvency

commencement date;

Explanation II - For the purposes of this section, "financial entity" shall mean the following

entities which meet such criteria or conditions as the Central Government may, in consultation

with the financial sector regulator, notify in this behalf, namely: —

(a) a scheduled bank;

(b) any entity regulated by a foreign central bank or a securities market regulator or

other financial sector regulator of a jurisdiction outside India which jurisdiction is

compliant with the Financial Action Task Force Standards and is a signatory to the

17 | P a g e

International Organization of Securities Commissions Multilateral Memorandum of

Understanding;

(c) any investment vehicle, registered foreign institutional investor, registered foreign

portfolio investor or a foreign venture capital investor, where the terms shall have the

meaning assigned to them in regulation 2 of the Foreign Exchange Management

(Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2017

made under the Foreign Exchange Management Act, 1999 (42 of 1999);

(d) an asset reconstruction company register with the Reserve Bank of India under

section 3 of the Securitization and Reconstruction of Financial Assets and Enforcement

of Security Interest Act, 2002 (54 of 2002);

(e) an Alternate Investment Fund registered with Securities and Exchange Board of

India;

(f) such categories of persons as may be notified by the Central Government‖.

6. DOCUMENTS REQUIRED TO BE SUBMITTED TO ASCERTAIN ELIGIBILITY OF THE BIDDER

The Bidder would need to submit the following forms, documents and authorizations as part of

the E-Auction by the Bidder(s) as per the timelines prescribed in this E-Auction Process

Information Document:

6.1 Ownership structure and composition of the Bidder, Proof of Identification, Current

Address- Proof, PAN card, valid e-mail ID, Landline and mobile phone number etc.

6.2 Authorization to the Signatory (in case the bidder is a legal entity).

6.3 The interested bidder must submit the Affidavit and Undertaking (through Authorized Signatory,

in case the bidder is a legal entity). The format for the Affidavit and Undertaking is attached

vide Annexure I. The Liquidator may require the interested bidder to execute the

confidentiality agreement, the format for the confidentiality agreement is attached vide

Annexure V.

6.4 A Bidder will need to submit the duly filled, signed and stamped Bid Application Form

attached vide Annexure II, and duly filled, signed and stamped Bid Declaration Form by Bidders

attached vide Annexure III.

Please note that only the Eligible Bidder(s) will gain access to documentation, additional

information required for due diligence after due submission of the required bid form and

declaration form.

Further, if requested, the Liquidator may allow / co-ordinate, site visits for the Prospective

Bidders. The Liquidator may ask for such documents / information as he may deem fit before

allowing any Bidder to do site visit.

6.5 Further, it should be noted that at any stage of the E-Auction Process, the Liquidator may ask

for further documents from the Bidder(s) to evaluate their eligibility. The Liquidator, at his

discretion may disqualify the Bidder(s) for non-submission of the requested documents.

18 | P a g e

7. PLYSICAL VERIFICATION AND SITE VISIT

7.1 Bidders may request the Liquidator to arrange for physical verification and site visit of the

Property and Assets of the Company. Upon receipt of such a request, the Liquidator may,

before accepting any such request, require the Bidder to furnish such information / documents

as he may deem fit and may require the Bidder to execute the Confidentiality Agreement. The

Liquidator reserves the right to not arrange site visit for any reason whatsoever, irrespective of

the request of the Bidder.

The Liquidator may coordinate a site visit for Bidders at any time prior to the closure of the E-

Auction process, following a request for such a visit by the Bidders. The Liquidator will

communicate, in advance, to such Eligible Bidder, all the relevant details, terms and conditions,

if any, with respect to such Site Visit.

7.2 The Bidder is expected to make its own arrangements including accommodation for the Site

Visit. All costs and expenses incurred in relation to Site Visits shall be borne by the Bidder.

7.3 During Site Visit, the Bidder(s) may carry out its own comprehensive due diligence in respect

of the Company and shall be deemed to have full knowledge of the condition of the Company,

its assets, relevant documents, information etc. During the Site Visit, a Qualified Bidder shall

not:

(i) Take any photographs of the Site or take any documents back with it; or

(ii) Initiate any discussion regarding the Liquidation Process, with the personnel at Site, during

the course of its Site Visit.

7.4 The Bidder shall not be entitled fo r reimbursement of any expenses which may have been

incurred by it in carrying out of due diligence, search of title to the assets and matters

incidental thereto or for any purpose in connection with the Bid.

7.5 Any delay in completion of the Site Visit by the Bidder, shall not entitle the Bidder to

any extension in the timelines, including the timeline for completion of such Site Visit or

submission of the Bid, by or before the last date for submission of the Bid.

8. DUE DILIGENCE/DATA ROOM/CLARIFICATIONS

8.1 The Liquidator shall endeavor to provide necessary assistance, facilitating the conduction of

due diligence by interested Bidders. The information and documents shall be provided by

the Liquidator in good faith.

The properties and assets of the Company are proposed to be sold in accordance with the

provisions of IBC and Liquidation Process Regulations on “As is where is basis”, “As is

what is basis”, “Whatever there is basis” and “No recourse” basis and the proposed sale of

assets of the Company does not entail transfer of any title, except the title which the

Company had on its assets as on date of transfer.

8.2 Clarifications:

19 | P a g e

a) While the data/ information provided in this E-Auction Process Information Document and the

Data Room, has been prepared and provided in good faith, the Liquidator and their

Representatives shall not accept any responsibility or liability, whatsoever, in respect of any

statements or omissions herein, or the accuracy, correctness, completeness or reliability of the

information provided, and shall incur no liability under any law, statute, rules or regulations as

to the accuracy, reliability and completeness of the information provided, even if any loss or

damage is caused to any of the Bidder by any act or omission on their part.

b) It is further clarified that the data/information provided in the Data Room has been prepared

based on books of accounts, financial statements, Company’s website and discussions and

representations by the erstwhile directors and key managerial personnel of the Company.

Reasonable care has been taken in compiling various data and information, however the

Liquidator alongwith his advisors, consultants, representatives, make no representation or

warranties, express or implied, as to the quality, accuracy, authenticity, correctness, fairness

and completeness of the data provided in the Data Room, and assume no liability whatsoever in

respect of any inaccuracy, incompleteness, or omissions in the data provided in the Data Room.

c) Any clarification uploaded in the Data Room shall be binding on all the Bidders and shall be

deemed to form part of this E -Auction Process Information Document. No request for

modifications of the clarifications shall be entertained, however, the Liquidator, may, in a fit

case and as per his discretion, issue modification to the clarifications, if required. Such

modifications(s) shall be binding on all the Bidders and shall be deemed to modify the

clarification and be read as a part of this E-Auction Process Information Document.

e) A Bidder requiring any clarification on this E- Auction Process Information Document,

Liquidation Process, submission of the Bid or on the Company shall email such request for

clarification to shrilakshmi@aaainsolvency.com with a copy to

rohit.sehgal@aaainsolvency.com and rohit.sehgal@truproinsolvency.com.

f) The Liquidator reserves the right not to respond to any query or provide any clarification, at his

sole discretion, and no extension of time and date referred to in this E-Auction Process

Information Document shall be granted on the basis of not having received response to

clarifications sought from the Liquidator. Nothing in this Clause shall be considered or read as

compelling or requiring the Liquidator to respond to any query or to provide any clarification to

the queries raised by a bidder. The Liquidator will not be held responsible for any delay in

response or non-response to clarifications raised by the Bidder.

9. SALE UNDER LIQUIDATION AS A GOING CONCERN

9.1 The Liquidator under this E-Auction Process Document, proposes sale of Company

preferentially on going concern basis else otherwise in accordance with Regulation 32A of the

IBBI (Liquidation Process) Regulations, 2016 as reproduced herein:

"32A. Sale as a going concern

(1) Where the committee of creditors has recommended sale under clause (e) or (f) of

regulation 32 or where the liquidator is of the opinion that sale under clause (e) or (f) of

20 | P a g e

regulation 32 shall maximize the value of the corporate debtor, he shall endeavor to first sell

under the said clauses.

(2) For the purpose of sale under sub-regulation (1), the group of assets and liabilities of the

corporate debtor, as identified by the committee of creditors under sub-regulation (2) of

regulation 39C of the Insolvency and Bankruptcy Board of India (Insolvency Resolution

Process for Corporate Persons) Regulations, 2016 shall be sold as a going concern.

(3) Where the committee of creditors has not identified the assets and liabilities under sub

regulation (2) of regulation 39C of the Insolvency and Bankruptcy Board of India (Insolvency

Resolution Process for Corporate Persons) Regulations, 2016, the liquidator shall identify and

group the assets and liabilities to be sold as a going concern, in consultation with the

consultation committee.

(4) If the liquidator is unable to sell the corporate debtor or its business under clause (e) or (f)

of regulation 32 within ninety days from the liquidation commencement date, he shall proceed

to sell the assets of the corporate debtor under clauses (a) to (d) of regulation 32."

9.2 Identification of assets and liabilities for sale and methodology adopted for sale by the

Liquidator

In view of the liquidation order dated 1

st July 2020 read with NCLT order dated 09

th February

2021, the Liquidator in consultation with the stakeholder consultation committee (SCC) during

the SCC meeting dated 9th April 2021 agreed to group the assets and liabilities of the Corporate

Debtor and offer 10 Blocks / Options for sale under liquidation.

The Blocks and Details of all assets under each Block are appended as an Annexure VI.

The auctions under the 10 Blocks (i.e. Block A, Block B, Block C, Block D, Block E, Block F,

Block G, Block H, Block I and Block J) are being conducted in the interest of time. The

participants in e-auction understand and agree that e-auction will be conducted Block wise,

however

a. In case there is at-least one Eligible Bidder for Block A, the e-auction of all other blocks

will stand cancelled and EMD received for all other Blocks, if any, will be returned to the

respective bidders;

b. In case, there is no eligible bidder for Block A and there is at-least one Eligible Bidder for

Block B, e-auction of Block C and Block D will stand cancelled and EMD received, if

any, will be returned to the respective bidders.

c. In case, there is no eligible bidder for Block A and there is at-least one Eligible Bidder for

Block G, e-auction of Block H and Block I will stand cancelled and EMD received, if

any, will be returned to the respective bidders.

In case, the bidding is cancelled for any block(s), the eligible Bidders for those block(s)

shall be informed about the cancellation and all such Bidders shall have an option to

revise their expression and participate in the bidding for Block A / Block B / Block G as

the case may be, provided they confirm the same in writing to the Liquidator and pay the

balance EMD, if any. The Bidder who decides to participate in the bid by way of

revising/upgrading his bid for Block A/ Block B/Block G, shall have to confirm his

21 | P a g e

intention and submit the balance EMD within 3 (three) days from the date of receipt of

information about cancellation of bids from the Liquidator or by May 20th, 2021

whichever is earlier. However, no fresh EMD shall be entertained after 17th May 2021 i.e.

last date for submission of EMD.

On receipt of the entire sale consideration (plus applicable taxes and costs as determined by the

Liquidator), the Liquidator (in his discretion) shall issue a power of attorney in favour of the

Successful Bidder for certain limited purposes such as authorizing the Successful Bidder to

facilitate transfer of licenses and permissions, other approvals of the Company in its name, etc.

The Liquidator shall not be responsible in any manner for assisting/coordinating/obtaining any

transfers/renewals/permissions/approvals whether of any documents/license and

permissions/approvals/insurance policies/ either in the name of the Corporate Debtor or the

Successful Bidder and the sole responsibility for the same shall vest with the Successful Bidder.

It is clarified that apart from the Sale Certificate, Letter of Possession, Transfer of Title Deeds

(if any), the Liquidator shall not be required to execute any other document in favour of the

Successful Bidder for carrying out and effectuating the sale as per the E-Auction Process.

The Successful Bidder agrees and acknowledges that it shall be solely responsible for

carrying out necessary actions and obtaining necessary approvals in order to effectuate fully

the purposes, terms and conditions of the sale of the Company as a going concern to it,

including but not limited to, obtaining or renewing any license, consent, certificate, permit or

other authorization, including procuring all necessary approvals from Persons governmental

and statutory authorities, if any, as may be required.

10. MODE OF SALE AND AUCTION PROCESS

10.1 The liquidator proposes to conduct the sale of Company preferentially on a going concern

basis else otherwise as contemplated under Regulation 32A of the Liquidation Process

Regulations, 2016 through E-Auction Process Document.

The Successful Bidder shall be required to complete the sale of Company in accordance with

the provisions of IBC and Liquidation Process Regulations, 2016. After identification of

Successful Bidder, the Liquidator shall have the right to approach the Judicial Authority for

obtaining suitable directions on the implementation of such sale and any such directions shall

be binding on the parties to sale as per E-Auction Process Document.

It is clarified that from the date of submission of the Bid, the Eligible Bidders shall not be

entitled to withdraw, cancel or renegotiate the Bid under any circumstances or for any

reason and by participating in this e-auction process, the Eligible Bidders specifically waive

any such right to withdraw, cancel or renegotiate the Bid under all applicable law. In the event

the Eligible Bidder makes any attempt to withdraw/cancel the Bid, renegotiate or does not

complete payment of the sale consideration as per the timelines set out herein, the EMD, and

any other amounts paid by the Bidder shall be forfeited and the Bidder shall not be entitled

to claim refund of the same.

10.2 Auction Process –

22 | P a g e

(i) The Bidders will submit requisite documents / forms and deposit earnest money to

participate in the e-auction process.

(ii) Thereafter, the E- Auction will take place as scheduled.

(iii) Declaration of the Successful Bidder by the Liquidator.

(iv) The Successful Bidder shall be required to deposit 10% of the total Sales

Consideration within 2 days from the date of declaration of the Successful Bidder by

the Liquidator. In case, the EMD has been paid by way of RTGS/Demand

Draft, the same shall be adjusted and deemed to be a payment against 10% and the

Successful Bidder will be required to pay only the difference between 10% of the

total sales consideration and EMD paid.

The Liquidator shall, subject to receipt of at-least 10% of the total Sales

Consideration within the prescribed time, issue the LOI to the Successful Bidder

which is required to be signed and accepted unconditionally by the Successful

Bidder and returned to the Liquidator within 4 (four) days duly executed, the terms

of which shall be binding on the Successful Bidder.

(v) The Successful Bidder shall be required to deposit the balance sale consideration

(plus applicable Taxes as determined by the Liquidator) within 90 days from the

date of issuance of Letter of Intent. In accordance with Paragraph 1(12) of Schedule

I of the Liquidation Process Regulations, for payments made after thirty (30) days

from the date of issuance of LOI, interest at the rate of 12% p.a. shall be payable on

the balance sale consideration for the period after the said 30th

day till the date of

full payment. Further, the LOI issued by the Liquidator shall be cancelled at the

Liquidator’s discretion if the payment is not received within the timelines specified

in the Liquidation Process Regulations and/or this E-auction Process Document

and/or the Final Approval Order and/or as directed by the Liquidator.

(vi) Upon the payment of balance sale consideration, the sale of the assets of the

Company shall stand completed and the Liquidator shall execute a certificate of

sale or sale deed to consummate the sale transaction as contemplated under this E-

Auction Process Information Document and the Liquidation Process Regulations.

10.2. It is clarified that any necessary approvals, consents, reliefs that may be required to be

obtained by the Successful Bidder with respect to sale of the Company as contemplated in this

E-Auction Process Information Document have to be obtained by the Successful Bidder

without any deviation from the time frame for payment of balance sale consideration as

stipulated hereunder. The Liquidator shall not be obligated to relax any obligation of the

Successful Bidder due to any failure to obtain such necessary approvals, consents, reliefs that

may be required by the Successful Bidder to consummate the transaction within the timelines

set out hereunder.

10.3 A Bidder can bid for any BLOCK as specified in this document. The Bidder will have to

deposit Earnest Money deposit for the respective Blocks as specified in this document, for

him to participate in the bid. A Bidder intending to participate in bidding shall need to

specify the same in the bid documents submitted by him to the Liquidator.

23 | P a g e

10.4 The Liquidator reserves the right to alter, modify, cancel or relax any of the terms and

conditions mentioned in this E-Auction Process Information Document in the interest of the

liquidation process of the Company including cancellation of the E-Auction Process at

any point of time. Any such alteration, modification, cancellation or relaxation of E-Auction

Process shall be binding on the Bidder.

10.5 The Eligible Bidders, participating in the E-Auction Process, will have to Bid for an

amount not less than the Reserve Price for acquiring the assets of the Company. A Eligible

Bidder may improve its offer, multiple times during the E-auction process.

10.6 The attention of Eligible Bidders is invited to the fact that the Bidders cannot place a Bid for a

value below the Reserve Price. Such Bid will stand automatically disqualified.

10.7 The access to the details of the assets of the Company/ Data Room will be provided only to

Eligible Bidder, subject to submission of the requisite forms, documents and authorizations;

Affidavit and Undertaking; as stated in para 6 above.

11. ASSETS TO BE AUCTIONED AND RESERVE PRICES

Block Assets

Reserve

Price

(in Rs.)

EMD

Amount

(in Rs.)

Incremental

Value

(in Rs.)

A Sale of all units of the Corporate Debtor as a

going concern;

1. Abhaypur Unit

2. Malwan1- Denim Unit (alongwith the

Residential/ Housing area)

3. Rewari Bujurg Unit

4. Malwan – 2 (Spinning Unit)

5. Noida Unit

6. Roorkee Unit

7. Vehicles located at Head Offices

438.29

Crores

43.83

Crores 1.00 Crore

B 1. Sale of Abhaypur Unit; and

2. Malwan1- Denim Unit (alongwith the

Residential/ Housing area) of Corporate

Debtor as a going concern basis;

311.27

Crores

31.13

Crores 50.00 Lacs

C Sale of Abhaypur Unit on a Standalone

basis 142.91

Crores

14.29

Crores

25.00 Lacs

D Sale of Malwan1- Denim Unit (alongwith

the Residential/ Housing area) on a

Standalone basis;

168.35

Crores

16.84

Crores 25.00 Lacs

E Sale of Rewari Bujurg Unit on a Standalone

basis;

93.58

Crores

9.36

Crores 25.00 Lacs

F Sale of Malwan – 2 (Spinning Unit) on a

Standalone basis;

20.85

Crores

2.09

Crores 5.00 Lacs

G Sale of Roorkee Unit on a Standalone basis 12.38

Crores

1.24

Crores 5.00 Lacs

24 | P a g e

H Sale of Land & Building of Roorkee Unit 9.14

Crores

0.91

Crores 3.00 Lacs

I Sale of Machinery and Equipment of

Roorkee Unit 4.79

Crores

0.48

Crores 2.00 Lacs

J Vehicles located at Head office includes total

10 LMV vehicles including Toyota Innova,

Hyundai i20, Honda city, Grand i10, Accent,

etc.

21.34

Lacs

2.13

Lacs 25,000/-

The details of the Assets underlying each of the Block is given in Annexure VI.

It is to be noted that the bidders cannot place a bid for the block of assets at a value below the

reserve price. Further, the bidders can increase their Bid by a minimum incremental amount as

mentioned in the column “Incremental value” or in multiples of these amounts against the

corresponding Blocks.

