5.1 Details of Financial Creditors Claims as on September 29, 2017(#) Claims received from Financial Creditors (FC) as on September 29, 2017 (Insolvency Commencement Date) in respect of BSR Diagnostic Limited: Sr.No. Name of the Financial Creditor Amount claimed by the Creditor Estimated Amount of Claim admitted 1 AXIS BANK LIMITED 748,651,374 748,651,374 2 STATE BANK OF INDIA 709,434,474 709,434,474 3 SIEMENS FINANCIAL SERVICE PVT LTD 8,740,328 7,864,407 4 CLIX FINANCE INDIA (GE CAPITAL) 11,130,410 10,972,459 TOTAL 1,477,956,586 1,476,922,714 Rationale as per Regulation 8 of the IBC, 2016 (Verification for claims of Financial creditors) (#) Acceptance of the claim is subject to receipt of certain documents /clarifications from the Financial Creditors in relation to interest, penal charges, agreements, contracts etc. The analysis and findings delineated in this report are specifically subject to information received up to February 08,2018. The same may change subject to any material information received from the creditors affecting the claim amounts. The Resolution Professional had received two claims from VKR Diagnostics in Form C amounting to Rs. 11.75 Crores and 36.00 Lakhs (Approximately) respectively. The Resolution has requested the VKR Diagnostics to submit the revised Claim in Form B as per the provision of the Insolvency and Bankruptcy code 2016. The analysis of claims contained in this report are based on the completeness and accuracy of the information provided by the Creditor. The analysis and findings delineated in this table are specifically based on documents and information submitted by the creditors (subject to further verification of the same). The Resolution Professional had received the claim from Dr. Pradeep Kumar Tripathi in Form C amounting to Rs. 10 lakhs Approximately but Resolution Professional requested Dr. Pradeep Kumar Tripathi to submit the revised claim in Form B as per the provision of the Insolvency and Bankruptcy Code 2016
(#) The list of admitted claims of the financial creditors is subject to further verification of related party status of the claimants as per the provisions of the Insolvency & Bankruptcy Code, 2016. The analysis of claims contained in this report are based on the completeness and accuracy of the information provided by the Creditor. The analysis and findings delineated in this report are specifically based on documents and information submitted by the creditors (subject to further verification of the same). 2
SECURITY DESCRIPTIONS Bank Name Security Details Hypothecated Assets: a. All movable and immovable fixed assets. b. All movable goods and assets. c. All present and future book-debts, outstanding monies, receivables, claim bills, contracts, engagement and securities which are due and owing or may be due and owing to the Company. Axis Bank Limited d. 2nd Charge on the Assets financed by State Bank of India. Mortgaged Assets: a. All that piece and parcel of land and structure thereon at House No. MIG - 202, Padmanabhapur, Durg, Tehsil & Dist - Durg, CG admeasuring 214.50 sq. meter in the name of Shri Surendra Kumar Jain. 3
Bank Name Security Details a. Machines & Equipment situated at different Centres aggregate realizable value Rs.33.69 crores based on valuation report. b. Equitable mortgage of Shop in the name of Dr. M K Khanduja. Realizable value 0.92 crore based on valuation report dated 11 February 2017. Mortgage created on 25 March 2013. State Bank of India c. Equitable mortgage of residential house in the name of Dr. M. K. Khanduja. Realizable value 0.52 crore based on valuation report dated 11 February 2017. Mortgage created on 25 March 2013. d. Equitable mortgage of building in the name of M/s. BSR Diagnostic Ltd. Realizable value 5.01 crore based on valuation report dated 20 July 2016. Mortgage created on 25 March 2013. e. Second charge over the assets financed by Axis Bank. 4
