Issue of Auction Notice |
29-04-2024 |
C and C Construction Limited |
30-05-2024 |
Mr. Navneet Kumar Gupta |
|
1,35,00,00,000 |
Block of Assets- 1: ...
Block of Assets- 1: Sale of Corporate Debtor as going concern inclusive of arbitration awards, claims, counter
claims. Includes takeover of all live bank guarantees by the prospective bidder.
OR
Block of Assets- 2: Sale of Plot 70 and Building thereon at Sector 32 Gurugram (Head Office of the
company), Land and Structures at Kathua and Zirakpur sites, Plant and Machineries (including Vehicles)
and Furniture & Fixtures of Corporate Debtor
OR
Block of Assets- 3: Sale of Investments of the Corporate Debtor
OR
Block of Assets- 4: Sale of Arbitrations (including claims and counterclaims), Corporate Legal Entity Name and
Ownership , and other Current Assets of the Corporate Debtor and Live BGs (block 4 does not contain the assets
covered in block 3, Block 2, the Liquidation Bank account, the depository accounts)
Conditions in respect of the above block of assets:
1. If a prospective bidder submits EoI/EMD for Block of Assets- 1, such prospective bidder shall become ineligible
automatically to submit EoI/EMD for other Blocks of Assets (i.e., Block- 2, Block- 3, and Block- 4). However,
there can be one prospective bidder for more than one block with the condition that it should not have block 1
in any case as block 1 remains an exclusive block which cannot be clubbed with any other block.
2. If Liquidator receives EoI/EMD for more than one Block of Assets which includes EoI/EMD for Block of
Assets- 1, the EoI/EMD for Block of Assets- 1 shall be able to participate in the auction for sale as going
concern which shall be a day prior to the date of auction for rest of the assets. The dates of auction shall be
notified separately, further, in case there is successful bid received for going concern sale then, the auction
scheduled on the subsequent date for rest of the blocks (other than going concern) shall not be conducted in
view of success of going concern sale.
**Note: E-auction is scheduled on 2 days for separate block of assets as mentioned below –
30th May 2024: E-auction platform shall be opened for bidding process for Block of Assets- 1.
31st May 2024: E-auction platform shall be opened for bidding process for Block of Assets- 2, Block of Assets-
3, and Block- 4 only if Liquidator does not receive successful bid for Block of Assets- 1 on 30th May 2024
subject to fulfilment of all other conditions relevant for that particular block of assets.
|
26-05-2024 |
|
Issue of Auction Notice |
27-04-2024 |
G S OILS LIMITED |
29-05-2024 |
Mr. Gonugunta Murali |
|
20,25,00,000 |
2. The below list of...
2. The below list of assets alone under sale of the company as a going concern basis:
(Lot -1 as per the sale notice) Company as going concern basis:
The below assets:
a. from property no. 1 to 3 are Land & Building along with Plant & Machinery belongs to the company
b. from property no. 4 to 7 are in the names of the guarantors, the Liquidator will sell plant and machinery alone which belongs to the company (the land is not belonged to company, it’s leased to company, not form part of liquidation estate).
PROPERTY NO.1
Industrial land, factory, plant & machinery and other assets of M/s. G S Oils Ltd., (Wani Unit) lies in Gut No. 88 to the extent of 1.78 Hect.=4.35Acres(Doc.No147/08)Gut No. 80 to the extent of 1.26 Hect. = 3.11 Acres (Doc. No. 148/08) Gut No.89/2 to the extent of 4.06 Hect. = 10.03 Acres (Doc No. 149/08) Total to the extent of 7.08 Hect. = 17.49 Acres Situated at Dhoptala Village, Tahsil – Wani, Yeotmal (Dt.), Maharashtra standing in the name of M/s. G. S. Oils Ltd.
PROPERTY NO.2
Industrial land, building, plant & machinery and other assets of M/s. G S Oils Ltd.(Soya Solvent Unit) in Sy.No.55/C admeasuring 21850.00 sq ft = 2427.70 Sq.yds = 2029.86 Sq mtrs (Doc No. 2325/99) and admeasuring 38697.50 Sq.ft=4300.00 sq.yds=3595.23 sq.mtrs (Doc no.2399/99) situated at Bhoktapur, Adilabad.
PROPERTY NO.3
Industrial open land in Sy.No.115 admeasuring 18000 sqft = 2000 sq.yds = 1672.27 Sq mtrs( situated at Ward No.3, Block No.1, Bhoktapur, Adilabad standing in the name of M/S G.S.Oils Ltd., (Doc. No. 2952/01) .
a. The other properties no.s 4 to 7 given below are in the names of the guarantors, but the Liquidator is selling plant and machinery alonewhich belong to the company(the land is not belong to company which is leased to the company,not form part of liquidation estate).
PROPERTY NO. 4
Only Plant and Machinery situated in Land & Tin shed building in Sy. No. 115, bearing MPL.No.3-1-277/F, adm 133.33 sq.yds/1200.00 Sq.ftson leasehold land situated at Bhoktapur, Adilabad.