12. EARNEST MONEY DEPOSIT

12.1 All the E-Auction Process Applicants shall provide, along with or prior to submission of

their auction bids, an amount which is equal to the 10% of the reserve price for the block of

asset that is to be bided for, as earnest money deposit (“EMD”) by way of a bank guarantee

issued by any scheduled commercial bank in India (“Bank”) in favour of the Guarantee

Beneficiary, i.e., Shri Lakshmi Cotsyn Limited – in liquidation, in the Format A (Earnest

Money – Bank Guarantee) provided in this E-Auction Process Information Document. The

Bank Guarantee shall be valid for a period not less than 120 days from the scheduled date of

e-auction.

12.2 It may be noted that the Bidder request the Liquidator to permit the Bidder to submit the

EMD through its Associate or Associate Company. Such payment of the EMD by an

Associate or Associate Company of the Bidder shall be accompanied by a letter in the PART A

of the format set out in Format B (Earnest Money by an Associate / Associate Company). Such

an Associate or Associate Company must also be Eligible Bidder as per the requirements

specified in this E-Auction Process Information Document.

Further, the bidder may participate in individual capacity provided he must also be Eligible

Bidder as per the requirements specified in this E-Auction Process Information Document.

Such an individual may submit the EMD himself or through his Associate / Associate

Company. In case EMD is deposited by an Associate / Associate Company, it must be

accompanied by a letter in the format set out in Format B (Earnest Money by an Associate /

Associate Company

Provided that, the Liquidator reserves the right to accept such a request at its sole discretion

and upon such terms and conditions as it may deem fit, including but not limited to requiring

such a party to submit any authorization documents or other necessary details/documents.

12.3 Mode of Payment of EMD and other instructions relating to EMD

25 | P a g e

a) The EMD, would not be bearing any interest, has to be paid by the Bidder prior to uploading

the online Bid Application Form.

b) The EMD may be submitted in the form of Bank Guarantee as per the format specified

hereunder or Demand Draft transfer or through RTGS / NEFT to the account number of the

Company as provided under:

Name SHRI LAKSHMI COTSYN LTD – IN LIQUIDATION

Account No. 50200050452182

Bank Name HDFC Bank Limited, New Delhi

IFSC Code HDFC0002686

Branch The Peach Tree, C- Block, Sushant Lok1, Gurgaon 122002

c) The details of any remittances in this regard shall be entered in the online form submitted by

the Bidder. The entire amount shall be remitted by the Bidder(s) from one bank account only

and to be owned by the Bidder. In the event the EMD is remitted by any other Person, it

must be accompanied by a letter in the format set out in Format B (Earnest Money by an

Associate / Associate Company/ Individual).

d) Bidders shall preserve the remittance challan and shall produce the same in front of the

Liquidator as and when demanded.

e) All the payments to be made by the Bidder under the e-auction shall be intimated to the

Liquidator at shrilakshmi@aaainsolvency.com with a copy to

Rohit.sehgal@aaainsolvency.com. And rohit.sehgal@truproinsolvency.com

12.4. It should be noted that no interest will be paid to the Bidder in relation to such EMD.

12.5 Forfeiture of Earnest Money Deposit from the Bidder

12.5.1 The Guarantee Beneficiary shall have the right to invoke the bank guarantee for a period upto

120days from the date of the e-auction, by issuance of a written demand to the Bank in the

circumstances as set out in the Bank Guarantee.

12.5.2 It is to be noted that the EMD furnished can be forfeited at any time, upon the occurrence of

any of the following events:

(i) if there is a breach of any of the conditions under this E-Auction Process Information

Document by the Bidder;

(ii) In case Bidder is found to have made any misrepresentation or fraud; or

(iii) if Bidder is found to be ineligible to submit the Bid as per the conditions set out in

Section 29A of the IBC (as amended from time to time) or is found to have made a

false or misleading declaration of eligibility as per the conditions set out in Section

29A of the IBC (as amended from time to time); or

(iv) if the Successful Bidder attempts to reduce/renegotiate the Bid amount under any

circumstances;

(v) if the Bidder despite submission of EMD, fails to participate in the bid or

withdraws/cancels or make any attempt to withdraw or cancel its Bid before the

announcement of successful Bidder;

26 | P a g e

(vi) if the Successful Bidder, fails to make the complete payment within the time

stipulated in the Liquidation Process Regulations as per the terms of letter of intent

issued by the Liquidator

12.5.3 In case of occurrence of any of the above events:

(i) all the amounts deposited by the Bidder or any other Person on its behalf till that

date shall be forfeited and the Bidder or any other Person shall not be entitled to

refund of the same;

(ii) the option to acquire the assets of the Company / Company will be offered to the

next highest Bidder. It is clarified that the Liquidator shall, in his sole discretion,

have the right to offer the option to acquire the assets of the Company, both to the

next highest bidder.

12.6 Other terms

12.6.1 The Liquidator shall return the EMD to the unsuccessful bidders, who have participated in

the bidding or to the bidders whose bidding is cancelled as per point 9.2 (a) and 9.2(b)

under this E-Auction Process Document within 15 (fifteen) days of the closure of the E-

Auction process. The EMD shall not bear any interest.

12.6.2 For Successful Bidders, an email confirmation will be given for being Successful Bidder on

the next day of the E-Auction.

12.7 Set-Off of Earnest Money of the Successful Bidder

In case of the Successful Bidders, the EMD (if paid by way of RTGS/Demand Draft

transfer) received shall be set-off against or used as part of the sale consideration that the

successful bidder proposes to offer in relation to the Company. The EMD shall not bear any

interest. In the event that the Earnest Money is provided by way of Bank Guarantee (as per

format provided herein), the EMD shall be released only and when the full payment of the

entire sale consideration (plus interest, applicable taxes and other costs as determined by the

Liquidator) is made by the Successful Bidder to the Liquidator.

Default by Successful Bidder and its Results

In the event of the Successful Bidder withdrawing his E-Auction Application, the Guarantee

Beneficiary / Liquidator shall have the right to invoke /encash the Earnest Money furnished by

the Successful Bidder.

13. PAYMENT TERMS

13.1 The successful bidder has to pay the sale consideration as under:

a. 1st Installment: 10% of the total sale consideration within 2 days from the date of

declaration of the Successful Bidder by the Liquidator. In case, EMD has been

pa id by way of RTGS/Demand Draft, the same shall be adjusted and deemed to be a

payment against 10% and the Successful Bidder will be required to pay only the

difference between 10% of the total sales consideration and EMD paid.;

27 | P a g e

b. 2nd

Installment: Balance 90% within 90 days from the date of issuance of Letter of

Intent. In accordance with Paragraph 1(12) of Schedule I of the Liquidation Process

Regulations, for payments made after thirty (30) days from the date of issuance of

LOI, interest at the rate of 12% p.a. shall be payable on the balance sale consideration

for the period after the said 30th

day till the date of payment. Further, the LOI issued

by the Liquidator shall be cancelled at the Liquidator’s discretion if the payment is not

received within the timelines specified in the Liquidation Process Regulations and/or

this E-auction Process Document and/or the Final Approval Order and/or as directed

by the Liquidator.

13.2 Mode of Payment

13.2.1 All payments shall be made through demand draft or through Bank Transfer, RTGS / NEFT

to the account number of the Company as provided under:

Name of Bank A/c Shri Lakshmi Cotsyn Limited – In Liquidation

Account Number 50200050452182

Bank Name HDFC Bank Limited, New Delhi

IFSC Code HDFC0002686

13.2.2 Bidders shall preserve the remittance challan and shall produce the same in front of the

Liquidator as and when demanded.

13.3 Forfeiture of EMD / 1st Installment of Payment from the Bidder

The Liquidator may, at its discretion, forfeit the EMD and / or 1st Installment of sale

Consideration upon the occurrence of any of the following events:

(i) if there is a breach of any of the conditions under this E-Auction Process

Information Document by the Successful Bidder or in case Successful Bidder is

found to have made any misrepresentation or fraud; or

(ii) if Successful Bidder is found to be ineligible to submit the Bid as per the conditions

set out in Section 29A of the IBC (as amended from time to time) or is found to

have made a false or misleading declaration of eligibility as per the conditions set

out in Section 29A of the IBC (as amended from time to time); or

(iii) if the Bidder despite the submission the EMD, fails to participate in the bid

or withdraws/cancels or make any attempt to withdraw or cancel its Bid at any time;

(iv) if the Successful Bidder attempts to reduce/renegotiate the Bid amount under any

circumstances; or

(v) if the Successful Bidder fails to make the payment of the balance sale consideration

within the timelines specified under the Liquidation Process Regulations and as per

the terms of the E-Auction Process Document and/or the Final Approval Order.

In case of occurrence of any of the above events, all the amounts deposited till that date shall

be forfeited and the option to acquire the Company / assets of the Company will be offered to

the next highest Bidder / re-auctioned. It is clarified that the Liquidator shall in his sole

discretion have the right either to offer the option to acquire the assets of the Company, to the

next highest bidder or to re-auction.

28 | P a g e

14. LETTER OF INTENT

The Successful Bidder, with in a period of 4 day from submission of bid, shall be required to

execute a letter of intent (LOI) provided by the Liquidator, the terms of which shall be binding

on him.

A sale certificate and/or conveyance document and/or transfer documents for the relevant

asset/assets shall be issued / executed between the Successful Bidder and the Company upon

receipt of the balance sale consideration.

15. DECLARATION OF SUCCESSFUL BIDDER

The Liquidator at the end of the E-Auction Process upon examination of the bids received

shall declare the Successful Bidder(s). The Successful Bidder(s) shall be determined on the

basis of highest Bid received in respect of sale of Company preferably ongoing concern basis

else otherwise in accordance with the provisions of IBC and Liquidation Process Regulations

read with Terms & Conditions as specified in the E-auction portal. In case of any dispute /

discrepancy, the Liquidator shall assess the E-Auction applications and declare the Successful

Bidder(s) offering maximum value for the auction of the Company. This right of selecting

and declaring the Successful Bidder(s) shall always solely rest with the Liquidator.

16. FRAUDULENT AND CORRUPT PRACTICES

The E-Auction Process Applicant / Bidder shall observe the highest standard of ethics during

the E-Auction Process and subsequently during the closure of the E-Auction Process and

during the declaration of the Successful Bidder. Notwithstanding anything to the contrary

contained in this E-Auction Process Information Document , the Liquidator shall reject the

Bid, without being liable in any manner whatsoever to the Bidder, if the Liquidator, at his

discretion, determines that the Bidder has, directly or indirectly or through an agent, engaged

in corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive

practice in the E-Auction Process or has, undertaken any action in respect of such process

which results in the breach of any Applicable Law including the Prevention of

Corruption Act, 1988. In such an event, the liquidator may retain the EMD, without prejudice

to any other right or remedy that may be available to the Liquidator under this E-Auction

Process Information Document or Applicable Law(s).

For the purposes of this Clause, the following terms shall have the meaning hereinafter

respectively assigned to them:

“coercive practice” shall mean impairing or harming, or threatening to impair or harm,

directly or indirectly, any person or property to influence any person's participation or action

in the E-Auction Process;

“corrupt practice” shall mean:

i. the offering, giving, receiving, or soliciting, directly or indirectly, of anything of value

to influence the actions of any person connected with the E-Auction Process (for

29 | P a g e

avoidance of doubt, offering of employment to or employing or engaging in any

manner whatsoever, directly or indirectly, any official of the Liquidator or the

Company, who is or has been associated or dealt in any manner, directly or indirectly

with the E-Auction Process or arising there from, before or after the execution thereof,

at any time prior to the expiry of 1 (one) year from the date such official resigns or

retires from or otherwise ceases to be in the service of the Liquidator or the Company,

shall be deemed to constitute influencing the actions of a person connected with the E-

Auction Process); or

ii. engaging in any manner whatsoever, during the E- Auction Process or thereafter, any

person in respect of any matter relating to the Company, who at any time has been or is

a legal, financial or technical adviser of the Liquidator or the Company, in relation to

any matter concerning the E-Auction Process;

“fraudulent practice” shall mean a misrepresentation or omission of facts or suppression of

facts or disclosure of incomplete facts, in order to influence the E-Auction Process;

“restrictive practice” shall mean forming a cartel or arriving at any understanding or

arrangement among the Bidders with the objective of restricting or manipulating a full and

fair competition in the E-Auction Process; and

“undesirable practice” shall mean (i) establishing contact with any person connected with

or employed or engaged by the liquidator with the objective of canvassing, lobbying or in any

manner influencing or attempting to influence the E-Auction Process; or (ii) having a

conflict of interest.

The Bidder shall not involve himself or for any of his Representatives in price manipulation

of any kind directly or indirectly under the Applicable Law(s) by communicating with other

Bidders.

The Bidder shall not divulge either his Bid or any other details provided to him by the

Liquidator or during the due diligence process in respect of the Company to any other party.

Prior to conduct of due diligence / Site Visits, the Liquidator may require the Bidder to

execute a Confidentiality Undertaking with the Company / Liquidator.

17. COSTS, EXPENSES AND TAX IMPLICATIONS

17.1 The E-Auction Process Applicant / Bidder shall be responsible for all the costs incurred by it

on account of its participation in the E-Auction Process, including any costs associated with

participation in the discussion meeting (if any), Site Visit, etc. The Liquidator shall not be

responsible in any way for such costs, regardless of the conduct or outcome of the E-Auction

Process.

17.2 It is hereby clarified that the Bidder shall make its own arrangements including

accommodation for the discussion meeting (if organized) or Site Visit and all costs and

expenses incurred in that relation shall be borne by the E-Auction Process Applicant/ Bidder.

17.3 The Bidder shall not be entitled to receive any reimbursement of any expenses which may

have been incurred while carrying out the due diligence, search of title to the assets of the

Company and matters incidental thereto or for any purpose in connection with the E-Auction

Process.

17.4 It is to be noted that all Taxes applicable whether income tax, any other direct and / or indirect

Taxes and / or duties and / or penalties and / or interest (including stamp duty implications

30 | P a g e

and registration charges) on sale of Company on going concern basis or in relation to the

Company in the future, on and after implementation of the sale transaction herein; as the

case may be in accordance with the provisions of IBC and Liquidation Process Regulations,

would be borne by the Successful Bidder over and above the sale consideration payable.

Some of the costs and charges for the sale transaction may include inter-alia the following:

(i) The sale of the Company attracts stamp duty, registration charges etc. as per relevant

Applicable Law(s);

(ii) The Successful Bidder shall bear all the necessary expenses like applicable stamp duties,

additional stamp duty / transfer charges, fees, etc. for transfer of the Company in its name,

license, permissions and approvals transfer fees, etc; and

(iii) The payment of all Taxes including statutory / non statutory dues, rates, assessments, charges,

fees, cess or other applicable tax i.e. GST, TDS, TCS, etc. It is clarified that if the Successful

Bidder determines that any TDS/TCS under the Income Tax Act, 1961 is deductible, the

same shall be payable/ deposited by the Successful Bidder over and above the bid price and

no amount shall be deducted from the bid price.

(iv) The Successful Bidder shall bear the applicable mutation fee and all the minor dues of land

development agencies, local and municipal taxes, assessment charges, etc. in respect of the

properties put on e- Auction.

17.5 It is expressly stated that the Liquidator does not take or assume any responsibility for any

dues, statutory or otherwise, of the Company, including such dues, if any, which may affect

transfer of the Company in the name of the Successful Bidder and such dues, if any, will

have to be borne /paid by the Successful Bidder.

17.6 The Bidder shall be responsible for fully satisfying the requirements of the IBC and the related

Regulations as well as all Applicable Law(s) that are relevant for the sale process. The

Successful Bidder shall be responsible for obtaining requisite regulatory or statutory or third-

party approvals, no-objections, permission or consents, if any, that are or may be required

under Applicable Law(s) in respect of the sale of Company or its assets as contemplated in E-

Auction Process Information Document.

18. GOVERNING LAW AND JURISDICTION

This E-Auction Process Information Document, the E-Auction Process and the other

documents pursuant to the E-Auction Process Information Document shall be governed by the

laws of India and any dispute arising out of or in relation to the E-Auction Process

Information Document or the E-Auction Process shall be subject to the exclusive jurisdiction

of the NCLT, courts and tribunals at Allahabad, India. In addition, the bank guarantee

provided by the Bidder in relation to the EMD as per Format A or Format B of this document

shall be subject to the exclusive jurisdiction of the courts and tribunals at Delhi.

As per recent SEBI Board Meeting PR No.61/2020 dated 16.12.2020, amendments have

been carried out for minimum public holding for listed companies undergoing CIRP.

“Recalibration of Minimum Public Shareholding norms for listed companies going through

Corporate Insolvency Resolution Process (CIRP).

31 | P a g e

Presently, during Corporate Insolvency Resolution Process (CIRP) where the public shareholding falls below 10%, such listed companies are required to bring the public shareholding to at least 10% within a period of 18 months and to 25% within 36 months. In this context, the Board has decided the following in respect of companies which continue to

remain listed as a result of implementation of the resolution plan under the Insolvency and

Bankruptcy Code:

i. Such companies will be mandated to have at least 5% public shareholding at the time of

their admission to dealing on stock exchange, as against no minimum requirement at present.

ii. Further, such companies will be provided 12 months to achieve public shareholding of

10% from the date such shares of the company are admitted to dealings on stock exchange

and 36 months to achieve public shareholding of 25% from the said date. iii. The lock-in on equity shares allotted to the resolution applicant under the resolution

plan shall not be applicable to the extent to achieve 10% public shareholding within 12

months.

iv. Such companies shall be required to make additional disclosures, such as, specific

details of resolution plan including details of assets post-CIRP, details of securities

continuing to be imposed on the companies’ assets and other material liabilities imposed on

the company, proposed steps to be taken by the incoming investor/acquirer for achieving the

minimum public shareholding (MPS) and quarterly disclosure of the status of achieving the

MPS.

32 | P a g e

19. TIMETABLE

The following timetable shall apply to the E-Auction Process Information Document. The

timetable may be amended /extended by the Liquidator through issuance of an addendum to

the E- Auction Process Information Document or any other means as deemed appropriate

by the Liquidator.

S

No.

Event Timeline

1 Public Advertisement of E-Auction April 23, 2021

2 This E- Auction Process Information Document made available

on the website of the Company

April 23, 2021

3 Submission of the requisite forms, documents

and authorizations; Affidavit and Undertaking; as annexed

in the E-Auction Process Information Document and EMD

May 17, 2021

4 Confirmation of cancellation of Bid for one or more

Blocks, if any

May 17, 2021

5 Revision of Bids by the eligible bidders of Blocks of which

e-auction has been cancelled

May 20, 2021

6 E- Auction Date May 21,2021

*While the timeline for submission of Bid Application Form and Bid Declaration Form is

from 23.04.2021 to 21.05.2021. But bidders for Block B to Block J will be given an option

to revise / upgrade their bids for Block A or Block B or Block G as the case may be, if there

is any bidder for Block A and Block B or Block G. Please note that access to

documentation, additional information and site visits will be granted only once the bidder

submits the requisite forms, documents and authorizations; Affidavit and Undertaking, and

declaration form proving his eligibility to participate in the bidding process. Further, the

liquidator may require bidders to execute confidentiality agreement before giving the access to

any documentation.

