Trade Receivable, Loans & Advances and Investments in Companies.

Residential Flat No. 401 : 16/05/2022 Residential Falt No. 402: 15/06/2022

Residential Flat No. 401 : 16/05/2022 Residential Falt No. 402: 15/06/2022

Sale of the assets of the Corporate Debtor being land & building and plant & machinery situated at 123, MIA, Industrial Area, Alwar, Rajasthan, as per Regulation 32(b) of Insolvency & Bankruptcy Board of India (Liquidation Process), 2016 under slump sale.

The Liquidator in Consultation with the SCC members has proposed to sale, All the assets of the Corporate Debtor through 3 option scheme.

Lease land & building

1) 7,21,600 equity shares of Rs. 10/- each of Gayatri Agro Industrial Power Limited, Hyderabad (unlisted company) 2) Commercial Flat No.213, admeasuring 1211 square feet at Swapnalok Complex, SD Road, Secunderabad, TS

“Non-Readily Realisable Assets

Movable Assets ( Inventory of Ready Made Garments, Office equipments) and Immovable assets ( Land )

Block A : Plant & Machinery at PSL Daman unit with Vehicles Block B : Scrap Material at PSL Chennai unit Block C: Scrap Material at PSL Jaipur unit Block D: Multiple Vehicles

Land and Building 182.385 Cents

Furniture Fixture and Office Equipment at Worli - 403-405, Sumer Kendra Co-Op Society Ltd,4th Floor, Behind Mahindra Tower, Pandurang Budhkar Marg, Worli Mumbai – 400018 Along-with Inventory, Plant & Machinery and Other Assets at Bhiwandi godown - H NO. 279, Gala No. 108, 109, 110, Block No. 1, Globe Complex, Owali Village, Bhiwandi, Mumbai – 421302 (Details in Sale Process Memorandum)

Sterling SEZ and Infrastructure Limited assets as a whole including its legal entity, brand name and its financial assets.

OPTION A - All the Assets of Corporate Debtor on a going concern basis OPTION B - Factory Land and Building OPTION C - Plant and Machinery

Detail of Assets: 1. Rights of the Liquidator in IA No.5530/2020 [in C.P. No. (IB)-361(PB)/2018] filed before the Hon'ble NCLT, New Delhi, regarding recovery of Cash in hand and imprest amount of Rs. 12,05,798/- from Suspended/Ex-Directors of Corporate Debtor. 2. Rights of the Liquidator in IA No. 5594/2020 [in C.P. No.(IB)-361(PB)/2018] filed before the Hon'ble NCLT, New Delhi, for reversal of fraudulent transaction of Rs. 11,52,000/- and consequently the recovery of Rs.11,52,000/- from an associate company and/or its Directors. 3. Debtors of the Corporate Debtor