GOing Concern Sale of the Corporate Debtor

Inventory Items consisting of PVC pipes & fi?tings, sanitary fi?tings, filters and dansani bathroom furniture.

As a Going Concern or As a Corporate sale

Sale of the Corporate Debtor as a going concern (including assets and liabilities) excluding Cash and Bank Balance) as per Regulation 32(e) of IBBI (Liquidation Process) Regulations, 2016, excluding any proceeds realized from adjudication of PUFE application and excluding the Stock kept at Star Agri Warehousing Agency at Lambi Village, District Shri Muktsar Sahib, Punjab.

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 [Under Regulation 32(e) of the Liquidation Regulation]

Sale of Factory Land & Bulidng

Corporate Debtor as going concern OR Land & Building + Plant & Machinery As second Option in case the first option fails.

Land to the extent of 5 Acres 85 cents in the Sy No’s. 96-2, 96- 3B2, 141-2B2, situated at Belapu Village Panchayat, Udupi Taluk, Udupi District, Karnataka

Land to the extent 3 acres and 3.25 cents in the Sy No’s. 10-10, 10-9B, 10-8A (10-8P2),10-9A, Sasihithlu Village, Mangalore Taluk, Dakshina Kannada District, Karnataka..

Land & Building and Plant and Machinery

Sale of the computer & server,Furniture & Fixture,office equipments and inventory (Trading Stock) of the Corporate Debtor

As Going Concern or as Slump Sale basis

Option A - Sale of Corporate Debtor as Going Concern; Option B - Sale of Assets of Corporate Debtor Leasehold Land & Building Structures Plot No. D-14/2, MIDC TTC Industrial Area, Turbhe, Thane, Maharashtra, 400614 & Plant & Machinery at Plot No. D-14/2, MIDC TTC Industrial Area, Turbhe, Thane, Maharashtra, 400614

unquoted Securities & trade Reciables

Entire Company is being sold as going concern in view of Regulation 32A and further pursuant to Regulation 32(e) of the IBBI Liquidation Regulations, 2016.