However, as per the Paragraph 12 of Schedule I of IBBI (Liquidation Process) Regulations,

2019, “On the close of the auction, the highest bidder shall be invited to provide balance

sale consideration within ninety days of the date of such demand:

Provided that payments made after thirty days shall attract interest at the rate of 12%:

Provided further that the sale shall be cancelled if the payment is not received within ninety

days.”

Bidders should regularly visit the website(s)/link(s) mentioned in public advertisement to keep

themselves updated regarding clarifications, amendments and/or extension of time, if any.

Note –

The timeline for payment of final sale consideration may be extended at the sole discretion of

Liquidator, to the extent permissible under the Applicable Law(s) and the Liquidation

Process Regulations. In case the final sale consideration is not paid within the timelines

prescribed under this document / IBC / Liquidation Process Regulations, the Liquidator

shall forfeit the EMD and any further Payment made by the Successful Bidder.

33 | P a g e

FORMAT A - EARNEST MONEY DEPOSIT – BANK GUARANTEE

(To be on non-judicial stamp paper of appropriate stamp duty value relevant to place of

execution)

To

Mr. Rohit Sehgal

LIQUIDATOR of SHRI LAKSHMI COTSYN LIMITED (in Liquidation)

Reg Office - 19/X-1 Krishnapuram,

Kanpur, Uttar Pradesh- 208007

and

HDFC Bank Limited,

The Peach Tree, C- Block, Sushant Lok1, Gurgaon 122002, Haryana

(“HDFC Bank Limited”, together with the “Liquidator”, the “Beneficiary”)

WHEREAS

A. [Insert name of the Bidder] incorporated in [India]/ [insert name of country where

guarantor is incorporated] under the [Companies Act, [1956/2013]]/ [insert name of

legislation under which the entity is incorporated] with corporate identity number [insert

the corporate identity number of the entity], whose registered office is at [insert address]

(“Bidder”) is required to provide an unconditional and irrevocable bank

guarantee for an amount equal to INR__ (Indian Rupees _____only) in

accordance with the terms of the E- Auction Process Information Document dated

(“E-Auction Process Information Document ”) issued by the Liquidator seeking

submission of bids for the carrying out the sale of Shri Lakshmi Cotsyn Limited under

Liquidation.

B. This bank guarantee is required to be issued in favour of Shri Lakshmi Cotsyn Limited

– in Liquidation (“Beneficiary”), pursuant to the terms of the E-Auction Process

Information Document.

C. We, [insert name of the bank] having our registered office at [insert address] (“Bank”) at

the request of the Bidder do hereby undertake to pay to the Beneficiary at an

amount not exceeding INR____ (Indian Rupees Only) [insert the amount of

Earnest Money Deposit] to secure the obligations of the Bidder under the E-Auction

Process Information Document on demand from the Beneficiary on terms and conditions

herein contained.

1. Now therefore, the Bank hereby issues in favour of the Beneficiary this irrevocable

and unconditional payment bank guarantee (“Guarantee”) on behalf of [Insert name

of the Bidder] for an amount.

2. The Bank for the purpose hereof unconditionally and irrevocably undertakes to pay

to the Beneficiary without any demur, reservation, caveat, protest or recourse,

immediately on receipt of first written demand made by the Beneficiary/Liquidator,

34 | P a g e

a sum not exceeding the aggregate amount of INR XXXXX(Indian Rupees XXXXX

Only) [Insert the amount of Earnest Money Deposit].

3. This Guarantee shall be valid and binding on the Bank up to and including [Insert

date of validity of the Earnest Money] and shall in no event be terminable by notice or

any change in the constitution of the Bank or the Beneficiary, by any other reasons

whatsoever and our liability hereunder shall not be impaired or discharged by any

extension of time or variations or alternations made, given, or agreed with or without

our knowledge or consent, by or between parties to the respective agreement.

4. The Bank hereby expressly agrees that the demand made on it under this Guarantee

shall be conclusive evidence of that such payment is due and the Bank shall not

require any proof in addition to the written demand from Beneficiary, made in any

format, raised at the above mentioned address of the Bank, in order to make the said

payment to the Beneficiary.

5. The Bank shall make payment hereunder notwithstanding any objection by [Insert

name of the Bidder] and / or any other person or any dispute (s) raised by the [insert

name of the Bidder] in any suit or proceeding pending before any court or tribunal

relating thereto and the Bank’s liability under this present being absolute and

unequivocal. The Bank shall not require the Beneficiary to justify the invocation of

this Guarantee, nor shall the Bank have any recourse against the procurer(s) in

respect of any payment made hereunder.

6. This Guarantee shall be interpreted in accordance with the laws of India and the

courts and tribunals at Delhi shall have exclusive jurisdiction. The Bank represents

that this Guarantee has been established in such form and with such content that it is

fully enforceable in accordance with its terms as against the Bank in the manner

provided herein.

7. This Guarantee shall not be affected in any manner by reason of merger,

amalgamation, restructuring, liquidation, winding up, dissolution or any other

change in the constitution of the Bank/Bidder.

8. This Guarantee shall be a primary obligation of the Bank and accordingly the

Beneficiary shall not be obliged before enforcing this Guarantee to take any action in

any court or arbitral proceedings against the Bidder, to make any claim against or

any demand on the Bidder or to give any notice to the Bidder or to exercise, levy or

enforce any distress, diligence or other process against the Bidder. The Bank waives

any such right to that extent.

9. The Bank further unconditionally agrees with the Beneficiary that the Beneficiary

shall be at liberty, without Bank’s consent and without affecting in any manner the

Bank’s obligations under this Guarantee, from time to time:

(i) Vary and/or modify any of the terms of the E-Auction Process Information

Document;

35 | P a g e

(ii) Extend and/or postpone the time of performance of the obligations of the

Bidder under the E-Auction Process Information Document; or

(iii) Forbear or enforce any rights exercisable by the Beneficiary against the

Bidder under the terms of the E-Auction Process Information Document.

and the Bank shall not be relieved from its liability by reason of any such act or

omission on the part of the Beneficiary or any indulgence by the Beneficiary to the

Bidder or other thing whatsoever which under the law relating to sureties would,

but for this provision, have the effect of relieving the Bank of its obligations under

the Guarantee.

10. The Bank hereby agrees and acknowledges that the Beneficiary shall have a right to

invoke this Guarantee either in part or in full, as it may deem fit.

11. Our liability under this Guarantee is restricted to INR XXXXX (Indian Rupees

XXXXXX Only) [Insert the amount of Earnest Money Deposit] and it shall remain in

force until [Insert Earnest Deposit Validity Date], with an additional claim period of

120 days thereafter.

12. Failure to re-issue or extend this Guarantee in accordance with Clauses 11 shall

entitle the beneficiary to invoke this guarantee.

13. The Guarantor Bank represents and warrants that adequate stamp duty has been paid

on this Guarantee for its enforceability in the place of issuance or Delhi (whichever

is higher) and in the event, the stamp duty is found to be deficit, the Bank shall be

solely liable to pay the same as per the applicable law.

In witness whereof the Bank, through its authorized officer, has set its hand and stamp on this

day of at .

Witness:

1. …………………………………….

Signature Name and Address. Name:

2. …………………………………….

Designation with Bank Stamp Name and Address. Attorney as per power of attorney No …………………

For:

……………………………………[Insert Name of the Bank] Banker’s

Stamp and Full Address:

Dated this …………………day of 20…..

Notes:

The Stamp paper should be in the name of the Bank.

36 | P a g e

FORMAT B - EARNEST MONEY DEPOSIT PAYMENT BY AN ASSOCIATE

COMPANY/ASSOCIATE

PART A

(on the letterhead of an Associate Company / Associate)

To

Mr. Rohit Sehgal

Liquidator of Shri Lakshmi Cotsyn Limited-in Liquidation

Reg Office - 19/X-1 Krishnapuram,

Kanpur, Uttar Pradesh- 208007

(“Liquidator”)

[Copy to:]

[Insert name of the Bidder with address]

Dear Sir,

Sub: Payment of the amounts of Earnest Money on behalf of the Bidder in relation to the E-

Auction of assets of Shri Lakshmi Cotsyn Limited-in Liquidation

In light of the Bid for assets of Shri Lakshmi Cotsyn Limited submitted by [Insert name of the

Bidder with address] in accordance with and subject to the provisions of the E-Auction Process

Information Document dated [•] in relation to the captioned transaction ("E-Auction Process

Information Document "), issued by the Liquidator,

[Insert name and address of the Associate/Associate Company and address of the head office] hereby

declares and confirms it is [an/the] [Insert relationship of the Associate/Associate Company with the

Bidder] of the Bidder ("Associate/Associate Company"), and the payment of the Earnest

Money vide [Insert mode of payment] ("Payment") is on behalf of the Bidder. The Associate

Company acknowledges that such amounts paid as EMD shall be subject to the terms of the E-

Auction Process Information Document and hereby waives any right to claim any refund or

adjustment of the amounts of such payment except in accordance with the terms of the E-

Auction Process Information Document.

The Associate/Associate Company hereby represents and warrants that payment of amounts

on behalf of the Bidder is in compliance with Applicable Law.

Capitalized terms used but not defined in this letter shall have the meanings ascribed to such

terms in the E-Auction Process Information Document.

Thanking You,

37 | P a g e

Yours

sincerely,

________

[Signature and name of the Authorised Officer of the Associate/ Associate Company]

Rubber stamp/ seal of the Associate/Associate Company

ACKNOWLEDGMENT

We hereby acknowledge and confirm the statements set out above by the Associate/Associate

Company.

Yours sincerely,

________

[Signature and name of the Authorised Officer of the Bidder]

Rubber stamp/seal of the Bidder

38 | P a g e

FORMAT B - EARNEST MONEY DEPOSIT PAYMENT BY AN INDIVIDUAL

PART B

To

Mr. Rohit Sehgal

Liquidator of Shri Lakshmi Cotsyn Limited-in Liquidation

Reg Office - 19/X-1 Krishnapuram,

Kanpur, Uttar Pradesh- 208007

(“Liquidator”)

[Copy to:]

[Insert name of the Bidder with address]

Dear Sir,

Sub: Payment of the amounts of Earnest Money by the bidder in relation to the E-Auction of assets

of Shri Lakshmi Cotsyn Limited-in Liquidation

In light of the Bid for assets of Shri Lakshmi Cotsyn Limited submitted by [Insert name of the Bidder

with address] in accordance with and subject to the provisions of the E-Auction Process Information

Document dated [•] in relation to the captioned transaction ("E-Auction Process Information

Document "), issued by the Liquidator,

[Insert name and address of the bidder] hereby declares and confirms that the payment of the Earnest

Money vide [Insert mode of payment] ("Payment") is made by me. That I further acknowledge that

such amounts paid as EMD shall be subject to the terms of the E-Auction Process Information

Document and hereby waives any right to claim any refund or adjustment of the amounts of such

payment except in accordance with the terms of the E-Auction Process Information Document.

I hereby warrants that payment of amounts is in compliance with Applicable Law.

Capitalized terms used but not defined in this letter shall have the meanings ascribed to such terms

in the E-Auction Process Information Document.

Thanking You,

Yours sincerely,

________

[Signature and name of the Individual]

ACKNOWLEDGMENT

We hereby acknowledge and confirm the statements set out above

Yours sincerely,________

[Signature and name of the Authorised Officer of the Bidder]

39 | P a g e

ANNEXURE I - AFFIDAVIT AND UNDERTAKING

(To be notarised on stamp paper)

Date:

To

Mr. Rohit Sehgal

Liquidator of Shri Lakshmi Cotsyn Limited -in Liquidation

Reg Office - 19/X-1 Krishnapuram,

Kanpur, Uttar Pradesh- 208007

Sub: Disclosure and Undertaking on eligibility under Section 29A of the Insolvency and

Bankruptcy Code, 2016

Dear Sir,

A. I hereby submit this declaration under Section 29A of the Insolvency and Bankruptcy Code,

2016 (“IBC”) as inserted by the Insolvency and Bankruptcy Code (Amendment) Act, 2018

and further amendments thereto:

I have understood the provisions of Section 29A of IBC and confirm that I am eligible to

submit my bid under section 29A of IBC. I confirm that in accordance with the provisions of

section 29 A of IBC, inter-alia, neither (XYZ Limited) nor any person acting jointly with

XYZ Limited or any person who is a promoter or in the management or control of XYZ

Limited or any person acting jointly with XYZ Limited:

(I) Is an un-discharged insolvent;

(II) Is a willful defaulter in accordance with the guidelines of the Reserve Bank of India

issued under the Banking Regulation Act, 1949;

(III) At the time of submission of the Bid, has an account, or an account of a corporate

debtor under the management or control of such person or of whom such person is a

promoter, classified as non-performing asset in accordance with the guidelines of

the Reserve Bank of India issued under the Banking Regulation Act, 1949 and at least

a period of one year has lapsed from the date of such classification till the date of

commencement of the corporate insolvency resolution process of the corporate

debtor;

(IV) Has been convicted for any offence punishable with imprisonment – (i) for two years

or more under any Act specified under the Twelfth Schedule; or (ii) for seven years

or more under any law for the time being in force: Provided that this clause shall not

apply to a person after the expiry of a period of two years from the date of his release

from imprisonment : Provided further that this clause shall not apply in relation to a

connected person referred to in clause(iii) of Explanation I.

(V) Is disqualified to act as a director under the Companies Act, 2013;

40 | P a g e

(VI) Is prohibited by the Securities and Exchange Board of India from trading in securities

or accessing the securities markets;

(VII) Has been a promoter or in the management or control of a corporate debtor in which a

preferential transaction, undervalued transaction, extortionate credit transaction or

fraudulent transaction has taken place and in respect of which an order has been

made by the Adjudicating Authority under this IBC;

(VIII) Has executed an enforceable guarantee in favour of a creditor in respect of a

corporate debtor against which an application for insolvency resolution made by such

creditor has been admitted under this IBC;

(IX) Has been subject to any disability, corresponding to clauses (a) to (h) of Section 29A,

under any law in a jurisdiction outside India; or

(X) Has a connected person (as defined in Explanation to Section 29A) who is ineligible

under clauses (a) to (i) of Section 29A of IBC.

I, therefore, confirm that XYZ Limited is eligible under Section 29A of IBC submit its Bid

for Shri Lakshmi Cotsyn Limited – In Liquidation as Going concern.

B. I undertake on behalf of XYZ Limited, that during the Liquidation Process, no person who

would be considered as Connected Person as is not eligible to submit resolution plan under

Section 29A of Insolvency and Bankruptcy Code, 2016 and the regulation 38 of IBBI

(Insolvency Resolution Process of Corporate Persons) regulations, 2016 shall be engaged in

the management and control of the corporate debtor.

C. I declare and undertake that in case XYZ Limited becomes ineligible at any stage during the

Liquidation Process, it would inform the Liquidator forthwith on becoming ineligible.

D. I also undertake that in case XYZ Limited becomes ineligible at any time after submission

of EMD, then the EMD would be forfeited and the same would be deposited in the account

of Shri Lakshmi Cotsyn Limited – in liquidation.

E. I confirm that the said declaration and disclosure is true and correct and the undefined legal

terms in this undertaking shall have the same meaning as ascribed to them under IBC and

regulations thereunder.

F. I confirm that the said declaration and disclosure is true and correct.

G. I am duly authorized to submit this declaration by virtue of [Insert the details of the

corporate authorisations]

(DEPONENT)

VERIFICATION

I, the deponent above, do hereby solemnly declare and affirm that the above statement given by me is

true and correct to the best of my knowledge and belief and nothing stated above is false or

misrepresentation or misleading.

(DEPONENT)

41 | P a g e

ANNEXURE II - BID APPLICATION FORM

(Please fill up separate Bid application form)

Date:

To

Mr. Rohit Sehgal

Liquidator of Shri Lakshmi Cotsyn Limited - in Liquidation

Reg Office - 19/X-1 Krishnapuram,

Kanpur, Uttar Pradesh- 208007

Dear Sir,

I am desirous in participating in the E-Auction Process of Shri Lakshmi Cotsyn Limited (under

liquidation) announced by you in newspaper(s) publication dated____in_________(name of media

journal)

The Details of the Bidder is as follows:

Name

Constitution of the Bidder

Contact No.

Email ID

PAN No.

Address

Details of Block

Sr.No. and Block in sale notice for which EMD

deposited

Description of Division

Reserve Price of Division as per sales Notice

Details of EMD paid

Amount of EMD

Mode of Payment – DD / RTGS / BG

Details of Payment

Details of bank and branch in which refund, if any has to be made :

Name of Bidder:

Bank account no.

42 | P a g e

Name of Bank:

IFSC code:

Branch Name:

I/We/M/s. also encloses the copies of the required KYC documents. We request you to kindly verify

the same and arrange with the auction portals for issue of an ID and password for us to enable us to

take part in the E-Auction.

Place: On behalf of the Bidder

(Stamp)

Date:

43 | P a g e

Terms and Conditions of the E-Auction are as under:

In addition to the E-Auction Process Information Document, following terms and conditions

apply:

1. E-Auction is being held on “AS IS WHERE IS, AS IS WHAT IS, WHATEVER THERE

IS AND WITHOUT RECOURSE BASIS” and will be conducted “Online”. The E-

Auction will be conducted through the approved service provider M/s E-Procurement

Technologies Limited, at the web portal https://ncltauction.auctiontiger.net E-

Auction Process document containing E-Auction bid form, Declaration by bidders,

General terms and conditions of online auction sales are available on Websites

https://ncltauction.auctiontiger.net interested bidders can register, bid and receive

confirmation of their bid online.

The requisition of additional information, if any, be sent to

shrilakshmi@aaainsolvency.com disclosing the identity of the Applicant.

2. The Prospective Bidders should make their own independent inquiries / verification

regarding the encumbrances, title of assets put on auction and claims/rights/dues/ affecting

the assets of the Company and should conduct their own due diligence prior to submitting

their Bid. The e-Auction advertisement does not constitute and will not be deemed to

constitute any commitment or any representation of the Liquidator. The Assets of the

Company is proposed to be sold with all the existing and future

encumbrances/claims/dues/demands whether known or unknown to the Liquidator.

Liquidator shall not be responsible in any of way for any third- party claims/ rights/ dues.

3. The Prospective Bidders should submit the evidence for EMD deposit like UTR number

along with the request letter for participation in E-Auction as follows:

(i) In case of individuals: (a) Proof of identification (KYC) viz. Voter ID card/ Driving

License/ Passport etc., (b) Current Address-Proof for communication, (c) PAN card

of Bidder, (d) Valid Email ID, (e) contact number (Mobile/Landline) (f) and

all other relevant documentation in relation to the bidding process.

