Mack Soft Tech Pvt. Ltd.

Transcription

1 Mack Soft Tech Pvt. Ltd. List o f Claim s fro m O p e ra tio n a l C re d itors (Form B) as on 11th A ugust, 2017 U p d a te d t ill 6 th M a rch, 2018 Sr. N o. N a m e o f th e c re d ito r A d d re s s o f th e c re d ito r A m o u n t c la im e d by th e C re d ito rs in Rs. A m o u n t A d m itte d in Rs. Rem arks 1 RRG & Associates C 14, lo w e r Ground Floor, Chirag Enclave, Greater Kailash - 1, New Delhi ,455, ,132, Subject to review 2 Midwood Travels 50 AMI Chand Khand Giri Nagar Kalkaji ,171, ,339, Subject to review 3 Cresco Legal Consultancy FZ - LLC * 4 Mineral! FZE T l- 5F- 70, AC01, Al Hamra Industrial Zone - FZ, Ras Al Khaimah, United Arab Emirates Amenity Centre, 8ui!dmg 1, 10th Floor, 7/E, AL Jazeera AL Hamra, Ras AL Khaimah 27,558, under verification , under verification 5 Minerali Holdings Pvt Ltd. F-5, Maharani Bagh, New Delhi 56,250, under verification T o tal 132,935, ,472,6S8.00 Claim of USD calculated in Rs as per 11th August the USD Note: There is no security interest created for any of the Operational Creditors. F or M a ck Soft Te c h P vt. Ltd. R E S O L U T IO N P R O F E S S I O N A L Reg No. IBBI/1PA-002/IP-N00006/ /10006

2 Mack Soft Tech Pvt. Ltd List of Claims from Financial Creditors (Form C) as on 11th August, 2017 Updated till 6th March, 2018 Sr. Name of the creditor No. 1 Quinn Logistics India Private Limited. Address of the creditor 2nd Floor, SVSKL Mansion, H.no /A/18, Street No 1, Himayat Nagar, Hyderabad claimed by the Creditors in Rs. Admitted in Rs. Security Interest in respect of claim 629,045, ,045, Nil 2 Quinn Finance Unlimited Company * 20 Church View, Cavan, Co Cavan, Ireland 1,889,739, , , Nil 3 Housing Development Finance Corporation Limited HDFC House, , Hyderguda Road, Basheerbagh, Hyderabad ,549, ,983, Details as per Annexure 8 * Total 2,743,334, ,151,609, Note as per Annexure A, B & C F o r M ack Soft Te c h P vt. Ltd. MOHAN LACJA (MOHAN LAC JAW R g S p U W O TTTR O FE S S IO N A L in9!/ip4-w?flp.n00006/ /10006

3 A N N EX U R EA A. Quinn Finance Unlimited Company: Interest on the principal amount aggregating to [NR 37,24.33, has not been taken into account at this stage. This is on account of the fact that in its proof of claim, there are two versions of Debenture Subscription Agreements submitted, however they differ in interest calculation. So the part of the claim Interest amounting to INR ,254.00, is pending for further determination. We are seeking further clarification from Quinn Finance Unlimited Company for the same. Interest on unpaid interest amounting to INR 8,07,26, has not been taken into account at this stage as the interest rate of 18% being claimed on delayed payment on coupon interest by the creditor, is not substantiated by any document as yet. Claimed 1,889, Less: Interest Claimed (Under verification) Admitted (Principal ) 1,436,579, F o r M ack S oft Te c h P vt. Ltd.

