Sale of the company on going concern basis

Entire company is being sold as a Going Concern

Plant and machineries of diagnostics centre

Sale of the Corporate Debtor as a going concern (including all its assets and liabilities but excluding Cash and bank Balance and the recovery out of Section 66 applications of avoidance transactions pending before the Hon’ble NCLT) as per Regulation 32(e) of IBBI (Liquidation Process) Regulations, 2016

BLOCK B- Sale the assets in parcels of the Corporate Debtor as per Regulation 32(d) of IBBI (Liquidation Process) Regulations, 2016.

Machinery, Receivables, Sheds

Immovable Assets --Office Space

99 years leasehold land (lease commencing 27.11.2007) measuring 3.24 acres situated at Plot 163, Namli, Tumlabung, Ranipool, East Sikkim - 737135. Land consisting of 14000sq ft prefabricated factory shed, 2000 sq ft furnished Admin block, 6000 sq ft RCC construction accommodation, 5000 sq ft RCC construction godown, internal roads, walls etc Machinery including 3 sets of Husky Hypet 120 (P85/95), 2 sets of 415/332KVA Volvo Generator, ABB 1000KVA Transformer, Electric Distribution panel and 300KVA Emesron UPS

Computer Systems, Furniture & Fixtures and PUFE

Vehicles and Plant and Machinery

Vehicles and Plant and Machinery

Vehicles and Plant and Machinery

Vehicles and Plant and Machinery

Vehicles and Plant and Machinery

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” as per Regulation 32(e) of the IBBI Liquidation Regulation, 2016.

Sale of investments of Corporate Debtor in quoted/ listed shares viz., 12835 shares of GSFC Limited, 5425 shares of Arvind Limited, 28700 shares of Bank of India, 1085 shares of Arvind Fashions Limited, 542 shares of Arvind Smartspaces Limited and 200 shares of The Anup Engineering Limited