(ii) In case the Bidder is a Company/Entity: (a) Copy of original authorization letter at

company letter head, in the name of the individual authorized to collect Letter of

Intent on behalf of the company; (b) Copy of ID Proof of the authorized

representative like AADHAR/Passport etc; (c) Copy of PAN Card of the Company;

(d) Copy of Memorandum and Articles of Association of the company; and (e) All

relevant documentation related to the E-Auction Process

The details / documents should reach to the office of the Liquidator by 5.00 PM on

or before the last date as specified in the E-Auction Process Information Document

i.e. 17th May 2021. Scanned copies of the original of these documents can also

44 | P a g e

be submitted to the email of the Liquidator at

shrilakshmi@aaainsolvency.com with a copy to Rohit.Sehgal@aaainsolvency.com

and Rohit.Sehgal@truproinsolvency.com.

(iii) At the time of delivery, the authorized person would have to show the original

documents of: (i) Original authorization letter of the Company; (ii) Original

ID Proof of the authorized representative/ individual appearing

like AADHAR/Passport etc and (iii) Original PAN Card of the Company/

Individual.

4. Name of the Eligible Bidders will be identified and conveyed by Liquidator to

participate in online E-Auction on the portal https://ncltauction.auctiontiger.net as per

timelines specified in the E-Auction Process Information Document. The Liquidator will

provide User ID & Password to the Eligible Bidders after due verification of KYC of

the Eligible Bidders.

5. It wi l l be the responsibility of the Prospective/Interested Bidders to inspect and

satisfy themselves about the assets of the Company / Company before submission of the

Bid.

6. Liquidator has right to demand any additional documents from the Bidder for the E-

Auction Process. In case such additional documents are not provided by the Bidder, the

Liquidator in his own discretion may disqualify the Bid.

7. The E-Auction of the Company would be conducted on t he da te specified in the E-

Auction Process Information Document or as specified by the Liquidator under the E-

Auction Process Document by way of inter-se bidding amongst the bidders. The bidder

may improve their offer in multiple of specified “Bid Increment Amount” against the

property. In case bid is placed in the last 5 minutes of the closing time of the E-auction, the

closing time will automatically get extended for 5 minutes

8. The auctions under the 10 Blocks (i.e. Block A, Block B, Block C, Block D, Block E, Block

F, Block G, Block H, Block I and Block J) are being conducted in the interest of time. The

participants in e-auction understand and agree that e-auction will be conducted sequentially

Block wise, however

a. In case there is at-least one Eligible Bidder for Block A, the e-auction of all other

blocks will stand cancelled and EMD received for all other Blocks, if any, will be

returned to the respective bidders;

b. In case, there is no eligible bidder for Block A and there is at-least one Eligible Bidder

for Block B, e-auction of Block C and Block D will stand cancelled and EMD received,

if any, will be returned to the respective bidders.

c. In case, there is no eligible bidder for Block A and there is at-least one Eligible Bidder

for Block G, e-auction of Block H and Block I will stand cancelled and EMD received,

if any, will be returned to the respective bidders.

45 | P a g e

In case, the bidding is cancelled for any block(s), the eligible Bidders for those block(s)

shall be informed about the cancellation and all such Bidders shall have an option to revise

their expression and participate in the bidding for Block A / Block B / Block G as the case

may be, provided they confirm the same in writing to the Liquidator and pay the balance

EMD, if any. The Bidder who decides to participate in the bid by way of

revising/upgrading his bid for Block A/ Block B/Block G, shall have to confirm his

intention and submit the balance EMD within 3 (three) days from the date of receipt of

information about cancellation of bids from the Liquidator or by May 20th, 2021

whichever is earlier. However, no fresh EMD shall be entertained after 17th May 2021 i.e.

last date for submission of EMD.

9. The EMD of unsuccessful bidders, who have participated in the bid or EMD of those

bidders whose bidding is cancelled as per clause 8, shall be refunded within 15 (Fifteen)

days from the closure of E- auction. The EMD shall not bear any interest.

10. In case of the Successful Bidders, the EMD (if provided by way of Ba n k

T ra n s f e r / RTGS/Demand Draft transfer) received shall be adjusted towards the

p a y me n t o f 1s t

balance of the sale consideration. The EMD shall not bear any

interest. In the event that the Successful Bidder/any entity on behalf of the successful

Bidder has provided Earnest Money by way of Bank Guarantee (as per format provided

herein), the EMD shall be released only and when the full payment of the entire sale

consideration (plus interest, applicable taxes and other costs as determined by the

Liquidator) is made by the Successful Bidder to the Liquidator.

11. The Liquidator will issue Letter of Intent to the Successful Bidder, detailing the total

payable amount and other terms and conditions. The Successful Bidder would have to

pay the balance sale consideration (plus interest, applicable taxes and costs as intimated

by the Liquidator) within time stipulated in this E- Auction Process Information

Document. Any default in payment of the Bid amount by the Successful Bidder would

entail forfeiture of EMD.

12. The Successful Bidder shall bear the applicable mutation fees, stamp duties/ additional

stamp duty / transfer charges, fee, taxes, Good and Services Tax, etc. and also all the

statutory/ non statutory dues, taxes, insurance premiums/ license, approval and permission

transfer fees, rates assessment charges fees or all other dues of land development

agencies, local and municipal taxes, assessment charges etc. in respect of the properties

put on e-Auction.

13. The Liquidator is not bound to accept the highest offer or and has the absolute right to

accept or reject any or all offer(s) or adjourn / postpone/ cancel the E-Auction or withdraw

any asset or portion thereof from the e-auction proceedings at any stage without assigning

any reason there for.

14. The sale certificate will be issued and / or transaction / sale documents executed in the

name of Successful Bidder(s) only and will not be issued in any other name(s).

46 | P a g e

15. The sale of the Company as contemplated under this document shall be subject to

conditions prescribed under the Insolvency & Bankruptcy Code, 2016 read with

amendments and rules/ regulations made thereunder.

16. The interested bidders may give offers either for one or more than one asset blocks. In case

a bidder bids for more than one asset, he will be required to submit separate EMD

amounts for each asset blocks.

17. The decision of the Liquidator on declaration of Successful Bidder shall be final and

binding on all the Bidders.

18. The Bidders are required to keep themselves updated for any revisions in the terms

and conditions of E-Auction by regularly visiting the links and website addresses of the

Company as mentioned in this E-Auction Process Information Document E-Auction

Process Information Document.

Date:

Place:

Gurugram

SD/-

Rohit Sehgal

Liquidator of Shri Lakshmi Cotsyn Limited (in Liquidation)

Reg No. IBBI/ IPA-001/ IP-P00528/ 2017-18/ 10953

Communication Address & Email ID:

Shri Lakshmi Cotsyn Limited – In Liquidation

Reg Office – 19/X-1 Krishnapuram,

Kanpur, Uttar Pradesh- 208007

Email : shrilakshmi@aaainsolvency.com

Rohit Sehgal has been granted a certificate of registration to act as a Liquidator by the Insolvency

and Bankruptcy Board of India, his Registration No. is IBBI Reg. No: IBBI/IPA-001/IP-

P00528/2017-2018/10953. The affairs, business and property of Shri Lakshmi Cotsyn Limited

(SLCL) are being managed by the Liquidator, Rohit Sehgal, who acts as agent of SLCL only and

without personal liability.

IP registration details as under:

IP Registration no. IBBI/IPA-001/IP-P00528/2017-2018/10953

Correspondence Address: 581, Sector 27, Gurugram, 122002

Email: rohit.sehgal@aaainsolvency.com; shrilakshmi@aaainsolvency.com

Contact No.-Mr. Rahul Nagar- 7011568767

47 | P a g e

ANNEXURE III - BID DECLARATION FORM/

DECLARATION BY BIDDERS

To

Mr. Rohit Sehgal

Liquidator of Shri Lakshmi Cotsyn Limited (in Liquidation)

Shri Lakshmi Cotsyn Limited

Reg Office – 19/X-1 Krishnapuram, Kanpur,

Uttar Pradesh- 208007

Dear Sir,

1. I / We, the Bidder (s) aforesaid do hereby state that, I / We have read the entire terms and

conditions for the sale of the Company as going concern basis as specified in the Public

Advertisement and E-Auction Process Information Document and have understood them

fully. I/We hereby unconditionally agree to confirm with and to be bound by the said terms

and conditions and agree to take part in the E-Auction Process.

2. I / We, understand and acknowledge that the E-Auction is being held on “AS IS WHERE

IS, AS IS WHAT IS, WHATEVER THERE IS AND WITHOUT RECOURSE BASIS” and

will be conducted “Online”.

3. I / We declare that the Earnest Money Deposit/EMD and documents submitted in relation to

the Eligibility Criteria as specified in the E-Auction Process Information Document and that

the particulars of remittance and all other information given by me/us in the form is true and

correct.

4. I/we acknowledge that in the event we are declared as the Successful Bidder, the EMD (if

provided by way of Bank Transfer/Demand Draft/ RTGS transfer) received shall be

adjusted towards the payment of 1s t

Installment of the consideration. The EMD shall

not bear any interest. In the event that we/any entity on our behalf has provided EMD by

way of Bank Guarantee (as per format provided herein), the EMD shall be released only

and when the full payment of the entire sale consideration (plus interest, applicable taxes and

other costs as determined by the Liquidator) is made by the Successful Bidder to the

Liquidator.

5. I / We further understand and agree that if any of the statement / information revealed by me

/ us is found to be incorrect and / or untrue, the Bid submitted by me / us is liable to be

cancelled and in such case, the EMD and any monies paid by me / us is liable to be

forfeited by the Liquidator and the Liquidator in his discretion may cancel and rescind the

Sale / LOI issued in our favour at any point of time.

6. I / We also agree that after my /our offer given in my /our Bid in relation to the sale of the

Company as contemplated under the E-Auction Process Information Document , is accepted

by the Liquidator and if, I / We, fail to accept or act upon the terms and conditions of the

sale or am / are not able to complete the transaction within the time limit specified under

48 | P a g e

the E-Auction Process Information Document or the Liquidation Process Regulations for

any reason whatsoever and /or fail to fulfil any / all the terms and conditions of the E-

Auction and letter of intent, the EMD, and other monies paid by me / us along with the form

and thereafter, are liable to be forfeited . The timeline for payment of final sale consideration

may be extended by sole discretion of Liquidator and as per the Liquidation Process

Regulations, to the extent permissible under the Applicable Law(s). In case final sale

consideration is not paid within timeline stated in the Liquidation Process Regulations, the

Liquidator shall forfeit EMD or the Bank Guarantee.

7. I / We agree that after my /our offer given in my /our Bid in relation to the sale of the

Company as contemplated under the E-Auction Process Information Document, I/We shall

not make any attempt to cancel/negotiate/withdraw our Bid at any time for any reason

whatsoever. In the event, I/we cancel/negotiate/withdraw or attempt to do the aforesaid, the

EMD and any other amounts paid by us shall be forfeited and we shall not be entitled to a

refund of the same. We acknowledge that the Liquidator in his discretion may cancel and

rescind the LOI issued in our favour in such a circumstance as specified in the E-Auction

Process Information Document.

8. I / We understand that the EMD of submitted by us shall be retained by the Liquidator and

returned only in accordance with the terms of the E-Auction Process Document. I / We, state

that I / We, have fully understood the terms and conditions therein and agree to be bound by

the same.

9. I/we confirm that if we are declared as the Successful Bidder, we shall (i) submit the duly

executed copy of the LOI to the Liquidator as per the terms of the E-Auction Process

Document; (ii) make the payment as specified in LOI (plus applicable taxes) within of the

time stipulated in LOI.

10. I / We confirm that our participation in the E-Auction Process, submission of Bid or the sale

of the Company, pursuant to the provisions of the E-Auction Process Information Document

will not conflict with, or result in a breach of, or constitute a default under (i) our

constitutional documents; or (ii) any Applicable Law; or (iii) any authorization or

approval of any government agency or body; or (iv) any judgement, order, injunction,

decree, or ruling of any court or governmental authority, domestic or foreign binding on me /

us; or (v) any agreement to which I am / we are a party or by which I am / We are bound.

11. I/We understand that I/We shall be responsible for fully satisfying ourselves with the

requirements of the IBC and the related regulations as well as all Applicable Law(s) that are

relevant for the E-Auction Process. I/We shall be responsible for obtaining requisite

regulatory or statutory or third-party approvals, no-objections, permission or consents, if any,

that are or may be required under Applicable Law(s) for consummation of sale of Company

on going concern basis in accordance with the provisions of IBC and Liquidation Process

Regulations.

12. The decision taken by the Liquidator with respect to the selection of the Successful Bidder

and communicated to us shall be binding on me/us.

13. I/We also undertake to abide by the additional conditions if announced during the e-auction

including any announcement(s) on correction of and / or additions or deletions to the time of

auction portal being offered for sale.

49 | P a g e

14. I/We confirm that the Liquidator and his employees, shall not be liable and responsible in any

manner whatsoever for my/our failure to access and Bid on the E-Auction portal due to any

unforeseen circumstances etc. before or during the E-Auction event.

15. I/We hereby confirm that I/We shall bear the applicable stamp duties/ additional stamp duty /

transfer charges, fee, taxes, Good and Services Tax, license and approvals transfer fees etc.

and also all the statutory/ non statutory dues, taxes, rates assessment charges fees etc. owing

to anybody.

16. I/We hereby confirm that we shall be solely responsible for obtaining and carrying out

necessary actions and obtaining necessary approvals in order to effectuate fully the

purposes, terms and conditions of the sale of Assets of the Company as per the terms of this

E-Auction Process Document, including but not limited to, obtaining or renewing any

license, consent, certificate, permit or other authorization, including procuring all necessary

approvals from Persons, governmental and statutory authorities, if any, as may be required.

The Liquidator shall in no way be held responsible nor shall there be any reduction in the

Bid price/sale consideration as per the e-auction in case the of failure or delays on the part

of the Successful Bidder to obtain the said approvals, licenses and permissions in its

name or complete any other actions as the Successful Bidder may require.

17. I/we confirm and acknowledge that I/we have understood that the auctions under the

1 0 Blocks (i.e. Block A, Block B, Block C, Block D, Block E, Block F, Block G, Block H,

Block I and Block J) are being conducted in the interest of time. By participating in this E-

Auction, I/We further agree and understand that

a. In case there is at-least one Eligible Bidder for Block A, the e-auction of all other blocks will

stand cancelled and EMD received for all other Blocks, if any, will be returned to the

respective bidders;

b. In case, there is no eligible bidder for Block A and there is at-least one Eligible Bidder for

Block B, e-auction of Block C and Block D will stand cancelled and EMD received, if any,

will be returned to the respective bidders.

c. In case, there is no eligible bidder for Block A and there is at-least one Eligible Bidder for

Block G, e-auction of Block H and Block I will stand cancelled and EMD received, if any, will

be returned to the respective bidders.

In case, the bidding is cancelled for any block(s), the eligible Bidders for those block(s) shall

be informed about the cancellation and all such Bidders shall have an option to revise their

expression and participate in the bidding for Block A / Block B / Block G as the case may be,

provided they confirm the same in writing to the Liquidator and pay the balance EMD, if any.

The Bidder who decides to participate in the bid by way of revising/upgrading his bid for

Block A/ Block B/Block G, shall have to confirm his intention and submit the balance EMD

within 3 (three) days from the date of receipt of information about cancellation of bids from

the Liquidator or by May 20th, 2021 whichever is earlier. However, no fresh EMD shall be

entertained after 17th May 2021 i.e. last date for submission of EMD.

50 | P a g e

18. I/We hereby confirm that I/we are eligible to submit our Bid in relation to sale of the assets

of the Company under Section 29A of the Insolvency and Bankruptcy Code, 2016 read with

subsequent amendments thereto.

19. The capitalized terms not defined in this Bid Declaration Form and phrase “sale of the

Company” shall have the same meaning as ascribed to it in the E-Auction Process

Information Document .

(Signature with SEAL)

Name: __________

Address: _________

Email :_________

Mobile:________

51 | P a g e

ANNEXURE IV

TECHNICAL TERMS & CONDITIONS OF E- AUCTION SALE

1. Intending bidders shall have a valid e-mail ID, valid PAN Card and know your customer

documents to register with the E - Auction Service Provider.

2. Intending Bidders have to register themselves with the E-Auction Service Provider.

3. Only upon verification of the online form and confirmation of remittance of EMD will the

Eligible Bidders be declared and thereafter, permitted to access the Platform for bidding for

the particular property.

4. The Bidder shall be solely responsible for all consequences arising out of the Bid submitted

by him (including any wrongful bidding) and no complaint/ representation will be entertained

in this regard by the agency/ the Liquidator. Hence, Bidders are cautioned to be careful to

check their bid amount(s) and alter/rectify their Bid if required before confirming the Bid

submitted.

5. Bidders should not disclose their User ID as well as password and other material information

relating to the bidding to anyone to safeguard its secrecy.

6. Bidders are advised to change the password immediately on receipt thereof.

7. The Affidavit and Undertaking and Bid Declaration Form by the Bidders as per the formats

substantially provided in Annexure I and III respectively of the E- Auction Process

Information Document be executed by the Bidders in accordance with Applicable Law(s)

and it must be in issued in accordance with the constitutional documents of the Bidder, if

applicable, after obtaining all corporate approvals as may be required. The extract of

constitutional documents and certified copies of the corporate approvals must be enclosed

with the Bid Declaration Form by the Bidders. In case of Bidder being an individual, the

declaration must be personally signed by the Bidder. In case the Bidder is not an individual,

the declaration must be signed by a person who is in full time employment of the Bidder and

duly authorized to sign the same.

8. All the aforementioned documents are required to be submitted online and the original

physical copies thereof shall be provided by the Successful Bidder to the Liquidator in

accordance with the E- Auction Process Information Document.

9. All Bid(s) placed are legally valid bids and are to be considered as bids from the Bidder

himself. Once the Bid is placed, the Bidder cannot reduce or withdraw the Bid for whatever

reason. If done so, the EMD deposited by the Bidder shall be forfeited.

10. Subject to the clause 17 of the Bid Declaration Form, the highest Bid on the E-Auction date

shall supersede all the previous bids of the respective Bidders. The Bidder with the highest

offer/ bid does not get any right to demand for acceptance of his Bid.

11. After the conclusion of the E-Auction of the Company, the Successful Bidder shall be

informed through a message generated automatically by the portal, of the outcome of

52 | P a g e

the E-Auction. A separate intimation shall also be sent to the Successful Bidder. The date of

sending of the e-mail intimating the Successful Bidder shall be considered as the date of

receipt of the Intimation i.e. date of intimation.

12. Bidders may encounter certain unforeseen problems such as time lag, heavy traffic, and

system/ power failure at the Bidder's end. To avoid losing out on bidding because of above-

mentioned reasons, it is advised not to wait for the last moment.

53 | P a g e

Annexure V

CONFIDENTIALITY UNDERTAKING

(on stamp paper)

This Confidentiality Undertaking has been signed by (Name of Potential Bidders) having its office at

acting through Mr. (Name of person authorised by potential Bidder(s)), the authorized

signatory/authorized representative (“Bidder”), which expression shall, unless repugnant to the context,

be deemed to include its successors, assigns or legal representative) in favour of Mr. Rohit Sehgal, an

Insolvency Professional having registration no. IBBI/IPA-001/ IP-P00528/2017-18/10953.

