Statement of Claim on the date of admission by Secured Financial Creditors S No Name Address Amount Amount Security Interest, if any, Claimed Admitted in respect of such claim (in Rs.) (in Rs.) IDBI Bank Ltd First Floor , 21,11,65,159.79 21,11,65,159.79 Primary: 1. Videocon Tower, E – 1, First mortgage and charge Jhandewalan on all moveable and Extention, New immoveable properties, both Delhi - 110055 present and future, of the company on Pari-Passu basis except for project land (point b below). Mortgage on 46.875 acres of factory land. (Security created except for CLU of part land admeasuring 14.925 acres. Total land area is 46.875 acres, out of which CLU for 31.95 acres is available and security to this extent is perfected. However, Title Deeds for the remaining 14.875 acres are available with IDBI Bank and undertaking for negative lien also taken on 07.08.2013 ) A first mortgage and charge on all moveable and immoveable properties, both present and future , of the company on parri-passu basis except for project land:- FMV---- RSV- (Rs Lakh) 22,914.99 ( value of plant & machinery and building as on 31.03.2017 as per Audited Financils ) DSV---- Mortgage of factory land – 31.95 acres -14.925 acres (MV of 31.95 acres of land as per valuation report of A . Khanna & Associates dated October 11, 2014; Rs 19.17 Cr):- FMV -1917 RSV – not avail DSV- not avail Collateral: Pledge of 100% shareholding of Indian Promoters held by Simbaholi sugars Limited ( incl. promoters of simbaholi Sugars Ltd ) on Pari- passu basis . Negative lien on 100% Shareholding of Foreign Promoter( ED & F Man Asia Holding Pte Ltd. ) in uniworld Sugars Private Limited on Par- Passu Oriental Bank of 13/1207, Ansari 222757320.00 222757320.00 The Company is setting up a 2. Commerce Road, Hakikar 100% export oriented Nagar, refined sugar manufacturing Saharanpur, unit at Kandla Port, Gujrat U.P with an output of 1000 Tons of refined white sugar per day( Expandable to 2000 TPD) to meet the requirement of export market. Total cost for project for setting up of this plant was assessed as Rs. 235.00 Crore, Out of Total project cost of Rs. 235.00 Cr. Promoter’s contribution was of Rs. 135.00 Crore and Rs. 100.00 Crtore was proposed to be met by debit. The Company has been sanctioned a Term loan of Rs.40.00 Crore out of total requirement of Rs. 100.00 cr. Vide MCB sanction dated 27.12.2011. The sanction of term loan was further revalidated on 15.09.2012 and 16.01.2013 balance Rs. 60.00 Cr. has been sanctioned by IDBI bank Ltd and union bank of India in the ratio of 40.00 Crore and Rs. 20.00 Crore respectively and the Company has achieved the financial closure. Our bank released Rs 30.00 Cr. Upto June 2013. Further competent authority vide agenda item no. 31 of its meeting dated 13.09.2013 has permitted to balance because Rs. 10.00 Cr. Of sanction (25%) permitted time upto 31.01.2014 for obtaining to CLU of creation of cganhe over 14.87 acres of project land out of total 46.77 acres on existing term and condition subject to negative lien on balance 14.83 acres of land on pari passu basis shall be created before release of balance T/L Further vide letter CN/1048/credit/ uniworld/ sugar/ sanction/953/14-15 dated 20.11.2014. The following facilities are sanctioned:- Cash credit Rs 10.00 Cr( Fresh) Term Loan-II Rs 7.00 Cr. (additional) Letter of credit (Buyer’s Credit) fresh Rs. 3.00 Cr. Forward exchange contact ( fresh) Rs. .75 Cr. Review of existing Term loan-I Rs. 40.00 Cr. ( @ Base rate+ 5.00% +0.50% TP) Account became NPA as on 29.06.2017 Hypothecation/ Change on movable asset:- Pledge of 100% shareholding of Indian promoters in USPL which will constitute 50% of the capital in the company – value -67.50 Negative lien on 100% shareholding of foreign promoters ( ED & F Man Asia Holding Pte Ltd- A company incorporated in Singapore ) –Value 67.50 Pari Passu charge on the fixed deposit of 10.00 Cr. With IDBI bank Ltd- value 10.00 Primary Security:- 1st pari passu charge along with other lenders of the project on the entire fixed asset of the company (both present & future ) including land measuring 129097 sq mts (31.90 acres) under survey no 137,44,145,146,149/1,149/2 and 149/3 at village varsamedi, takula kutch Gujarat under pari-passu charge with IDBI bank Limited & UBI having Mv/Rv -19.36 Crore/ 17.43 Cr. Cash Credit ( HYp)-Fesh Limit- 10.00 Cr. Hyp of stock on 1st pari passu basis of