5.2 List of Operational Creditors as on September 29, 2017: Sr. No. Name of Operational Creditor 1 Narendra Kumar Taunk (HUF) * Address 11, commercial complex, nehru nagar (east), bhilai,chhattisgarh 490020 Amount of Claim Estimated Admitted Claim 268,316.00 186,907.00 2 Syma Medical & Dental Surgical * Syma Medical & Dental Surgical,House No.88,Anand Nagar,Raipur(C.G.)-492001 438,881.00 433,144.00 3 Sangeeta Agarwal * Medicine Center,Sector-5,Balco Nagar,korba,Distt-Korba(C.H.) 10,00,000 506,416.50 4 P.N.Agarwal * Medicine Center,Sector-5,Balco Nagar,korba,Distt-Korba(C.H.) 10,00,000 495,371.00 5 Scientific Traders * Plot No.30/162,Tatyapara,Badaipara raod,raipur(c.g.) 4,245,515.00 4,166,036.00 6 M/S Chemex * Junior MIG-12,!st Floor, Housing Board Colony, Kavita Nagar, Behind Anmol Flats, Avanti Vihar, Raipur-4920007 617,065.00 574,840.00 7 Little moon security services * Bari lane, Khatabinsahi,PO- Baxibazar,Cuttack,Odhisha,PIN- 753001 18,830.00 15,701.00 8 Prabhat Telesolutions LLP * 3rd Floor Prabhat Bhavan,LBS Marg,Vikorli-West,Mumbai-400083 401,190.00 171,511.00 9 Swamishree Trading Plot No. 6,W. no.5,tirputi Housing society,adarsh nagar,wadi,nagpur- 440023 713,067.00 713,067.00 5
Sr. No. Name of Operational Creditor Address 10 Rajeev Bhalla * House No.50,Motilal Nehru Nagar(Old),Bhiali-490020(CG) Amount of Claim Estimated Admitted Claim 101,156.00 95,869.00 11 Vinod Medical Systems Pvt. Ltd. C-150,Near watertank,shailendraranga, Raipur- 308,958.00 308,958.00 12 Sai Secuirty Services House no.56,tiranga Chowk,Kanharpuri,Rajnandgaon,(C.G) 63,796.00 63,796.00 13 Rupesh Kumar Namdev * D-11,CHPL Dream Homes,Smirti Nagar,bhilai,Durg,C.G.,490020 583,739.00 120,989.76 14 Carestream Health India Pvt. Ltd. * Carestream Health India Pvt. Ltd., First floor,sunteck Centre,Subash Road, Vile Parle ( E), Mumbai 400057 @ 67428800 3,212,720.56 2,664,326.76 15 Niranjan Ultrosound lndid Pvt Ltd Door No: 34/1 347-4, FIoricon Road, MaIaparamba, Kozhikode,Calicut Kerala, India Pin : 673009 16 Philips India Limited 8th Floor,DLF cyber city,dlf Phase- III,Sector-25,Gurgaon-122002 43,000.00 43,000.00 10,150,404.00 7,808,271.13 Total 21,166,637.56 18,368,204.15 Legends for amount admitted Exchange Rates considered for conversion of claim amount is considered as on September 29,2017 being USD/INR 65.3552, GBP/INR 87.7067, EURO/INR 77.0603 and YEN/INR 58.0300 (RBI Reference Rate). The list of admitted claims of the operational creditors is subject to further verification of related party status of the claimants as per the provisions of the Insolvency & Bankruptcy Code, 2016. 6
*Amount admitted is amount claimed by creditor, however balance appearing in the GL is less than the amount claimed and is subject to verification. Claims from other Five creditors (i.e. Oncquest Laboratories Ltd., Wipro GE Health Care Private Limited, Pathcare labs private Limited, Meridian Medical Research & Hospital Ltd and Mrs. Mangla Naidu) amounting to Rs. 61.84 Lakhs are under determination and the respective operational creditors have been requested to submit relevant documents ascertaining the claims. The list of admitted claims of the financial creditors is subject to further verification of related party status of the claimants as per the provisions of the Insolvency & Bankruptcy Code, 2016. The analysis of claims contained in this report are based on the completeness and accuracy of the information provided by the Creditor. The analysis and findings delineated in this report are specifically based on documents and information submitted by the creditors (subject to further verification of the same). 7
5.3 List of Employees / Workmen Claims as on September 29, 2017: Sr. No. Name of Employee/Workmen Creditor 1. M.V. Mahendra Reddy Address H.NO: 41/1427, Upstairs Amount of Claim Estimated Admitted Claim * Sankarapuram Kapada, Andhra Pradesh Pin 516002 241,179.00 241,179.00 2. Valluri Ravi* F-13, Shanti Apartment, Kachore Patil Nagar, Chinch Bhavan, Wardha 377,700.00 377,700.00 Road, Nagpur (MH) Pin 441108 3. Valluri Tirumala Devi* F-13, Shanti Apartment, Kachore Patil Nagar, Chinch Bhavan, Wardha 294,666.00 294,666.00 Road, Nagpur (MH) Pin 441108 4 Vinod Panigrahi Near Govt Hr Sec School, Asna, Distt- Bastar, C.G. 27,674.00 27,674.00 TOTAL 941,219.00 941,219.00 *These claims are under consideration and the claimant has been requested to submit further relevant documents to ascertain the claim. *Amount admitted is amount claimed by creditor, however balance appearing in the GL is less than the amount claimed and is subject to verification. 8
The list of admitted claims of the financial creditors is subject to further verification of related party status of the claimants as per the provisions of the Insolvency & Bankruptcy Code, 2016. The analysis of claims contained in this report are based on the completeness and accuracy of the information provided by the Creditor. The analysis and findings delineated in this report are specifically based on documents and information submitted by the creditors (subject to further verification of the same). 9