WHEREAS M/s Shri Lakshmi Cotsyn Limited – in Liquidation, a company registered under

Companies, Act, 1956 (thereafter referred as the “Company”) is undergoing liquidation vide NCLT

Allahabad Bench (“NCLT”) order dated 1st July 2020. Vide the said NCLT Order Mr. Rohit Sehgal, a

registered insolvency professional with Insolvency and Bankruptcy Board of India (IBBI) having

registration number IBBI/IPA-001/ IP-P00528/2017-18/10953 has been appointed as liquidator to

manage, protect, sell and liquidate the property, assets, business and other affairs of Shri Lakshmi

Cotsyn Limited (in liquidation) (“Liquidator”).

WHEREAS the Liquidator has invited prospective Bidders for the purpose of submission of Bid through

E-Auction Process in respect of sale of the Company in accordance with the provisions of E-Auction

Process Information Document and provisions of Insolvency and Bankruptcy Code, 2016 (“IBC”) read

with the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016

(“Liquidation Process Regulations”).

WHEREAS the Liquidator is required to share certain data, documents in relation to the Company for

facilitating the prospective Bidder(s) in their due diligence after receiving an undertaking from each of

the potential Bidder(s) to the effect that such member shall maintain confidentiality of the information

received from the data room and during the course of due diligence and shall not use such information

to cause an undue gain or undue loss to itself or any other person and comply with the requirements

under IBC and Liquidation Process Regulations.

THEREFORE, the Bidder (s) hereby declare(s) and undertake(s) as follows:

1. The Bidder(s) shall not divulge any part of the information memorandum and information contained

accessed through the Data Room which shall mean the virtual data room maintained by the

Liquidator, created for the Eligible Bidders to access information in relation to the Company or any

other data shared by the Liquidator, through oral or written communication or through any mode to

anyone and the same shall constitute “Confidential Information”. Any information or documents

generated or derived by the recipients of Confidential Information that contains, reflects or is

derived from any Confidential Information shall also be deemed as Confidential Information.

2. The Bidder (s) further unconditionally and irrevocably undertake and declare that:

a) the Confidential Information shall be kept secret and confidential by the Bidder (s) and shall be

used solely in accordance with the terms of the IBC;

b) the Bidder(s) shall not use the Confidential Information to cause any undue gain or undue loss to

itself, the Company, Liquidator or any other person;

54 | P a g e

c) the Bidder(s) shall comply with all provisions of Applicable Law(s) for the time being in force

relating to confidentiality and insider trading;

d) the Bidder (s) shall protect any intellectual property of the Company which it may have access to;

e) the Confidential Information may only be disclosed to and shared with any employees or its

advisors by the Bidder(s), in accordance with Applicable Law(s), including in relation to

confidentiality and insider trading, and terms of this Confidentiality Undertaking on a strict need-

to-know basis and only to the extent necessary for and in relation to the liquidation process of the

Company, provided that the Bidder binds such employees and third parties, by way of an

undertaking/ agreements, to terms at least as restrictive as those stated in this Confidentiality

Undertaking.

f) the Bidder(s) shall ensure that all Confidential Information is kept safe and secured at all times and

is protected from unauthorised access, use, dissemination, copying, any theft or leakage;

g) the Bidder(s) shall immediately destroy and permanently erase all Confidential Information upon

the completion of sale of the Company as provided under E- Auction Process Information

Document E-Auction Process Information Document and the Liquidation Process Regulations;

h) the Bidder(s) shall take all necessary steps to safeguard the privacy and confidentiality of

the information received through the access of the Data Room and shall use its best endeavours to

secure that no person acting on its behalf divulges or discloses or uses any part of the Confidential

Information, including but not limited to the financial position of the Company, all information

related to disputes by or against the Company and other matter pertaining to the Company; and

i) the Bidder(s) shall be responsible for any breach of obligations under this confidentiality

undertaking (including any breach of confidentiality obligations by any employee or advisor or

agent or director of the Bidder) and shall indemnify the Liquidator for any loss, damages, expenses

and costs incurred by the Liquidator due to such breach of such obligations by the Bidder (s) or any

person acting on its behalf.

3. Notwithstanding anything to the contrary contained herein, the following information shall

a) information which, at the time of disclosure to the Bidder(s) was already in the public domain

without violation of any provisions of Applicable Law(s); or

b) information which, after disclosure to the Bidder(s) becomes publicly available and accessible

without violation of Applicable Law(s) or a breach of this Confidentiality Undertaking; or

c) information which was, lawfully and without any breach of this Confidentiality Undertaking,

in the possession of the Bidder (s) prior to its disclosure, as evidenced by the records of the

Bidder(s).

4. The Bidder(s) hereby expressly agrees and acknowledges that the Liquidator makes no

representation, warranty or inducement, whether express or implied, as to the accuracy,

completeness, authenticity or adequacy of the information (including but not limited to the

Confidential Information) provided to the Bidder(s) in the E-Auction Process Information

Document / Information Memorandum and Information in the Data Room. The Bidder(s) further

agrees and acknowledges that the Liquidator shall not be liable to the Bidder(s) for any damage

arising in any way out of the use of the Confidential Information and further that the Bidder(s) shall

not have any claim against the Liquidator or the Company in relation to any information provided.

55 | P a g e

5. The terms of this Confidentiality Undertaking may be modified or waived only by a separate

instrument in writing signed by the Bidder(s) and the Liquidator that expressly modifies or waives

any such term.

6. Damages may not be an adequate remedy for a breach of this Confidentiality Undertaking and either

party may be entitled to the remedies of injunction, specific performance and other equitable relief

for a threatened or actual breach of this Confidentiality Undertaking.

7. Nothing in this Confidentiality Undertaking shall have the effect of limiting or restricting the

liability of the Bidder(s) arising as a result of its fraud or willful default as defined under Applicable

Law(s).

8. The undersigned hereby represents and warrants that it has the requisite power and authority to

execute, deliver and perform its obligations under this Confidentiality Undertaking.

This Confidentiality Undertaking and any dispute, claim or obligation arising out of or about it

shall be governed by and construed in accordance with Indian laws and the courts and tribunal

of Delhi shall have exclusive jurisdiction over matters arising out of or relating to this

Confidentiality Undertaking.

9.

10. Capitalised terms not defined under this Confidentiality Undertaking shall have the same meaning

as provided in the E-Auction Process Information Document.

I further declare that I, the undersigned have full knowledge of the contents provided in this undertaking

and have absolute authority to sign this undertaking on behalf of [insert the name of the Bidder (s)].

Signed on behalf of

(Name of Bidder(s))

by Mr. (Name and Designation) Authorised Signatory

Date: Place:

Note- In case of consortium, undertaking to be executed by each of the members

56 | P a g e

ANNEXURE VI –DETAILS OF ASSETS

1. Abhaypur Unit

a) Land

The unit comprises of total Freehold Land measuring “61.96 Acres” and Building located at

Kanpur to Fatehpur Highway, Village Fatehpur, Ashifpur & Kaudia, Tehsil Bindaki, Distt.

Fatehpur, Uttar Pradesh.

Description of land

Sr.

No

Description Total Area

in Sq. mtr

Land

Land with site development

Kanpur to Fatehpur Highway, Village Fatehpur, Ashifpur & Kaudia,

Tehsil Bindaki, Distt. Fatehpur, Uttar Pradesh.

250,743.22 sq. mtr. of freehold land

250,743.22

b) Building

S. No.

Particulars Type of Construction

Area (in Sq.Ft.)

1 Area for Finished Goods RCC 23496

2 Canteen RCC 3136

3 Yarn Godown RCC 26004

4 Guard Room RCC 100

5 Service Area PEB 6090

6 Ladies Toilet RCC 231

7 Gents Toilet RCC 231

8 Size Kitchen Area PEB 8750

9 Yarn Storage PEB 27263

10 Warping Area PEB 55322

11 Service Area PEB 522

12 Gents Toilet RCC 231

13 Ladies Toilet RCC 231

14 Sizing Department PEB 41400

15 Size beam storage & drawing in

area PEB 980

16 Grey Folding PEB 48114

17 Ladies Toilet RCC 231

18 Gents Toilet RCC 231

19 Weaving Shed PEB + False

Ceiling

93150

20 Gents Toilet RCC 231

21 Ladies Toilet RCC 231

57 | P a g e

22 A.C Station-1 PEB 4095

23 A.C Station-2 PEB 3045

24 Dyes & Chemical Store RCC 1715

25 Dyes & Chemical Store RCC 3045

26 Ladies Toilet RCC 231

27 Gents Toilet RCC 231

28 Printing Colour & Studio PEB 2800

29 Process Hall PEB 110656

30 Service Area (Printing) PEB 6510

31 Service Area (Printing) PEB 2800

32 Despatch Area RCC 4620

33 Gents Toilet RCC 504

34 Ladies Toilet RCC 504

35 Store RCC 425

36 Storage Area RCC 26600

37 Made Up Area RCC 26796

38 Fabrics Rolls Storage RCC 24000

39 Gents Toilet RCC 504

40 Ladies Toilet RCC 504

41 Crèche RCC 408

42 Administrative – Building RCC 10184

43 Administrative – Building PEB 10184

44 Admin Front Steel

Column

1400

45 Gents Toilet RCC 120

46 Ladies Toilet RCC 120

47 Fire Tender RCC 225

48 Security Office RCC 625

49 Waiting Hall RCC 625

50 Toilet RCC 276.61

51 Compressor ACC 4830

52 Control & Panel Room ACC 3634

53 L.T. Panel Room ACC 2650

54 Transformer- Room-1 ACC 475

55 Transformer- Room-2 ACC 475

56 Transformer- Room-3 ACC 475

57 Transformer- Room-4 ACC 475

58 Transformer- Room-5 ACC 650

59 H.T. Panel Room ACC 1540

60 Hazardous Waste Room ACC 1795

61 Chemical Store RCC 720

62 Chemical Store RCC 720

63 R.O. Room RCC 6014

64 R.O. Room RCC 782.28

65 Off Room RCC 216

66 Filter Area RCC 300

58 | P a g e

c) Machinery & Equipment - Abhaypur

S. No

Description

Make

Model

Year of Manufact

uring

Serial

No. of

Machine

Qty

(Nos.)

1

Sizing Machine

(With Sizing

Kitchen & EOT Crane)

Jupiter

ComtexPvt.

Ltd.

-

-

-

3

2

Sizing Machine (With Sizing Kitchen & EOT Crane)

Prashant

West Point

Pacesetter 2012 - 1

3 Sectional Warping Machine Rabatex

Industries RI 106 Apr-06 85 / 01 1

4

Sectional Warping Machine UKIL

UI - 505SI

Nov-10 13 -366 1

5

Direct Warping Machine UKIL GSSM-100 Nov-12

UDC 1011 -02 1

6

Direct Warping Machine UKIL GSSM-100 Nov-10

UDC 1011 -01 1

7

Direct Warping Machine

Jupiter

Comtex Pvt

Ltd.

- - - 2

8

Cone Winder

Peass

Industrial

Engineers

Ltd

RECO -

DA 2012 2784, 2785 2

9 Soft Package

Winder Machine

Peass

Industrial

Engineers Ltd

RECO -

DA 2006

1792, 1793,

1794, 1797 1

10

Box Trolley (3400

Kl)

71

11

Box Trolley

(1400 Kl)

45

12

Empty Beam Trolley

1

13 Toyota 280 cm 2010 - 55

67 ETP Control Room ACC 847.74

68 Sludge Godown ACC 2154.6

69 Water Tank RCC

70 Chimney RCC

71 Turbine Hall RCC 6240

72 Turbine Hall ACC 6240

73 Water Tank Office Area RCC 6983

74 Baggase Shed ACC 18133

75 Water Tank RCC

76 ETP Civil Construction RCC

77 Other Misc. Construction RCC

Total 646277.23

59 | P a g e

Air Jet Loom Textile

Machinery

14 Air Jet Loom

Toyota

Textile

Machinery

340 cm Dec-05

- 17

15 Rapier Loom Smit Textile GS900F - - 36

16 Rapier Loom Smit Textile GS900F - - 12

17 Knotting Machine

3

18 Beam Trolley 7

19

Motor Driven

Electric Fourway

Side Loader

Genkinger-

HUBTEX GYR 2510

- - 1

20

Manual Warp

Beam Lift Truck

1

21 Continuous

Tumbler Dryer

JAUME

ANGLADA

VIÑAS, S.A

TURBAN

G TMS

- - 2

22 Rope Opener

JAUME

ANGLADA

VIÑAS, S.A

AC - 3.2 07-07-

2010 AC090104 2

23 Hydro Extractor

Shree

Krishna

Engineering

- - - 2

24 Soft Flow Machine BrazzoliS.p.

A. 2400 Kg - 23230 L

2010 02939 BR, 02935 BR

2

25 Soft Flow Machine BrazzoliS.p.

A. 1600 Kg -

30100 L

2010

02898 BR, 02902 BR

02894 BR , H3292, H3293

5

26 Soft Flow Machine BrazzoliS.p.

A.

Innoflow-

800 Kg 2010

02834 BR, 02850 BR

H 3288 3

27 Soft Flow Machine BrazzoliS.p.

A.

400 Kg-

8630 L 2010 02802BR,

02622BR 1

28 Soft FlowMachine BrazzoliS.p.

A.

50 Kg-

1750 L 2009 02714 BR 1

29 Soft Flow Machine BrazzoliS.p.

A.

25 Kg-

1600 L

2009 02708 BR,

02709 BR

2

30

Sampling Soft

Flow Machine

KEMPL

50 Kg - -

1

31 Hot Air Stenter Anglada Turbang

(Rch- 3.2-

Ap)

- - 2

32 Hot Air Stenter

Harish

Enterprise

Pvt Ltd.

SUPRA-5

DLXi 2006 1523 1

60 | P a g e

33 Shearing Machine Xetma Optima

Xps - 3000 2006 3000937 1

34 Shearing Machine

Mario

Crosta SSC / A 2008

9010 ,

9631 2

35 Shearing Machine

Mario

Crosta

SSC / A 20 2017

36

Digital Printing Machine

Zimmer TR-

Compact

HC

2012 5486T1

1

37 Fabric Inspection Machine

New

Bhagwati

Vijay

Engineering

Works

NB - 102 - - 1

38 Loop Steam Ager

Texfab

Engineers

(I) Pvt Ltd.

2012 - 1

39 Engraver CST GMBH Inkjet Jun-12 DF3535DL

E 12206W 1

40 Automatic Coating

Machine

Unitech-

India

Automatic

Emulsion

Coater

-

- 1

41 Tumbler Dryer

Harish

Enterprise

Pvt Ltd.

- - - 1

42 Washing Range

Texfab

Engineers

(I) Pvt Ltd.

Continuous

Multi

Chamber - - 1

43 Washing Range Krefeld,

Kusters - - - 1

44

High Temperature

Package

Dyeing Machine

Fong's Allwin -

120 2006

31019732, 31019733

2

45

High Temperature

Package Dyeing

Machine

Fong's Allwin -

85 2006

31019734, 31019735

2

46

High Temperature

Package Dyeing

Machine

Fong's Allwin -

70 2006 31019736 1

47

High Temperature

Package Dyeing

Machine

Fong's 66 Kg 2004 29015851 1

48

High Temperature

Package Dyeing

Machine

Fong's 10 Kg 2006 299 1

49

Sample Yarn

Dyeing Machine 2 Kg 1

50 Dyeing Machine Jogson JHPD - 01 Aug-06 XXX 1

51 Dyeing Machine Jogson JHPD - 01,

2008 2

61 | P a g e

JHPD -

020

52 Dyeing Machine

Harish

Enterprise

Pvt Ltd.

250 Kg - 1

53 Dyeing Machine

Harish

Enterprise

Pvt Ltd.

500 Kg - 1

54 Dyeing Machine

Harish

Enterprise

Pvt Ltd.

500 Kg - 1

55 Dyeing Machine

Harish

Enterprise

Pvt Ltd.

500 Kg - 1

56 Dyeing Machine

Harish

Enterprise

Pvt Ltd.

1000 Kg - 1

57 Dyeing Machine

Harish

Enterprise

Pvt Ltd.

1000 Kg - 1

58 Dyeing Machine

Harish

Enterprise

Pvt Ltd.

1000 Kg - 1

59 Sample Yarn Dyeing Machine

5 Kg 1

60 Hydro Extractor Jogson - - - 2

61 Dryer

Suraj

International Revolving

Cone - -

2

62 RF Dryer Lakshmi INSTA

85/14 2006 6077 1

63

Slitter / Rope

Opener

Bianco -

S.P.A (Italy) - 2007-08 159

1

64

EOT Crane

Techno

Industries

Single

Girder

(3000 KG)

- -

1

65

Winch Dyeing

Machine Indigenous - - -

1

66 Batching Machine Indigenous - - -

2

67

Auto Dispensing

System

Copower

Technology

Co. Ltd.

CADS MG

48/00

2011

1119254800 1

1

68

Lab Dyeing

Machine

Data Color AhibaIr

P3850W -

10A045 ,

11G020

2

69 Solution Maker

Copower

Technology

Co. Ltd.

CAMS 90

S 2011 111544905 1

70 Hot Air Oven Innolab,

Ambassador - - - 2

62 | P a g e

71 Length Cutting

Machine Texpa 109 2006 2006/1278 3

72 Length Hemming

Machine

Texpa 116 2010 2006

1273 ,

2010 1440

2

73 Length Hemming Machine

Texpa 116 2006

2006 1273,

2010

1440

10

74 Cross Cut And Hem Machine

Texpa 146 2010 2010 146 5

75 Cross Cut And Hem

Barudan Best IV

1025 - - 7

76 Cross Cut And Hem

Barudan Best V - - 1

77 Cross Cut And Hem

Barudan Best I SJ

1015 - -

2

78 Metal Detector Hashima Co.

Ltd.

HN - 750 G

- 100 - 10707 2

79 Packing Machine Hugo Beck Textil X Nov-11 15 525 1

80 Embroidery

Machine

Amaya EMT16

PLUS - - 9

81 Stretch

Wrapping Machine

Penguin

Engineers Classic 2011 10189 1

82 Material Lift

Bash

Elevators &

Escalators

Private

Limited

2 Ton - - 2

83 Packing And

Folding Machine Magetron PACK 500 2011

11.12.788.