raw material, stock in process, finished goods stores& spares and receivables Letter of credit( import/ land) buyers credit- fesh- limit- 3.00 cr. Documents of title to goods in case of L/C on Dp basis. Hyp charge over the goods in case of L/C on DA basis and the documents shall be delivered against Trust Receipt. Deatil Details of 2nd Pari Passu Charge:- For Working capital limits: 2nd pari Passu charge on the fixed asset( already charge with consortium in term loan) For term loan 2nd Pari Passu charge on the current asset( to be charges with consortium) Personal/ Corporate guarantee:- Mr. Gurmit Singh Mann- Director/ Guarantor- Net worth 107.19 Dt of Credit Report-31.03.2013 Mr. Gurpal Singh- Director/ guarantor- Director/ Guarantor- Net worth 25.31 Dt. Of Credit Report- 31.03.2013 Union Bank of Connaught 10,12,02,305.09/- 10,12,02,305.09/- First Pari-Passu Charge on 3. India Place Branch, Equitable Mortgage of all F- 14/15, Block- the pieces and parcels of non F, Connaught Agricultural Land Place , New Collectively admeasuring Delhi – 110001. 129097.00Sq Metre of Survey No 137, 144,145,146,149/1,149/2, and 149/3 of Varsamedi of Anjar Taluka of Kutch District. Equitable Mortgage created at IDBI . First Pari-Passu Charge on Pledge of Shares held by Shri Vatsala Traders Pvt Ltd. First Pari-Passu Charge on Pledge of Shares held by Pearl Innovative Marketing Pvt Ltd. First Pari-Passu Charge on Pledge of Shares held by Pritam Singh Sandhu and Associates Pvt Ltd. First Pari-Passu Charge on Pledge of Shares held by Simbaholi Sugars Ltd. First pari- passu charge charge on pledge of shares held by Dholadhar Investment Pvt Ltd First Pari-Passu Charge on Pledge of Shares held by Integrated Casetech Consultants Pvt Ltd. Total Claim admitted of Secured Creditors 535124784.88 Statement of Claim on the date of admission by Unsecured Financial Creditors S No Name Address Amount Amount Security Claimed Admitted Interest, if (in Rs.) (in Rs.) any, in respect of such claim E D & F Man 3 London Bridge Street, London 1,27,78,742.60 84,43,26,105.82 NIL 1. Holding SEI 9SG, United Kingdom USD(INR Limited 88,94,56,856.05) 2,52,878.61 *Not Admitted GBP Volcafe Pte 8 Shenton Way, # 16-02 Axa 552,090,105 *Not Admitted NIL 2. Ltd Tower, Singapore ,068811. Volcafe Pte 8 Shenton Way, # 16-02 Axa 61,41,39,859 *Not Admitted NIL 3. Ltd ( Revised Tower, Singapore ,068811. form C) Total Claim admitted of Unsecured Creditors 84,43,26,105.82 Statement of Claim on the date of admission by Operational Creditors S No Name Address Amount Amount Security Claimed Admitted Interest, if (in Rs.) (in Rs.) any, in respect of such claim Mohit Minerals 19-20, First Floor , TDI Mall 3,15,00,097/- 24615535 NIL 1. Ltd ,Moti Nagar, New Delhi - 110015 Boxco Logistics Godrej Coliseum , Office No.1201 1,23,37,042.68 10797342 NIL 2. India Pvt Ltd , 12th Floor , A – Wing ,Behind Everard Nagar, Off, Somaiya Hospital Road Sion (East) Mumbai – 400022 Ranasariya 83 , Nutan Cloth Market, Outside 2,06,70,031 14,111,686 NIL 3. polypack Pvt Raipur Gate ,Raipur , Ltd Ahmedabad – 380022 Krishna Shop No. 6 ,Madhav Palace, 34618 34618 NIL 4. Scientific Sector -8 , Plot No 55 , Traders ( GDM) Opp.Chamber Of Comers , Gandhidham , 370201 Newmake Unit No 8 , Building No 5, 1,15,403 1,15,403 NIL 5. Engineering Ashirwad Industrial Estate, Ram Mandir Road, Goregaon –West, Mumbai- 400104 Rishabh Plot No 104, Sector 1A, 47,208 47,208 NIL 6. Electricals Gandhidham(Kutch)- 37040 Mansi Soft Registered Office:RZ 723E, 60,180 25920 NIL 7. Street No 1, Puran Nagar, Palam, New Delhi- 110045 Correspondence Adderess: 235,B2 Spaze IT Park, Sohna Road , Gurugram 122018 , India E D & F Man 903-904, G Plot – 213 , 9th Floor, 1,59,34,95,971 1,22,12,12,208 NIL 8. Commodities Raheja Chambers, Free Press India Private Journal Marg, Nariman Point, Limited Mumbai - 400021 E D & F Man 903-904, G Plot – 213 , 9th Floor, 166,23,70,480 *Not NIL 9. Commodities Raheja Chambers, Free Press Admitted India Private Journal Marg, Nariman Point, Limited ( Mumbai - 400021 Revised Form B) E D & F Man 903-904, G Plot – 213 , 9th Floor, 19,23,17,449 *Not NIL 10. Commodities Raheja Chambers, Free Press Admitted India Private Journal Marg, Nariman Point, Limited Mumbai - 400021 Volcafe Pte Ltd 8 Sheton way, # 16-02 Axa 9,90,500 *Not NIL 11. Tower, singapore, 068811 Admitted E D & F Man 3, London Bridge Street, London 40,49,932.92 40,49,932.92 NIL 12.