PROPERTY NO.5
a) Only Plant and Machinerysituated in (Cotton Ginning, Pressing, De-linter Unit) Sy.No.59/A, 59/A-1 (59/1) corresponding to as per Revenue records Sy No. 59/1, 59/2 and 59/3 admeasuring Acres 6.00 Guntas out of which constructed area is 187371Sq.fton leasehold land situated at Bhoktapur Industrial area, Adilabad.
b) Only Plant and Machinerysituated in (Cotton Ginning, Pressing, De-linter Unit) Sy.No.59/A, 59/A-1 (59/1) corresponding to as per Revenue records Sy No. 59/1, 59/2 and 59/3 admeasuring Acres 3.00 Guntas out of which constructed area is 100313 Sq ft on leasehold landsituated at Bhoktapur Industrial area, Adilabad.
c) Only Plant and Machinerysituated in (Cotton Ginning, Pressing, De-linter Unit) Sy.No.59/A, 59/A-1 (59/1) corresponding to as per Revenue records Sy No. 59/1, 59/2 and 59/3 admeasuring Acres 4.00 Guntas out of which constructed area is 139299 Sq fton leasehold land situated at Bhoktapur Industrial area, Adilabad.
PROPERTY NO.6
a) Only Plant and Machinery situated in Sy.No.64/2/1 admeasuring 2 Acres 62 Centson leasehold land situated at Bhoktapur, Adilabad (Cotton Solvent & Refinery).
b) Only Plant and Machinery situated in Sy.No.64 admeasuring Acres 2.20 Guntas on leasehold landsituated at Bhoktapur, Adilabad (Cotton Solvent & Refinery)
c) Only Plant and Machinerysituated in Sy.No.65/B after mutation the Sy No. 65/4 admeasuring Acre 1.04 Guntas, Industrial open land in Sy.No.64/B after mutation the Sy No. 64/1 admeasuring Acre 2.33 Guntas ,Sy.No.64/B admeasuring 7 guntas ,Sy.No.65/B admeasuring Acre 1.05 Guntason leasehold land situated at Bhuktapur, Adilabad (Cotton Solvent & Refinery).
PROPERTY NO.7
Only Plant and Machinery situated in Sy.No.55/A bearing 07MPLNo.3-1-277/2 (new) 3-1-264/10 (old) admeasuring Acre 1.10 Guntas out of which plinth area of structures 6252.00 Sq fton leasehold land situated at Bhoktapur, Adilabad.
This e-auction is related to only above list of specified assets of the company are selling as a going concern basis. The remaining assets of the company if any then the Liquidator and SCC members will have full right on the properties to sell and distribute as per the Sec 53 of the IBC, 2016. The Liquidator will have right to use the company name for selling of remaining properties and to distribute to the stakeholdersas per the provisions of the IBC, 2016.
Lot -2 as per the sale notice- Land & Building alone: (Land & Building shed)
S.No Property Description
1 PROPERTY NO.1
Industrial land, factory and other assets of M/s. G S Oils Ltd., (Wani Unit) lies in Gut No. 88 to the extent of 1.78 Hect.=4.35Acres(Doc.No147/08)Gut No. 80 to the extent of 1.26 Hect. = 3.11 Acres (Doc. No. 148/08) Gut No.89/2 to the extent of 4.06 Hect. = 10.03 Acres (Doc No. 149/08) Total to the extent of 7.08 Hect. = 17.49 Acres Situated at Dhoptala Village, Tahsil – Wani, Yeotmal (Dt.), Maharashtra standing in the name of M/s. G. S. Oils Ltd.
2 PROPERTY NO.2
Industrial land, building and other assets of M/s. G S Oils Ltd.(Soya Solvent Unit) in Sy.No.55/C admeasuring 21850.00 sq ft = 2427.70 Sq.yds = 2029.86 Sq mtrs (Doc No. 2325/99) and admeasuring 38697.50 Sq.ft=4300.00 sq.yds=3595.23 sq.mtrs (Doc no.2399/99) situated at Bhoktapur, Adilabad.
3 PROPERTY NO.3
Industrial open land in Sy.No.115 admeasuring 18000 sqft = 2000 sq.yds = 1672.27 Sq mtrs( situated at Ward No.3, Block No.1, Bhoktapur, Adilabad standing in the name of M/S Sri Rama Refinery Factory, (Doc. No. 2952/01) .
Lot -3 as per the sale notice -Plant & Machinery alone:
S.No Property Description
1 Property 1: Plant & Machinery at Dhoptala Village, Tahsil – Wani, Yeotmal (Dt.), Maharashtra standing in the name of M/s. G. S. Oils Ltd
2 Property 2: Plant & Machinery at (A Soya Crude Oil Extraction unit situated) at survey no.55/C, Industrial Area, Bhuktapur Village, Adilabad, Telangana, India
3 Property 3:Open land in Survey no.115, Bhuktapur village, Adilabad, Telangana
4 Property 4: Plant & Machinery (A Palm Oil Refinery Unit) situated at Survey no.115, Bhuktapur village, Adilabad, Telangana, India
5 Property 5 (a): Plant & Machinary (A Cotton Delinting & Decorticating unit) situated at Survey no.59/1,59/2, & 59/3, G.S. Nagar, Beside Randheev Nagar Colony, Bhuktapur Village, Adilabad, Telangana, India
Property 5 (b): Plant & Machinary -Bajaj Cotton Ginning & Pressing Unit
Property 5 (c): Jadhav -Cotton Ginning & Pressing Unit
6 Property 6: Plant & Machinery - A Cotton Seed Oil extraction & Refinery unit at Survey No.64/2/1,64,65/4, 64/B, Light Industrial Area, Randheev Nagar Colony, Bhuktapur village, Adialabad, Telangana, India.
7 Property 7: Plant & Machinery-Gajanand Dall Mill unit at Survey no.55/A, Industrial area, Bhuktapur village, Adialabad, Telangana, India
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26-05-2024 |
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