Insolvency and Bankruptcy Board of India

Sale of Corporate Debtor as going concern along with all its assets [including land and building, plant and machinery and financial assets (excluding Cash & Bank Balance)].

Sale of Corporate Debtor as Going Concern Including Land & Building, Plant & Machinery and financial assets (excluding Cash & Bank Balance and amount realisable from PUFE application) of corporate debtor at M/s Genrx Pharmaceuticals Pvt. Ltd. Factory situated at A-52, MIDC Malegaon, Sinnar, Nashik – 422113

Not Readily Realisable Assets ( NRRA) of PPS Enviro Power P Ltd (CD) comprising of 2 arbitration matters as below 1) Arbitration matter filed by CD PPS Enviro Power Pvt Ltd against PAN Time Finance Company P Ltd (Sl No 142 of 2013); Claim by CD – Rs. 45.55 cr; Counter claim – Rs. 41.97 cr. 2) Arbitration matter filed by CD PPS Enviro Power Pvt Ltd against Mahavir Ferro Alloys P Ltd (Sl No 143 of 2013. Claim by CD is Rs. 32.24 cr; Counter claim – Rs. 38.79 cr. The Hon'ble High Court of Telangana had appointed the Sole Arbitrator and the initial period allowed is completed . Application filed with Hon'ble High Court of Telangana for extention of arbitration period and the same is pending .

Sale as a going concern comprising all the assets of the CD as shown in last available tally data as on 27-08-2021/ 15-05-2024 the date of liquidation process commencement or otherwise belonging to or owned by the CD etc. except recoveries out of PUFE transactions if any as a going concern through public auction subject to Swiss challenge method at a reserve price of Rs. 30 lacs on the basis of “As is where is”, “As is what is”, “Whatever there is” and “Without recourse” basis without any assurance or undertaking or obligation about the correctness or completeness of their quantities or qualities or legally enforceability or completeness of legal or regulatory compliances of any of the applicable provisions of law , without any liabilities to comply with pending compliance of any rules, regulations, formalities, provisions of any law as applicable to CD

Land & Building of corporate debtor located at M/s Genrx Pharmaceuticals Pvt. Ltd. Factory situated at A-52, MIDC Malegaon, Sinnar, Nashik – 422113

Sale of Plant & Machinery and financial assets (excluding Cash & Bank Balance and PUFE application) of corporate debtor at M/s Genrx Pharmaceuticals Pvt. Ltd. Factory situated at A-52, MIDC Malegaon, Sinnar, Nashik – 422113

Movable Assets (Trade Receivables & a computer)

Corporate Debtor as a Going Concern basis excluding the assets lying at Syama Prasad Mookerjee Port (Erstwhile KoPT) Under a Swiss Challenge Mechanism (Details are mentioned in the Process Memorandum)

LOT-I: 445 MW Natural Gas based Combined Cycle Power Plant (P&M) comprising of 2 Gas Turbines (Siemens, V94.2)–139.44 MW each + 2 HRSG + 1 Steam Turbine (LMZ, Russia) – 166.60 MW, Land around 128.16 Acres including road and pipe area, Factory Buildings & all other equipment at plant site.

LOT-II: 445 MW Natural Gas based Combined Cycle Power Plant (P&M) comprising of 2 Gas Turbines (Siemens, V94.2)–139.44 MW each + 2 HRSG + 1 Steam Turbine (LMZ, Russia) – 166.60 MW with factory buildings and all other equipment at the plant site excluding land.

LOT-III: Land around 5.80 Acres Kotha Peta Village, abutting power plant land Sy nos. 7/1, 6/2B, 6/3B, 7/4 Kotha Peta. and 36/2, Devarapalli village

A] 1,68,003.00 Sq mtrs of Land (including structures therein) being Plot No 587 to 591 & 594 to 598, KIADB Industrial Area, Belur, Dharwad- 580011, Karnataka and B] Investments in Unlisted Equity Shares

Assets forming part of the Liquidation Estate of the Corporate Debtor consisting of commercial immovable property, office equipments and securities and financial assets.