Old and Non-Operational, Construction and material handling Equipment, Motor Vehicles (Condemned) and scrap

1. Securities and Financial Assets

Land & Building (Comprising of rights in Joint Development agreements in 3 projects, 2 nearing completion Villas, 1 Memorandum of Understanding and 1 advance for purchase of land)

Order of Hon'ble NCLT for reversal of amount against promoters/directors

Metal Items like Pipes, Streeps, Storage Racks, Plates, Channels, Round Bars and other scrap items in small pieces and shapes, etc around 4000 Kgs

Commercial and Residential properties

Immoveable property-Land

Corporate Debtor as a going Concern

Stock of plant and machinery, inventory, Maruti car accessories and spare parts, office equipments and furniture

Unsorted Mixed Scrap of Pet Bottles 768.74 MTs

The assets are in form of Not Readily Realizable assets. These are applications filed by the Resolution Professional and the Liquidator for recovery of assets. The rights to proceeds of these applications are being offered through this process of seeking proposals from eligible parties. The details of these applications and the process can be sought in the form of Process Information Document from the Liquidator at the email ID given in the publication. The detailed applications and current status shall be shared with the shortisted eligible parties after their EOIs have been evaluated and confirmed by the Liquidator after taking confidentiality undertaking.

Block A: Sale of Assets of Corporate Debtor(Inventories (Spare Parts) )

Factory Leased land and building, plant and machinery (including inventory)

Relief / recovery in Applications filed pursuant to Section 66 of IBC 2016 (Applications pending for adjudication) – Fraudulent Transactions

A] 1,68,003.00 Sq mtrs of Land (including structures therein) being Plot No 587 to 591 & 594 to 598, KIADB Industrial Area, Belur, Dharwad- 580011, Karnataka and B] Investments in Unlisted Equity Shares

plant and machinaries