4 ANNEXURE B SECURITY DESCRIPTIONS SECURITY DETAILS IN FAVOUR OF HOUSING DEVELOPMENT FINANCE COMPANY LIMITED ( Financial Creditors ) SI. No. Name of the Instrument 1. Agreement Relating to Deposit of Title Deeds dated January 11,2012 Secured Property Mortgage by deposit of title deeds on land measuring an extent of acres in Sy Nos 111/2, 109 & 110 situated at Nanakramguda Village, Serilingampally Mandal, Rang Reddy District. Secured Principal amount of Rs. 75 Crores together with any interest, additional interest, further interest, liquidated damages, commitment charges, premia on prepayment or on redemption, costs, charges, expenses and other monies by Mack Soft Tech Private Limited ( Corporate Debtor ) in terms of the Facility Agreement dated January 11, 2012 and other Transaction Documents. 2. Assignment & Administration Agreement dated January Assignment and Pledge over all the receiva b les d eriv e d from o p era tio n o f the lease/lea ve a n d license aareem en t/s en tered into w ith various O b lis o r s ' as m ore particularly detailed in the Schedule l, in relation to the Q- city property. Principal amount of Rs. 75 Crores together with any interest payable by the Corporate Debtor in terms of the Facility Agreement dated January 11,2012. F o r M a ck Soft Te c h P vt. Lt<l (MOHAN LAL R E S O L U T IO N ^ f ^ O F E S S lo N A L

5 As per Clause 4 (K) of the said Assignment & Administration Agreement dated January 11, 2012, event future receivables arising out of future contracts listed in Schedule I. shall be deemed to be included. The security interest also includes the obligation of the Corporate Debtor to indemnify the Financial Creditor for any payment made or losses suffered by the Financial Creditor. Please refer Clause 1and 4 (a) of the said Assignment & Administration Agreement dated January 11,2012. F o r M ack Soft Taoh Pvt. Ltd. (MOHAN LAL JAINy_ RESOLimON PROFESSIONAL Reo NK1BBI/1PA-002/IP-N00006/ /10006

6 ANN EXURE C Housing Development Finance Corporation Limited Claimed 224, Gross Payable as on ,847, Less: Fixed Deposits Held 54,863, Net Payable as on ,983, F o r M a ck Soft T e c h P vt. Ltd. (MOHAN LAL R E S O L LW O ^' PROFESSIONAL Rpo NoiSBI/IPA-002/lP-N00006/ /10006

7 Mack Soft tech Pvt. Ltd. List of Claims from Employee/Workman (Form D & Form E) as on 11th August, 2017 Updated till 6th March, 2018 Sr. No. Name of the creditor Employee No. claimed by the Creditors in Rs. 1 N. Chandra Shekar Rao (General Manager) MSTPL ,565, Anil Kumar Samineni (CFO) MSTPL ,027, Malathi Marisetti (Manager- Marketing & CS MSTPL , Giribabu Chittiboina (Manager - Finance) MSTPL310S10 601, Thrivikrama Rao Mulagada (Head- Legal & Compliance) MSTPL , Admitted in Rs. Remarks Paid in Full Total * 6,837, Nil * * Note: Claim amount has already been paid in Full by erstwhile RP Mr. Sundaresh Bhat F o r M ack Soft Te ch Pvt. Ltd. (M O HAN L A L JA II R E S O L U T id N ^ O F E S S I O N A L Reg. No"7tf8l/IPA-002/IP-N00006/ /10006

8 Mack Soft Tech Pvt. Ltd List of Claim from Other Than Financial Cerditors and Operating Creditors (Form F) as on 11th August, 2017 Updated till 6th March, 2018 Sr. No. Name of the creditor Address of the creditor claimed by the Creditors in Rs. Admitted in Rs. Remarks 1 Incom e Tax Departm ent Hyderabad O/o Deputy Com m issioner o f Incom etax, C ir c le -16(2), Room No. 224, 2nd Floor, B Block Incom etax Towers, M asabtank, Hyderabad ,800, under verification Total 247,800, Note: The Claim is on account of Notices of demand raised by Income Tax Department on 30th December, 2016 as under: For Assessment Year : For Assessment Year : Total Claimed as Crs 1. On perusal of company records it has come out that the company had filed appeals against the captioned notice with Commissioner of Income Tax(Appeals)which were admitted on 24,h February,2017 under Appeal No. 301 and 304/ /lto,w-16(3)/cit(a)-4/hyd/ Both the appeals have been decided on wherein both the appeals have been partly allowed. 3. With regard to disallowance of claim of Depreciation and expenses credited to the P& l account and disallowance of claim of carry forward business loss, AO was directed to verify the same and allow accordingly. 4. The company has not received final orders from AO thereafter. F o r M a ck Soft Te c h P v t. Ltd.