11 1

84 EOT Crane Quicklift 3 Ton

27-01-

2012 275 1

85

Fabric

Inspection System

Almec - - - 2

86 Fabric Inspection System

New

Bhagwati

Vijay

Engineering

Works

- - - 1

87

Screen Printing

Frame Stretching

Machine

- - - - 1

88 Glow Dryer Unitech - - - 1

89 Sewing Machine Juki 1 Needled

Lockstitch

Machine

- - 160

90 Sewing Machine Juki Overlock, Safety

Stitch - - 9

63 | P a g e

Machine

91 Trolley SS Jali 58

92 Trolley Iron Jali 18

93 D G Set Cummins 1500 KVA

2011 T- 01633,

T - 01634 2

94 D G Set Jakson

Limited JSPF - 160 B

07-11- 2011

CJS -

11114072 1

95 Air Compressor Ingersoll

Rand

CCN

17422213

4000

CFM HT Compress

or

13-12- 2010

CC101234

/ H TOK 1

96 Air Compressor Ingersoll

Rand

1465

CFM LT

Compress

or

1

97

Air Compressor

Ingersoll

Rand

SM 250 -

WC 80

CFM LT

Compressor

- 21035126 1

98

Air Dryer

Ingersoll

Rand

6000

Kl/hr 2010 -

1

99

Air Dryer

Ingersoll

Rand

D3600IN - N -

3600

Kl/hr

2010 08A.360

0.G 0.10B7

1

100

Cooling Tower

Paharpur

Cooling

Towers

Limited

400 TR - - 1

101

Humidification

Plant

0.5 Lacs CMH 1

102

Air Recieving

Tank

- 10 M^3 - - 1

103 Lathe Machine - - - - 1

104 Air Compressor

Kaeser

DSD 172 T

607 CFM

LT Compressor

2012 2

105 Shaper Machine - - - - 1

106 Air Compressor Ingersoll

Rand

SSR MH- 75

380 CFM - - 1

107

E.T.P (Including RO

&Softner Plant)

Hyper

FilterationPvt.

Ltd.

6000 KLD - - 1

108 Ph Meter Eutech

Instruments

CyberScan pH 510 - - 1

64 | P a g e

Pte Ltd.

109

Conductivity

Meter

Eutech

Instruments

Pte Ltd.

CON 700 - - 1

110 Turbidity Meter Eutech

Instruments

Pte Ltd.

TN 100 - - 1

111 Hot Plate Indigenous - - - 1

112 COD Digester Indigenous - - - 1

113

Electric Oven Ambassador - - -

1

114

Muffle Furnace Ambassador

Rectangular

type - -

1

115

Bod Incubator Ambassador Universal

type - -

1

116 Moisture Meter

Advance

Research

Instruments

Company

M3A - 212050 1

117 Magnetic Stirrer Remi 2 mlh - -

1

118 Spectrophotom

eter Systronics

Visiscan Type : 167

1

119 Analytical

Balance Citizen

Semi Micro Balance - CX 220

120 Transformer Kirloskar 2.5 MVA - - 4

121 Transformer 2.0 MVA

122 Transformer Kirloskar 5 MVA - - 1

123 Transformer 0.5 MVA

124 Thermo Pack

Boiler

- 40 Lacs Kcal/Hr - - 1

125 Boiler with

Electrostatic

Precipitator

Thermax

50 TPH Pressure-

67 Kg/Cm2

Type-AFBC

- - 1

126

Boiler with

Electrostatic

Precipitator

Thermax

30 TPH Pressure

-10.5

Kg/Cm2 Type- FBC

- -

1

127 Steam Turbine Triveni 8 MW - - 1

128 Cooling Tower

Paharpur

Cooling

Towers

3000 TR - - 1

65 | P a g e

Limited

129 EOT Crane Quick lift 16 Ton - - 1

130 Husk Yard, Coal &

Ash Handling

1

131 Tractor John Deere 5310 - - 1

132 Tipper Tata LPK 1618 27-Nov-12

MAT449022

C3FXXXXX

1

133 Mobile Crane

Action

Construction

Equipment

Ltd.

12XW 2010 ACE201356 0

1

134 Forklift Truck

Action

Construction

Equipment

Ltd.

AF 30D Jun-12 F41206026

0 7V 1

135 Diesel Forklift Godrej GX 300 D 2012 36233 1

136 Diesel Forklift Godrej GX 500 D SB 2010 60808 1

137

Back Hoe Loader AX-130

1

138

High Rise Ladder

Allied - - -

1

139 Twist Tester Innolab - - - 1

140 Yarn Appearance Board Winder

Innolab - - - 1

141 Conditioning

Chamber -

- - - 1

142 Tensile Strength

Tester V Gotech Single

Yarn - - 1

143

Spectrophotom

eter

Advanced

Graphic

Systems

X - rite - 470115511

1 1

144 Color Matching

Cabinet

- - 3

145 Tumble Dryer FABCARE - - 2063 1

146 Tumble Dryer 1

147 Washing Fastness

Tester Innolab Innowash - - 1

148

Washing Machine

1

149 Perspirometer - - - - 1

150 Ph Meter 1

151 Hot Plate 1

152 Hot Air Oven 1

66 | P a g e

153 GSM Cutter - - - - 1

154 Crockmeter - Rotary,

Digicrock - - 2

155 Tearing Strength

Tester Innolab - - - 1

156 Drop Tester Innolab - - - 1

157 Electronic

Weighing Balance 3

158

Digital Bursting Strength Tester V Gotech - - - 1

159

Yarn Tension Meter

160 Vertical

Flammability Tester

Innolab - Sep-12 01, 02 2

161 Washing Machine

Whirpool (1

& 2) , IFB

(3)

SDL ATLAS,

Front

Loading

Machine,

TL - SDG

9.5 Kg (2)

- - 5

162 Knitting Machine Knitmesh

Hose

Knitting

Machine

Single

Feeder - ECO

- - 1

163 Weighing Bridge 60 Ton 1

164 Weighing Balance 3 Ton 2

165 Weighing Balance 2 Ton 1

166 Weighing Balance 500 Kg 1

167 Weighing Balance 300 Kg 1

168 Weighing Balance 200 Kg 4

169 Weighing Balance 50 Kg 2

170 Weighing Balance 10 Kg 1

171 Welding Rectifier Speedweld

Regulator

Type

Welding

Machine

300

Amps

- - 1

172

Boiler with

Electrostatic

Precipitator

Thermax,

Thermax En

viro

50 TPH Pressure

-67

Kg/Cm2

Type-

AFBC

1

67 | P a g e

173 Boiler

CBL 30 TPH Pressure-

67 Kg/Cm2

Type-AFBC

1

d) Other Movable Assets

S. No

Description Make Model Qty.

(Nos.)

1 Air conditioner Voltas 2 Ton 29

2 Air conditioner Voltas 1 Ton 5

3 Air conditioner O General/ blue Star

1.5 Ton 4

4 Air conditioner – Vertical Blue Star 3 Ton 7

5 Air conditioner – Vertical Blue Star 3.5 Ton 3

6 Air conditioner – Packaged Hitachi 11.5 Ton 1

7 Air conditioner – Packaged Hitachi 8.5 Ton 1

8 Wooden Table - Manager's Table 303

9 Stool 142

10 Chair 279

11 Bench 59

12 Pallet 1127

13 Air Cooler 17

14 Wooden Almirah 33

15 Iron Almirah 36

16 Rack 22

17 Fire Extinguishers 261

e) Vehicles :

located at villages Abhaypur, Ashifpur & Kaudia, Tehsil Bindaki, Distt. Fatehpur, Uttar

Pradesh. These Vehicles includes 6 LMV cars containing Ritx, winger, swift, maxx

pickup, indigo, Omni,etc. and 4 buses, 1 tipper. Details are as follows:

ABHAYPUR UNIT Vehicles Located At Abhaypur,Ashifpur & Kaudia,Tehsil Bindaki,Distt.Fatehpur,Uttar Pradesh

S.no Descripton Make Model Registration No Date Of Registration

1 Tipper Tata LPK 1618 UP-71-T-2683 November 27, 2012

2 Bus Tata LP 912 Ex UP-71-T-1583 April 12, 2011

3 Bus Tata LP 909 Ex UP-71-B-9109 January 21, 2010

4 LMV Mahindra Max Pick up UK-08-C-0702 January 9, 2009

5 LMV Mahindra Alfa Pick up HR-69-5591 January 9, 2009

6 LMV Maruti Swift Dzire UP-78-CJ-2817 June 7, 2011

7 Bus Tata Winger UP-78-T-1762 May 16, 2012

8 Bus Tata Winger UP-78-T-1761 May 16, 2012

9 LMV Maruti Ritz UP-78-CH-6562 May 5, 2011

10 LMV Tata Indigo UP-78-CQ-0648 February 13, 2012

11 LMV Maruti Omni Cargo UP-78-CN-6268 October 30, 2012

68 | P a g e

2. Malwa Unit – Denim (Alongwith the Housing and Residential Area)

a. Land –

Industrial

The unit comprises of total industrial leasehold Land measuring “46.72 Acres” and

Building Located at Plot No. B 196 to B 202, B 207 to B 213, B 136 to B 144, B 147 to B

155, B 156 to B 175, B 177 to B 195, B 234 to B 335, B 253 to B 260, Malwan Industrial

Area, District Fatehpur, U.P.

Residential/ Housing Area

The unit comprises of total residential leasehold Land measuring “4.65 Acres” and

Building located at Plot No. A 7, A 8, B 35, B 36, B 37, B 38, B 39, B 40, Malwan

Industrial Area, District Fatehpur, Uttar Pradesh

Description of land

Type Description Total Area

in Sq. mtr

Industrial Land

Plot No. B 196 to B 202, B 207 to B 213, B 136 to B 144, B

147 to B 155, B 156 to B 175, B 177 to B 195, B 234 to B

335, B 253 to B 260, Malwan Industrial Area, District

Fatehpur, U.P.

1,89,085

Residential Land

Plot No. A 7, A 8, B 35, B 36, B 37, B 38, B 39, B 40,

Malwan Industrial Area, District Fatehpur, Uttar Pradesh

18,819

b. Building – Industrial

Factory Building

S. No Particulars Type of Area

Construction (Sq. Ft.)

1 Security Room RCC 100

2 Weight bridge Cabin RCC 100

3 H. Plant ACC 1872

4 Block Utility ACC 1342

5 Looms Room ACC 37572

6 H.plant ACC 1872

7 Kitchen Sizing ACC 1548

8 Sizing Room ACC 5981

9 Storage Space ACC 1744

10 L.C.B Room ACC 9888

ACC 8184

11 Ball warper Room ACC 10544

12 Utility Block ACC 3526

13 Rope Dyeing Area ACC 31201

14 Denim Store Area PEB 47244

14A Denim shed PEB 25000

69 | P a g e

14C Denim Shed PEB 5000

15 Utility Block ACC 12248

16 Looms Sect. 1 ACC 26014

17 Looms Sect. 2 ACC 18699

18 Looms Sect. 3 ACC 15518

19 Looms Sect. 4 ACC 10519

20 Gray& Insp. Storage ACC 13712

21 Sizing Room ACC 21641

22 Section Wraping ACC 28334

23 Looms Sect. 1 ACC 26014

24 Yarn Store ACC 7732

25 Chemical Room ACC 7732

26 Looms Room ACC 30962

27 Utility Block ACC 30962

28 Gray Yard ACC 39593

29 Chemical store ACC 13216

30 Entrance RCC 484

31 Smoking Zone RCC 403

32 Staff dining hall RCC 1755

33 Service counter RCC 384

34 Walk in cold Room RCC 113

35 Store RCC 531

36 Kitchen RCC 730

37 Pot wash RCC 484

38 Drinking Water RCC 209

39 General store ACC 9312

40 Office RCC 203

41 Toilet RCC 50

42 Office RCC 247

43 Toilet RCC 59

44 Toilet RCC 59

45 Yarn storage ACC 26582

46 Packing Godown ACC 26671

47 Toilet RCC 372

48 Utility RCC 1070

49 Utility Area RCC 2303

50 Storage area ACC 31853

51

Chemical Store Ele. Panel

room+ Comp Room+ Colour

Kitchen+ lab

RCC 3855

52 Process area ACC 77007

53 Packing Storage Area ACC 11932

54 Packing Area ACC 11932

55 Ladies toilet RCC 156

56 Gents toilet RCC 96

57 Control room ACC 1353

58 Turbine hall ACC 2968

70 | P a g e

59 (a) Boiler shed ACC 3384

59 (b) Boiler Shed ACC 14000

60 Turbine Hall ACC 6600

61 Control Room ACC 336

62 Generator hall ACC 17040

63 Store ACC 2356

64 Electric Room RCC 196

65 Security Room RCC 198

66 Security Room RCC 198

67 Rest Room RCC 240

68 Reception RCC 240

69 Office section RCC 224

70 Admin. Sec. RCC 304

71 Toilet RCC 88

72 Toilet RCC 88

73 Toilet RCC 120

74 Dispensary RCC 872

75 Toilet RCC 25

76 Toilet RCC 35

77 Cretch Room RCC 160

78 personal dep. RCC 688

79 Retail Shop RCC 160

80 Meeting Room RCC 134

81 Waiting Room RCC 396

82 Reception RCC 800

83 Manager RCC 182

84 Sales Pept. RCC 760

85 Manager RCC 80

86 Manager RCC 80

87 Manager RCC 80

88 G.M 4 RCC 114

89 G.M 3 RCC 112

90 G.M 1 RCC 119

91 D.M 2 RCC 119

92 Stationary RCC 48

93 Toilet RCC 28

94 President RCC 224

95 V. President RCC 168

96 Toilet RCC 39

97 Kitchen RCC 38

98 Director RCC 224

99 Toilet RCC 39

100 Director RCC 224

101 Toilet RCC 39

102 Toilet RCC 52

103 P.A room RCC 84

104 C.M.D Room RCC 380

71 | P a g e

105 Toilet RCC 39

106 J.M.D RCC 224

107 Toilet RCC 39

108 Dy. M.D. Room RCC 224

109 Toilet RCC 28

110 Int Auditor RCC 210

111 Int Auditor RCC 210

112 Ladies toilet RCC 106

113 Gents toilet RCC 267

114 Manager RCC 120

115 Bond Room RCC 111

116 Manager RCC 80

117 Manager RCC 80

118 Manager RCC 80

119 Manager RCC 80

120 Manager RCC 80

121 Manager RCC 96

122 Account Dept. RCC 1197

123 Meeting Room RCC 108

124 Bond Room RCC 150

125 Toilet RCC 46

126 Conference Hall RCC 1333

127 Entrance Hall RCC 968

RCC 433

128 Toilet RCC 76

129 Store RCC 167

130 Sample/ Display RCC 687

RCC 534

131 Sample/ Display RCC 383

132 Gents toilet RCC 267

133 Ladies toilet RCC 106

134 Toilet RCC 48

135 Store RCC 144

136 Kitchen RCC 392

137 Care Taker RCC 102

138 Dining Hall RCC 280

139 Toilet RCC 58

140 Guest Room RCC 162

141 Guest Room RCC 224

142 Toilet RCC 40

143 Guest Room RCC 224

144 Toilet RCC 40

145 V.I.P. Guest Room RCC 357

146 Toilet RCC 81

147 Dining Staff RCC 775

148 Gen. Staff Dining Area RCC 1755

149 Service Counter RCC 384

72 | P a g e

150 Kitchen RCC 359

151 Store RCC 531

152 Pantry RCC 342

153 Gents toilet RCC 484

154 Ladies toilet RCC 96

155 Drinking Water RCC 220

156

(A)

Turbine Hall ACC 2968

156 (B) Control room (B) ACC 1353

157 Turbine Office ACC 6600

158 Turbine Office ACC 250

159 R.O. Plant 0

159 Rest Room RCC 120

160 Store RCC 120

161 W.C. RCC 30

162 Bath RCC 30

163 Toilet RCC 59

164 Dir Rest Room RCC 216

165 Rest Room RCC 144

166 Kitchen RCC 120

167 Denim Inspection & Finish

Good area Work Hall

PEB 10950

168 Loom Area Work Shed PEB 23789

169 Utility Area PEB 4015

170 Work hall PEB 7974

171 Compressor Room PEB 9992

172 Shop RCC 1320

173 Shed for Bagasse ACC 32000

174 Mandir House for Pandit,

Hawan Shed

175 Misc. i.e Roads, Boundary

wall, Underground Tanks

878578.74

Factory Building- Year of Construction

Factory Building

S. No Particulars Year of

Construction

1 Security Room 2007

2 Weight bridge Cabin 2007

3 H. Plant 2007

4 Block Utility 2007

5 Looms Room 2007

6 H.plant 2007

7 Kitchen Sizing 2007

8 Sizing Room 2007

9 Storage Space 2007

10 L.C.B Room 2007

73 | P a g e

2007

11 Ball warper Room 2007

12 Utility Block 2007

13 Rope Dyeing Area 2007

14 Denim Store Area 2007

14A Denim shed 2012

14C Denim Shed 2012

15 Utility Block 2005

16 Looms Sect. 1 2005

17 Looms Sect. 2 2005

18 Looms Sect. 3 2005

19 Looms Sect. 4 2005

20 Gray & Insp. Storage 2005

21 Sizing Room 2007

22 Section Warping 2007

23 Looms Sect. 1 2007

24 Yarn Store 2007

25 Chemical Room 2007

26 Looms Room 2007

27 Utility Block 2007

28 Gray Yard 2007

29 Chemical store 2007

30 Entrance 2007

31 Smoking Zone 2007

32 Staff dining hall 2007

33 Service counter 2007

34 Walk in cold Rm 2007

35 Store 2007

36 Kitchen 2007

37 Pot wash 2007

38 Drinking Water 2007

39 General store 2007

40 Office 2007

41 Toilet 2007

42 Office 2007

43 Toilet 2007

44 Toilet 2007

45 Yarn storage 2007

46 Packing Godown 2007

47 Toilet 2007

48 Utility 2007

49 Utility Area 2007

50 Storage area 2007

51 Chemical Store Ele. Panel room+

Comp Room+ Colour Kitchen+ lab

2007

52 Process area 2007

53 Packing Storage Area 2007

74 | P a g e

54 Packing Area 2007

55 Ladies toilet 2007

56 Gents toilet 2007

57 Control room 2007

58 Turbine hall 2007

59 (a) Boiler shed 2007

59 (b) Boiler Shed 2007

60 Turbine Hall 2007

61 Control Room 2007

62 Generator hall 2007

63 Store 2007

64 Electric Room 2007

65 Security Room 2007

66 Security Room 2007

67 Rest Room 2007

68 Reception 2007

69 Office section 2007

70 Admin. Sec. 2007

71 Toilet 2007

72 Toilet 2007

73 Toilet 2005

74 Dispensary 2005

75 Toilet 2005

76 Toilet 2005

77 Cretch Room 2005

78 personal dep. 2005

79 Retail Shop 2005

80 Meeting Room 2005

81 Waiting Room 2005

82 Reception 2005

83 Manager 2005

84 Sales Pept. 2005

85 Manager 2005

86 Manager 2005

87 Manager 2005

88 G.M 4 2005

89 G.M 3 2005

90 G.M 1 2005

91 D.M 2 2005

92 Stationary 2005

93 Toilet 2005

94 President 2005

95 V. President 2005

96 Toilet 2005

97 Kitchen 2005

98 Director 2005

99 Toilet 2005

75 | P a g e

100 Director 2005

101 Toilet 2005

102 Toilet 2005

103 P.A room 2005

104 C.M.D Room 2005

105 Toilet 2005

106 J.M.D 2005

107 Toilet 2005

108 Dy. M.D. Room 2005

109 Toilet 2005

110 Int Auditor 2005

111 Int Auditor 2005

112 Ladies toilet 2005

113 Gents toilet 2005

114 Manager 2005

115 Bond Room 2005

116 Manager 2005

117 Manager 2005

118 Manager 2005

119 Manager 2005

120 Manager 2005

121 Manager 2005

122 Account Dept. 2005

123 Meeting Room 2005

124 Bond Room 2005

125 Toilet 2005

126 Conference Hall 2005

127 Entrance Hall 2007

2007

128 Toilet 2007

129 Store 2007

130 Sample/ Display 2007

2007

131 Sample/ Display 2007

132 Gents toilet 2007

133 Ladies toilet 2007

134 Toilet 2007

135 Store 2007

136 Kitchen 2007

137 Care Taker 2007

138 Dining Hall 2007

139 Toilet 2007

140 Guest Room 2007

141 Guest Room 2007

142 Toilet 2007

143 Guest Room 2007

144 Toilet 2007

76 | P a g e

145 V.I.P. Guest Room 2007

146 Toilet 2007

147 Dining Staff 2007

148 Gen. Satff Dining Area 2007

149 Service Counter 2007

150 Kitchen 2007

151 Store 2007

152 Pantry 2007

153 Gents toilet 2007

154 Ladies toilet 2007

155 Drinking Water 2007

156

(A)

Turbine Hall 2007

156

(B)

Control room (B) 2007

157 Turbine Office 2007

158 Turbine Office 2007

159 R.O. Plant

159 Rest Room 2012

160 Store 2012

161 W.C. 2012

162 Bath 2012

163 Toilet 2012

164 Dir Rest Room 2012

165 Rest Room 2012

166 Kitchen 2012

167 Denim Inspection & Finish Good

area Work Hall

2012

168 Loom Area Work Shed 2012

169 Utility Area 2012

170 Work hall 2012

171 Compressor Room 2012

172 Shop 2013

Residential Area - Building Details

Staff Colony Building

S. No Particulars Type of

Construction

Area

(Sq. ft.)

