Company as a whole (as going concern) basis. Company has installed spinning capacity of 86560 spindles at 3 units at Makthal, Burgul and Rajapur and 4th Unit has installed capacity of 150 Lakhs Mts PA for fabric Mfg at Kucherkal. 3 Units are around 50 Km and 4th Unit is 150 Km from Hyderabad airport. Assets are at Telangana

Regulation 37A read with the Regulation 44A of IBBI (Liquidation Process) Regulations, 2016 for assignment/transfer of the Not Readily Realisable Assets (NRRA) as per the sale notice

Sale of the assets of the Corporate debtor as a, “Going Concern” on “As is where is basis”, “As is what is basis”, “Whatever there is basis” and “Without any recourse basis” (without liabilities) as per Regulation 32(e) of the IBBI Liquidation Regulation, 2016.

Plant and Machinery and other movable assets of the under-construction thermal power plant (2 x 600 MW), located at Syama Prasad Mookerjee Port, Kolkata (Erstwhile Kolkata Port Trust (KoPT)

Sale of business of corporate debtor as going concern

Claims filed under Arbitration

Investment in form of Shares held with various Urban co operative Banks

Plant & Machinery including Furniture and Fixtures