The Liquidator in Consultation with the Committee members has proposed to sale, the assets of the Corporate Debtor

Sale of Corporate Debtor as a Going Concern along with all assets including Plant & Machinery and Securities & Financial Assets (Excluding investment made in 9% NonCumulative Redeemable Preference Shares and cash/Bank balance over and above Rs 25.00 Lakh

9% Non-Cumulative Redeemable Preference Shares

Not Readily Realisable Assets

Sale of the Corporate Debtor as a going concern. Assets consist of plant and machinery, land & building and financial assets.

A1 Sale of the Corporate Debtor as going Concern B1 Sale of Company as going concern (with Laptop, Printer, Income Tax refunds and other current asset as per the Audited Balance Sheet as on 31.03.2022 except (Trade receivable ?7.85 Crores & Security Deposits ? 13 Crores) B2 Sale of assets (Trade receivable ?7.85 Crores & Security Deposits ? 13 Crores)

Non-agricultural land

Option A: Sale of Assets as Going Concern Option B: Sale of Assets in parcel

Partly Developed Residential Complex in the name and Style of “The Banyaan Apartments” in the Land admeasuring 57487 sq.ft in R.S. No. 132/1, Cad No. 290 bis Patta No 42 in Oulgarate Revenue Village, Village No 35, Outlgaret Municipality, Oulgaret Sub R.D and Puducherry R. D.

Three Groups, viz. Plant & Machinery, Finished Goods and 7 Shops

Manufacturing Unit at Mauza Debhog, J.L No. 149, P.S. Bhabanipur, District Purba Medinipur, Haldia, West Bengal (Area: Leasehold land admeasuring 20.46 acres more or less)

Financial Assets (Debtors, Advances and other financial assets) without the proceeds from the outcome of the avoidance transactions application and 3rd Floor office space of a Apartment namely "Mira Mahal"

Factory Land and Building & Plant and Machinery

Land & Building along with furniture