1 Bachelor Room G.F RCC 6480

2 Bachelor Room F.F. RCC 6480

3 Bachelor Room S.F. RCC 6480

4 1 BHK G.F RCC 10800

5 1 BHK F.F. RCC 10800

6 1 BHK S.F. RCC 10800

7 Worker Colony RCC 13500

8 3 BHK RCC 24480

9 2 BHK (Finished) RCC 28080

77 | P a g e

10 2 BHK (Un-Finished) RCC 18720

11 Misc. Cost

Trasnformer 100 KVA & 500

KVA

Water tank etc.

136620.00

Residential Area - Construction Details

Staff Colony Building

S. No Particulars Year of

Construction

1 Bachelor Room G.F 2006

2 Bachelor Room F.F. 2006

3 Bachelor Room S.F. 2006

4 1 BHK G.F 2006

5 1 BHK F.F. 2006

6 1 BHK S.F. 2006

7 Worker Colony 2006

8 3 BHK 2009

9 2 BHK (Finished) 2009

10 2 BHK (Un-Finished) 2009

11 Misc. Cost 2009

c. Plant & Machinery – Malwa Denim Unit

S. No. Description Make Model

Year of

Manufacturing

Serial

No. of

Machine

Qty.

(Nos.)

1 Singing & Desizing Machine

Parex - Mather 340 CM

2006-07 - 1

2 Pre Treatment Range

Benninger 340 CM

2006-07 - 1

3 Mercerizer Benninger 340 CM 2006-07 - 1

4 Pad Dry Bruckner 320 CM 2006-07 - 1

5 Pad Steam Dyeing Machine

Benninger 320 CM

2006-07 - 1

6

Rotary Printing Machine

J Zimmer

Compact

HC

320 CM

2005

1533T1

1

7 Loop Ager Tex Fab 340 CM 2006-07 - 1

8 Sanforizing Machine

Dhall 300 CM 2006-07 - 1

9 Sanforizing Machine

Dhall 175 CM 2006-07 - 1

10 Calendering Machine

Ramesh

Gurneri 340 CM

2006-07 - 1

11

Hot Air Stenter

Harish

Enterprise

Private

Limited

Supra 5

DLXi 300

CM 7

2006

1146

1

78 | P a g e

Chamber

12

Hot Air Stenter

Bruckner

320 CM 10

Chamber

04-06-2011

657461

1

13

Hot Air Stenter

Harish

Enterprise

Private

Limited

180 CM 6

Chamber

2006

-

1

14

Hot Air Stenter

Harish

Enterpris

e Private

Limited

180 CM 6

Chamber

2006

-

1

15 Jigger Machine

2006-07 - 2

16 Closed Jigger

Machine

2006-07 - 1

17 Jigger Machine

(Wide)

2006-07 - 3

18 Jigger Machine (Narrow)

2006-07 - 2

19 Rotary Printing Machine

Laxmi 200 CM

2012-13 - 1

20 Hydraullic Material Lift

Light Lift 800 Kg

2006-07 - 1

21 Lathe Machine NavAshu -

2006-07 - 1

22 Grinder - -

2006-07 - 1

23 Band Saw NavAshu 1 HP

2006-07 - 1

24 Band Saw NavAshu 1 HP

2006-07 - 1

25 Pedestal Drill Robin 1 HP

2006-07 - 1

26 Shaper Machine NavAshu 1 HP

2006-07 - 1

27 Lathe Machine NavAshu -

2006-07 - 1

28 Hydraullic Punch Press

- -

2006-07 1

29 Forklift Godrej GX 500 2011 1

30 Pallet Truck - -

2006-07 - 2

31 Jet Dyeing Machine

Bhagyare

kha 50 Kg 2008-09 - 86

32 Sewing Machine - -

2008-09 - 6

33 Pad Steam Dyeing Machine

Benninge

r 180 CM 2006-07 - 1

34 Loop Ager Tex Fab 180 CM

2006-07 - 1

35 Pad Dry Tex Fab 180 CM

2006-07 - 1

36

Peaching Machine

Lafer

Microsan s

180 CM

2010

-

1

37

Peaching Machine

Xetma

Optisyste

m XRE24

300 CM

2006 125.0412

/NW3400

1

38 Raising Machine Torres PGP - 125 2001 - 2

79 | P a g e

39 Pallet Truck - - 2006-07 - 1

40 Fabric Inspection Machines

2006-07 7

41

Fabric Pleating Machine

Shree

Laxmi

Engineerin

g &

Moulding

Works

LX-5

2008

1472 &

1478

2

42 Wrapping

Machine

Penguin -

- - 2

43 Fabric Batching

Machine Almac

- 2010-11 - 1

44 Sizing Machine Benninger - 2007 BB 1

45 Sizing Machine Jupiter - 2006-07 - 2

46

Sizing Machine

Karl Mayer

BM-E

2600/100

0

2012

110605-1

&

110606-1

2

47 Sizing Machine Ukil - 2012-13 - 1

48 Direct Warping

Machine

Karl Mayer -

2012-13 - 1

49 Direct Warping

Machine Jupiter - 2012-13 - 1

50 Direct Warping Machine

Benninger - 2008-09 - 1

51 Sectional Warping Machine

Vamatex -

2006-07 - 1

52 Two for One Twister

Vijay

Lakshmi 96 Drums

2006-07 - 3

53 Cheese Winder P S Mettler 96 Drums 2006-07 - 1

54 Winding Machine

P S Mettler 120 Drums

2006-07 - 1

55

Air Jet Loom

Toyota

JAT 710 340 CM

Warp Width

2006-07

-

50

56

Air Jet Loom

Toyota

JAT 710 340 CM

Warp Width

2012-13

55

56

Air Jet Loom

Toyota

JAT 710 210 CM

Warp Width

2012-13

-

16

57

Air Jet Loom

Toyota

JAT 710 190 CM

Warp Width

2012-13

-

81

58

Rapier Loom

Smit

GS 900 Warp

Width 360 CM

2006-07

-

48

59

Rapier Loom

Wanli

Warp

Width 190 CM

2006-07

-

48

80 | P a g e

60

Jacquard Rapier

Looms

Smit

GS 900 Warp

Width 340

CM

2006-07

-

12

61

Forklift

Ace AF50D 5 Ton

2012

F412080

2731

1

62

Hot Air Stenter

Yamuna

6

Chamber 180 CM

2006-07

-

1

63

Denim Wet

Finishing

Machine

Morrison

180 CM

2006-07

-

1

64 Sizing Machine Ukil 180 CM 2012-13 - 1

65 Mercerizer Menzel 180 CM 2012-13 - 1

66

Singing &Desizing

Machine

Dhall

175 CM

2012-13

-

1

67 Air Jet Loom Toyota JAT 710

190 CM

2006-07 - 100

68

Air Jet Loom

Toyota JAT 710

190 CM

2012-13

112

69

Long Chain

Beamer

Karl Mayer

& Griffin TITAN -

1000 LCB

2006-07

-

9

70 Ball Warping

Machine

Karl Mayer

& Griffin -

2008-09 - 2

71 Ball Warping

Machine

Karl Mayer

& Griffin -

2008-09 - 1

72

Indigo Sheet

Dyeing Machine

Plan

Long

Industrial

Company

Limited

D&S 99-

15

2011

-

2

73 Rope Dyeing

Machine

Morrison Capacity:

36 Ropes

2006-07 - 1

74

Direct Warping

Machine

Plan

Long

Industrial

Company

Limited

PL-84

2011

-

2

75 Air Compressor Swan - 2011 - 1

76 Fabric Inspection

Machines

Bhagwati

& Laxmi -

2006 - 5

77 Fabric Inspection Machines

Bhagwati & Laxmi -

2012 - 4

78 Wrapping Machine

Rengeum - 2006-07 - 1

79 Sizing Machine Griffin

180 CM 2006-07 - 1

80 Wet Finishing Machine

Yamuna 180 CM 2012-13 - 1

81

Boiler with Electrostatic Precipitator

Thermax

50 TPH 3798

Kg/Hr

2010

& 2006

-

1

81 | P a g e

82

Boiler with Electrostatic Precipitator

IBL

&Thermax

45 TPH 3798 KG/

Hr

2006

& 2012

-

1

83

Thermopack Thermic Fluid Heater

Thermax

VTIF 40/1 Coal/Pet

Coke/Pad

dy Husk

4000000

KCL/HR

2006

-

1

84

Thermopack

Thermic Fluid

Heater

Thermax VTIF

30/15 Coal/Pad dy Husk 3000000 KCL/HR

2011

-

1

85 Steam Turbine Triveni

Turbines 8 MW

2009 FR13E-

65

1

86 Steam Turbine Triveni

Turbines 7 MW

2011 1

87

Cooling Tower

Paharpur

4750 Cubic

Meters/

Hr

2007

-

1

88

Air Compressor

Chicago

Pneumatic

HN21 215

NP 1182 CFM

2007

N- 617003

2

89

Air Compressor

Atlas Copco

ZR 630

2006

AIF

109406,

AIF

109364,

AIF

109434

3

90

Air Compressor

Ingersoll

Rand

SM 250

WC 1500

CFM

2006

AIF

109406,

AIF

109364,

AIF

109434

3

91

Air Compressor

Ingersoll

Rand

C75MX3/

C1000

1500

CFM

2011 N11-

1697,N1

1-1696

2

92

Air Compressor

Ingersoll

Rand, Atlas

Copco, Elgi

60CFM

2007-08

-

9

93

Transformer

Crompton

Greaves

10 MVA 6.6

KV/33KV

2013-14

-

1

94

Transformer

M&7B

4 MVA 33

KV/433V

2007-08

-

1

95

Transformer

Muskan

Power

3 MVA 6.6

KV/433V

2012-13

-

1

96

Transformer

Melcon

2.5 MVA

6.6

2009-10

-

3

82 | P a g e

KV/433V

97 Transformer

Muskan

Power 2 MVA

2012-13 - 2

98

Transformer

Kirloskar

2 MVA 6.6

KV/433V

2009-10

-

1

99

D G Set

Mitsubishi

Heavy

Industries

Limited

2000 KVA

2011

-

2

100 Caustic

Recovery Plant Korting 12000TP

H

2007-08 - 1

101 Caustic Recovery Plant

Unitop 10000TP H

2012-13 - 1

102 Servo Stabilizer Jindal 1000 KVA

2008-09 - 2

103 Servo Stabilizer - 125 KVA 2008 - 18

104 Servo Stabilizer - 125 KVA 2012 - 19

104 Servo Stabilizer - 300 KVA 2008-09 - 1

105 Servo Stabilizer - 500 KVA 2008-09 - 1

106

ETP & RO Plant

-

ETP -

3000

Cubic

Meter/ Day ro -350 Cubic

Meter/ Hr

2007-08

-

1

107 Sewing Machine Juki - 2007-08 - 173

108 Sewing Machine Juki - 2007-08 - 71

109 Sewing Machine Juki - 2007-08 - 17

110 Sewing Machine Juki - 2007-08 - 18

111 Sewing Machine Juki - 2007-08 - 1

112 Sewing Machine Juki - 2007-08 - 16

113 Sewing Machine Juki - 2007-08 - 5

114 Sewing Machine Juki - 2007-08 - 4

115 Sewing Machine Juki - 2007-08 - 2

116 Sewing Machine Juki - 2007-08 - 2

117 Sewing Machine Juki - 2007-08 - 1

118 Sewing Machine Juki - 2007-08 - 2

119 Sewing Machine Juki - 2007-08 - 2

120 Sewing Machine Juki - 2007-08 - 17

121 Sewing Machine Juki - 2012-13 - 19

83 | P a g e

122 Sewing Machine Juki - 2012-13 - 8

123 Sewing Machine Juki - 2012-13 - 3

124 Sewing Machine Juki - 2012-13 - 6

125 Sewing Machine Juki - 2012-13 - 2

126 Sewing Machine Juki - 2012-13 - 2

127 Sewing Machine Juki - 2012-13 - 1

128 Sewing Machine Kansai - 2012-13 - 3

129 Sewing Machine Juki - 2012-13 - 3

130 Steam Iron

Station

- -

2007-08 - 18

131 Steam Iron

Station

- -

2007-08 - 6

132 Shrink Packaging

Machine

- BS-

4525A

2011 - 2

133 Hydraullic Fusing Machine

- - 2007-08 - 2

134 Metal Detector Machine

- LJZ620 2003 - 2

135 Automatic Flat Stitching Machine

Texpa - 2007-08 - 1

136

Automatic Fitted Stitching Machine

Texpa

-

2007-08

-

1

137 Automatic Pillow Stitching Machine

Kaigo - 2007-08 - 1

138 Straight Knife Fabric Cutter

Detech - 2006-07 - 5

139 Fabric Inspection Machine

- - 2006-07 - 3

140 BOD Incubator - - 2006-07 - 1

141 COD Digester - - 2006-07 - 1

142 Spectro Photo Meter

- - 2006-07 - 1

143 Decicator - - 2006-07 - 1

144 Oven - - 2006-07 - 1

145 Oven - - 2006-07 - 1

146 Digital Twist Tester

Paramount digi Twist 2006-07 - 1

147 Tumble & Pilling Tester

SDL Atlas M227 2006-07 - 1

148 Digital Pilling Tester

Paramount digi Pill

NX

2006-07 - 1

149 Light Fastness Tester

Paramount Xeno Light

2006-07 - 1

150

Martindale

Abrasion cum Pilling Tester

Paramount -

2006-07

-

1

151 Water

Repellency

Tester

- -

2006-07 - 1

84 | P a g e

152 Projection

Microscope Paramount

Projectin o 2006-07 - 1

153 Wear & Abrasion Tester

Paramount Crockmet

er

2006-07 - 1

154 Tearing Strength Tester

Paramount - 2006-07 - 1

155 Electronic Tensile Strength Tester

Kmi -

2006-07 - 1

156 Electronic Tensile Strength Tester

Globetex

Industries 500 Kgs

2006-07

-

1

157 Conditioning Chamber

Globetex

Industries -

2006-07 - 1

158 Uster Tester 3 Uster UT 3 2006-07 - 1

159

Tensile Strength Tester

Paramount

digi Strength

Nx

2006-07

-

1

160 Yarn Appearance Board Winder

Paramount -

2006-07 - 1

161 Yarn Evenness Tester

Paramount - 2006-07 - 1

162 Washing Machine

IFB & Onida - 2006-07 - 2

163 Hot Air Oven Paramount - 2006-07 - 1

164 Muffle Furnace Ambassdor - 2006-07 - 1

165 Flex Tester De-Mattia

Flex Tester -

2006-07 - 1

166 Tumble Dryer Fabcare - 2006-07 - 1

167 Hot Air Oven Mahindra - 2006-07 - 1

168 Drape Tester - - 2006-07 - 1

d. Vehicles located at Malwan Industrial Area, District Fatehpur, Uttar Pradesh. These

Vehicles includes 2 truck, 3 LMV cars, 2 two wheelers, 1 trailor, 1 bus, 1 ambulance, 2

tipper

MALWA Denim UNIT

Vehicles Located At Malwan Industrial Area,District Fatehpur,UP

S.No Description Make Model Registration No Date of

Registration

1 Tipper Tata Dumper (LPK

1618) UP-71-T-1723 May 9, 2012

2 Tipper Tata Dumper (LPK

1618) UP-71-T-1763 May 16, 2012

3 Bus Tata LPT 1612 UP-78-BN-9124 September 3, 2007

4 Truck Mahindra Dl 3200 HR--55-K-1503 February 18, 2010

5 Trailer/

Container Tata LPT 1009 EX2/42 UP-78-BT-8594 October 24, 2020

6 LMV Mahindra Bolero SLX (2WD) UP-71-X-3520 October 2, 2015

7 LMV Maruti Swift DeZire UP--78-BZ-1935 February 23, 2010

85 | P a g e

8 Truck Tata 407 UP-71-T-7633 March 22, 2002

9 LMV Tata Indigo UP-78-CQ-1665 February 17, 2012

10 Ambulence Maruti OMNI UP-78-BT-0664 December 17,

2007

11 Two

Wheeler Hero Honda Splendor UP-78-CJ-7027 July 1, 2011

12 Two

Wheeler Hero Honda CD Deluxe UP-78-CM-4226

November 14, 2011

3. Rewari Bejurg Unit

a) Land :

The unit comprises of total Freehold Land measuring “29.82 Acres” and Building located at

V.P.O Rewari Bujurg, Pargana and Tehsil – Bindki, Distt. Fatehpur (Uttar Pradesh).

Description of land

Description Total Area

in Sq. mtr

Land

Land with site development

Kanpur to Fatehpur Highway, Village Fatehpur, Ashifpur &

Kaudia, Tehsil Bindaki, Distt. Fatehpur, Uttar Pradesh.

1,20,677.26 sq. mtr. of freehold land

1,20,677.26

b) Building

Sr. No. Particulars Type of Construction

Area (Sq. Ft)

1 Shed 1 PEB 322917

2 Shed 2 PEB 161459

3 Electrical equipment Area

(for Genset, electrical panels,

Transformer etc.)

PEB 15000

4 Thermopac shed Tin Shed 10000

5 Misc. structures

U/G tank, internal roads etc.)

Total 509376

c) Machinery & Equipment

S. No

Description

Make

Model Year of

Manufacturing as

observed during site

visit

Qty

(Nos)

1

Calendar, Stretching,

Cooling & winding

Machine

Exalt

(Taiwan)

5.5 Mt

Width

2011 1

2

3 Layer Lamination

Machine with Winding

Unit with Accumulator

Exalt

(Taiwan)

5.5 Mt

Width 2011 1

86 | P a g e

3

4 Layer Lamination

Machine with Winding

Unit with Accumulator

Exalt

(Taiwan)

5.5 Mt

Width

2011 1

4

Inspection & Rolling Mic

New Bhagwati

5.5 Mt Width

2015 1

5

Warping Machine

Karl Mayer (Germany)

2011 2

6

Warp Knitting Machine

Karl Mayer (Germany)

6.3 Mt Width

2011

5

7

Tarpaulin Coating Machine Mikwang

(Korea)

3.2 Mt

Width

2011 1

8

Flocking Machine

Aigle (Italy)

2.0 Mt. Width

2011

1

9

Screen Coating Machine

Hwai Yuh

(Taiwan)

-

2012 1

10

Dip Coating Machine

Jiangsu

(China)

-

2011 1

11 PVC Sheet Making Machine Jwell

(China)

- 2014 1

12 WPC Sheet Making Machine Jwell

(China)

- 2014 1

13

Flock Cutting Machine with

Grinding & Polishing

Machine

Pierret

(Belgium)

-

2014 1

14 Dyeing Plant Rajat

Industries

- 2014 6

15 Flock Dryer Finex - 2014 1

16 Sieving Machine Finex - 2012 2

17 Carbon Coating Line - - 2012 1

18 Small Reactor (High Temp.)/

Big Reactor (Low Temp.)

Rajat

Industries

- 2011 7

19 Air Compressor Ingersoll

Rand

- 2012 1

20 VAM Chiller Broad 2110 KW 2013 2

21 Cooling Tower Paharpur - 2012 1

22 Thermopack Thermic Fluid

Heater Thermotech - 2011

2

23 D G Set Jackson CJ160D5P

160 KV

2011 1

24 Boiler P. P Boilers 12 TPH 2014 1

25 Boiler Cethar Ltd. 70 TPH 2011 1

26 ESP 2013 1

26 Transformer Schenieder 5 MVA 2012 1

27 Transformer Schenieder 3 MVA 2012 4

28 Transformer Schenieder 7.5 MVA 2012 2

29 EOT Crane Quick Lift 5 Ton 2012 3

87 | P a g e

30 Steam Turbine Siemens Ltd. 2011 1

31 ETP Bharat

Textiles

2014 1

32 RO Plant Swastik

Engineering

2014 2

33 DM Plant Swastik

Engineering

2014 1

34 Air Compressor Elgi 2012 1

35 Wooden Work Table - 2012 7

36 Flock Cutting Machine Bergers Cut 120-A 2012 2

37 Sewing Machine Juki DDL 8300

N

2012 3

38 Sewing Machine Juki DDL 8700 -7

2012 164

39 Sewing Machine Dureko PP

Adler

2012 4

40 Sewing Machine Yamato 2012 3

41 Sewing Machine Golden

Wheel

2012 1

42 Sewing Machine Pegasus M752-13 2012 4

43 Sewing Machine Yamato M752-13 2012 1

44 Straight Knife Cloth Cutter 2012 2

45

Triple Roll Mill

Micro

Particle

Engineers

Ltd

HSD 1000

2014 1

46 Contra Mixer Micromines 2012 1

47 Conditioning Chamber 2014 1

48 Bundasman Apparatus 2014 1

49 Digital Air Permeability

Tester

2014 1

50 Water Repellency Tester 2012 1

51 ph meter-101 Deluxe 2012 1

52 Projection Microscope Innolab 2014 1

53 Digital Bursting Strength

Tester

2012 1

54 Flex Tester De-Mattia 2012 1

55 Motorized Crock Meter 2012 1

56 Vertical Flammability Tester 2012 1

57 Washing Fastness Tester 2012 1

58 Hot Air Oven 2012 1

59 Electronic Tensile Tester 2012 1

60 Color Matching Booth 2012 1

61 Tearing Strength Tester 2012 1

88 | P a g e

62

Martindale Abrasion Cum-

Pilling Tester

2012

1

63 Continuous Band Sealer 2012 1

64 Vacuum Packing Machine 2011 1

65 Uv Vis Spectrometer 2011 1

66 G.S.M Cutter 2012 1

67 Weighing Balance 300 Gm 2012 1

4. Malwa 2 – Spinning unit

a) Land –Industrial

The unit comprises of total Leasehold Land measuring “8.52 Acres” and Building located at Plot

No. B16, B17 & B18, UPSIDC Industrial Area, Malwan, District Fatehpur, Uttar Pradesh.

Description of land

Description Total Area

in Sq. mtr

Land

Land with site development

Kanpur to Fatehpur Highway, Village Fatehpur, Ashifpur &

Kaudia, Tehsil Bindaki, Distt. Fatehpur, Uttar Pradesh.

34,490 sq. mtr. of leasehold land

34,490

b) Building Details

Sr.

No.

Particulars Floors Type of Construction Area

(Sq.Ft)

1 Main Factory Shed

(Administration

Block, Main

Machinery Hall,

Finished Good Hall)

Ground

Floor Only

PEB Brick wall with RCC

Columns up to 5 Mt.

height

Galavalium Sheet

roof on steel trusses

with false ceiling

MS fire door

PCC Floor

180900

2 Raw Material

Godown

Ground

Floor Only

Tin

Shed

Brick wall with RCC

Columns up to 5 Mt.

height

25000

Galavaliumroof on

steel trusses

MS door

PCC Floor

3 Humidification Plant Ground &

First Floor

RCC Brick wall with RCC

Columns and RCC

Slab roof

27000

89 | P a g e

4 LT, HT House Ground Floor Tin Shed Brick wall with RCC 5000

Only Columns and Tin

Shed

Roof

PCC Floor

5 Boundary Wall,

Gate,Pump,Overhead

Tanks,Internal

Road, Sumps etc.

Ground

Floor Only

Lum Sum

Basis

c) Machinery & Equipment

S.

No.

Description

Make

Model

Year of

Manufa

ct

uring

Serial

No. of

Machine

Qty.

(Nos.)

1 Bale Plucker LMW LA 23/S - - 1

2 Vario Clean LMW LB 9/2 2012 305 1

3 Unimix LMW LB 7/4 - - 1

4 Flexi Clean LMW LB 5/6 2012 1145 1

5 Flexi Clean LMW LB 5/6 2012 1146 1

6 Deduster

Motor

Lakshmi

Electrical

Drives

Limited

LA 2/1 - - 1

7 Deduster

Motor

Lakshmi

Electrical

Drives

Limited

LA 2/1 - - 1

8 Pre-Cleaner Rieter UNIclean B 10 1

9 Homogeneous

Mixer

Rieter UNImix B 72 - - 1

10 Homogeneous

Mixer

Rieter UNImix B 72/76 - - 1

11 Fine Cleaner Rieter UNIflex B 60 - - 1

12 Fine Cleaner Rieter UNIflex B 60 - - 1

13 Fine Cleaner Rieter UNIflex B 60 - - 1

14 Waste Opener Rieter - - - 1

15 Infrared Spark

Detectors

ARGUS 535 - - 1

16 Metal

Detection

and Diverter

- TTHS

ELGI -

ARGUS

SD - D - 493 1

17 Contaminatio

n Clearer

USTER Jossi Vision

Shield

- - 1

18 Card Rieter C50 - - 18

90 | P a g e

19 Card LMW LC 333 2012 18XX 10

20 Drawframe LMW LD 2 2012 693 1

21 Drawframe LMW LRSB 851-Digital 2012 4754, 4744 2

22 Drawframe Rieter SB 951 - - 5

23 Drawframe Rieter RSB 951 2003 T27080 /

XX

5

24 Lapformer Rieter UNIlap E 5/3 2003 E 081 1

25 Lapformer Rieter UNIlap E 32 2003 40000520

-

186

1

26 Comber Rieter E 7/6 2003 C XXX 6

27 Comber Rieter E 62 2003 40000270

-

1376

3

28 Roving

Frame

/ Speed

Frame

Toyota FL-16

120 Spindle

2003 FL23XX 7

29 Roving

Frame

/ Speed

Frame

Texmaco

Howa

120 Spindle 1997 SD - 26,

SD

- 11

2

30

Ring Frame

(With Auto

Doffing)

Rieter G 30

1008

-

-

21

31

Ring Frame

(With Auto

Doffing)

Rieter G 33

1200

-

-

5

32

Ring Frame

(With Auto

Doffing)

LMW G 5/1

1008 Spindle

1994

4XXX

7

33 Automatic

Winder

Murata 7 - 5 60 Drums

2003 95SX,

97SX

9

34 Card Trützschl

er DK 740

1995 13XX 5

35

Winding

Machine

Schärer,

Schweiter

and

Mettler

AG

FMX

1995

-

1

36

Two for One

Twister

Volkmann

Compact Twister-

VTS 08 (240

Drums for 2

Machine and 260

for the remaining)

-

-

3

37

Yarn

Conditioning

OTIMA

Premium Neo

-

1996

1

91 | P a g e

Machine

38

Automatic

Rotor

Spinning

Machine

Schlafhor

st

Autocoro (ACO

240) 240 Heads

1992 9377, 9727 2

39 Distribution

Transformer

Crompton

Greaves

2.5 MVA, 33

KV/433 V

1994 - 2

40 Humidificati

on Plant &

Waste

Handlling

LUWA

1280000 Cmh

2012

-

1

41 Autoconer Schlafhor

st

Autoconer 238 60

Drums

1994 2288 2

42 Diesel

Forklift

Godrej GX 300 D 2012 36514 1

43 Packing

Machine/

wrapping

Machine

- - - - 1

5. Roorkee Unit-

a) Land -

The unit comprises of total Leasehold Land measuring “1.95 Acres” and Building located at Plot

No. B1 part of Khasra no. 13,15 &16, Dev bhoomi Industrial Area, Village Bantakhedi, District

Roorkee, Uttrakhand.

Description of land

Description Total Area

in Sq. mtr

Industrial Land

Land with site development

Plot No. B1 part of Khasra no. 13,15 &16, Dev bhoomi Industrial

Area, Village Bantakhedi, District Roorkee, Uttrakhand.

7,910 sq. mtr. of leasehold land

7,910

b) Building

Sr.No. Particulars Floors Type of Construction Area

(Sq.Ft)

1 Raw material and Basement RCC Brick wall with RCC 35987

Fabric Cutting section Columns up to 13 ft

height

RCC Roof

92 | P a g e

MS fire door

PCC Floor

2 Main Machinery

Floors (Admin area,

Fabric Washing area,

Stitching Machinery)

Ground Floor

to Second

Floor

RCC Brick wall with RCC

Columns up to 13 ft

height

RCC Roof

MS fire door

PCC Floor

2107961

3 Vacant shed 3rd

Floor Tin

shed

Brick wall with RCC

Columns up to 19.5

ft height RCC Roof

MS fire door PCC

Floor

11880

4 Misc.Construction

(Guard Room, Under

Ground Sump,

Internal

road/walkway,

Boundary wall, MS

Gate)

c) Machinery & Equipments

S.

No.

Description Make Model Year of

Manufact

uring

Serial

No. of Machine

Qty.

(Nos.)

1 Pattern Cutting Machine

Loiva MJ 7300 1

2 Sewing Machine

Juki MEB3200JSKA

2

3 Sewing Machine

Juki AVP875SEB001ZS

Z 5

4 Sewing Machine AMMHS-1-410 /VO72/SC510/AK1

2 2

9

5 Sewing Machine Juki 210EHL2210SZ500 0C/IP400F

6

6 Sewing Machine Juki MHA-P100H 1

7 Pneumatic Collar Turning Machine

Ngai

Shing

NS81P 2

8 Auto Cuff Blocking Machine

Ngai

Shing

NS85P 2

9 Pneumatic Snap

Attaching Machine Ngai

Shing

NS47 7

10 Manual Snap Button

Attach Machine Ngai

Shing

NS 45 1

11 Sewing Machine Kansai B2000C 3

12 Sewing Machine Kansai DFB-1404PSF 5

13 Sewing Machine Loiva MJ3400 4

93 | P a g e

14 Sewing Machine Juki LBH-1790S/MC-

601KSS

5

15 Sewing Machine Juki LK-1903ASS-

301/MC-596KSS

6

16 Sewing Machine Juki LK-1900AHS/MC-

596KSS

8

17 Sewing Machine Juki DDL-8700-

WB/CP170A

166

18 Sewing Machine Juki DDL-8700-

HWB/CP170A 39

19 Sewing Machine Juki DDL-8300 N 3

20 Sewing Machine Juki DLN-6390-7-WOA 8

21 Sewing Machine Juki DLM-5200ND 24

22 Sewing Machine Juki MO6716S-DE4-40H 18

23 Sewing Machine Juki MO6716S-FH6-60H 18

24 Sewing Machine Juki MO-6704S-OE4- 40H

6

25 Sewing Machine Yamato CZ6125- Y5DF/K2/CC4

55

26 Sewing Machine Yamato 5 Thread Overlock Stitching Machine

3

27 INA Hanger System 3

28 Sewing Machine Juki LH 3568SGF-7-

WB/SC- 500/CP160B

45

29 Sewing Machine Juki LH 3528SGF-7-

WB/SC-

500/CP160B

11

30 Sewing Machine Juki MH481U 4

31 Sewing Machine Juki MH380FU 6

32 Sewing Machine Juki MS-1190MF 7

33 Sewing Machine Juki MS-1261F-PF-H 24

34 Sewing Machine Yamato VT2513-156M-34K 2

35 Sewing Machine Yamato VC3711M-156L-

8F/UTA44/CC7

24

36 Sewing Machine Yamato CF2300M-

156M/UTA34C

15

37 Sewing Machine

Yamato

VC2713M-156-

4N/UT A44F

3

94 | P a g e

38 Sewing Machine Yamato CF2303M-156M/EC 5

39 Fusing Press Hashima 450CS 2

40 Fusing Press Hashima HP - 600 2

41 Needle Detector Hashima 1

42 Thread Sucking Machine

Ramson 4

43 Fabric Inspection Machine

Ramson RF01 2

44 Software for Gerber

Plotter & Cad

Designing

Accumark AE-SW 1

45 Digitizer Board Gerber 1

46 Auto Cutter Gerber XLC-7000 2

47 Straight Knife Cutter Eastman 629X

1

48 Band Knife Cutter Eastman EC - 700N 1

49

Automatic Fabric

Spreader Machine

Gerber

XLS-125

3

50 Embroidery Machine Jing

Cheng

12 Heads 2

51 Embroidery Machine

Jing

Cheng

6 Heads 1

52 Embroidery Machine Amaya Single Head 1

53 Embroidery Machine Manual (Single Head) 1

54 Bobbin Braiding Machine

-

2

55 Sewing Machine Glory GL-305 2

56 Sewing Machine Taking TKT- 388 1

57 Sewing Machine Goiyi,

Sewq

SGY 2 -117 1

58 Sewing Machine Taking TK – 652 1

59 Heat Transfer Machine

Impress J 66 2

60 Plastic Stapler Attach Machine

ST- 9000 2

95 | P a g e

61 Rib Cutter 2

62 Trouser Reversing Machine

1

63 Sewing Machine King Sew Trouser Bottom

Hemming Machine

1

64 Sewing Machine Golden

wheel CSL-1720 4

65 Spotting Machine Ramson CL1 3

66 Spotting Machine Ramson CL7 1

67 Spotting Machine Ramson CL4 1

68 Ironing Table Ramson 38

69 Ironing Table Ramson 13

70 Ironing Table Ramson 6

71 Ironing Table Ramson 1Kg mini boiler 5

72 Ironing Table Ramson 1Kg mini boiler 7

73 Ironing Table Ramson 1Kg mini boiler 7

74 Washing Machine Ramson RVW 400

Capacity 400 Kg

2

75 Washing Machine Tonello G1 420LS EV 1 Vol 4200 LT

2008 4787, 4788

2

76 Washing Machine Tolkar TDWE-III

Capactiy 3815 Lt

42080040

21

1

77 Washing Machine Tolkar TDWE-IV

Capacity 4948 Lt

42080070

06

1

78 Tumbler Dryer Ramson RTD150

2

79 Tumbler Dryer Ramson RTD25

Capacity 25 Kg

1

80 Tumbler Dryer Ramson RTD15

Capacity 15 Kg

1

81 Tumbler Dryer Tolkar TDD II

Capacity 4069 Lt

43080020 22,

43080020 21,

43080020 23,

43080020

24

4

82 Hydro Extractor Ramson YLT – 1100 2007 2

83 Hydro Extractor Ramson 1

84 Hydro Extractor Ramson 1

85 Form Finishing - Trouser Topper 8

86 Scrapping Booth - Vertical 7

96 | P a g e

87 Scrapping Booth

Horizontal

8

88 Sand Blasting Machine

Ramson 1

89 Spraying Booth 1

90 Jacket Dummy Ramson 2

91 Air Compressor Atlas

Copco

GA 55

2008

1

92 Air Compressor Ingersoll

Rand UP5-22-7 1

93 Diesel Boiler Thermax 100 KG 1

94 Boiler Cheema 3 TPH 1

95 Transformer 1

96 D G Set Kirloskar 15 KW 1

97 Weighing Machine 30 KG 1

98 Weighing Machine 300 KG 4

99 Weighing Machine 15 KG 1

100 Weighing Machine 1.5 KG 1

101 RO Plant 1

6. Vehicles

These Vehicles are located at 19/ X-1, Krishnapuram, G.T. Road, Kanpur – 7 (U.P.) India

includes Total 10 LMV vehicles including Toyota Innova, Hyundai i20, Honda city, Grand i10,

Accent,. etc. Details are as follows:

Head Office

Vehicles Located At 19/ X-1,Krishnapuram,G.T. Road,Kanpur

S.no Description Make Model Registration No Date Of Registration

1 LMV SsangYong Rexton UP-78-DH-

0051 January 23, 2014

2 LMV General Motors Chevrolet

Cruze

UP-78-CD-

4599 November 15, 2010

3 LMV Toyota Innova UP-78-BS-0918 January 12, 2009

4 LMV Toyota Innova UP-16-AH-

6207 February 13, 2012

5 LMV Honda Honda city UP-78-DX-

6856 May 28, 2015

6 LMV Hyundai I-20 UP-16-Y-0094 September 23, 2009

7 LMV Hyundai I-20 UP-16-AF-

7268 November 19, 2011

8 LMV Hyundai Grand I-10 UP-78-EJ-9663 June 24, 2016

9 LMV Hyundai X-Cent UP-78-DX-

7352 April 4, 2015

10 LMV Maruti Ritz UP-78-CC-

8971 October 23, 2010

97 | P a g e