IIIPICAI :: Office Management System

Disclosures by Insolvency professionals in terms of IBBI Circular No. IP/005/2018 dated 16th January,2018

Name of Insolvency Professional: Sundaresh Bhat
Enrollment No. IP/P-00077
Registration No. IBBI/IPA-001/IP-P00077/2017-18/10162
Disclosure Purpose: Appointment as IRP/RP

Disclosures by the Insolvency Professionals and other Professionals appointed by the
Insolvency Professionals conducting Resolution Processes of LOTUS SHOPPING CENTRES PRIVATE LIMITED (Corporate Debtor)

Relationship with
IP/Other Professional engaged by IP Asset Class Date of:
Any Appointment
Constitution of Committee of Creditor
Agreement with the Interim Finance Provider
The Supply of Information Memorandum to the Prospective Resolution Applicant
Name of Professional Professional Memebrship No. PAN IRP/RP Other Professional
(Registered Valuer/
Accountant/ Advocate/
Any other Professional)
Corporate Debtor Name of Financial Creditor Interim Financial Provider Name of Prospective Resolution Applicant
IRP 30-08-2018 Mr. Sundaresh Bhat IBBI/IPA-001/IP-P00077/2017-18/10162 ADPPB0751P NA YES
Kind: A B
NIL NIL NIL NIL
Registered Valuer NA NA NA NA NA NA
Accountant NA NA NA NA NA NA
Advocate 14-09-2018 AKR Advisors LLP OS Registration Number 14857 Advocate Code I16489 ABFFA9440A NIL NIL NIL NIL NA NA
IRP Support Entity 30-08-2018 BDO Restructuring Advisory LLP ("IPE") IBBI/IPE/0019 AASFB0131D YES
Kind: B
NIL NIL NIL NIL NIL
Since no . of Registered Valuers appointed are in deviation with Regulation 27 read with Regulation 35 of Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulation, 2016, please provide a clarification: RP Shall appoint two valuers as per the IBC 2016
I hereby confirm that the appointment of every other professional has been made at Arm's Length relationship in terms of Para 7 of the IBBI circular No. IP/005/2018 dated 16th January, 2018 [yes]
Whether you had been an employee of or has been in the panel of any Financial Creditor of the Corporate Debtor? NO

Disclosures by Insolvency professionals in terms of IBBI Circular No. IP/005/2018 dated 16th January,2018

Name of Professional: AKR Advisors LLP
Kind of Profession: Advocate
Date of Appointment: 14-09-2018
Corporate Debtor: Lotus Shopping Centres Private Limited

Disclosures by the other Professionals appointed by the Insolvency Professionals conducting Resolution Processes

Relationship with
IP/Other Professional engaged by IP Asset Class Date of:
Any Appointment
Constitution of Committee of Creditor
Agreement with the Interim Finance Provider
The Supply of Information Memorandum to the Prospective Resolution Applicant
Name of Professional Professional Memebrship No. PAN IRP/RP Other Professional
(Registered Valuer/
Accountant/ Advocate/
Any other Professional)
Corporate Debtor Name of Financial Creditor Interim Financial Provider Name of Prospective Resolution Applicant
IRP 30-08-2018 Mr. Sundaresh Bhat IBBI/IPA-001/IP-P00077/2017-18/10162 ADPPB0751P NIL NIL NIL NIL NIL NIL
Registered Valuer NA NA NA NA NA NA
Accountant NA NA NA NA NA NA
Advocate NA NA NA NA NA NA
NA NA NA NA NA NA
I hereby confirm that the appointment of every other professional has been made at Arm's Length relationship in terms of Para 7 of the IBBI circular No. IP/005/2018 dated 16th January, 2018 [yes]
Whether you had been an employee of or has been in the panel of any Financial Creditor of the Corporate Debtor? NO

Disclosures by Insolvency professionals in terms of IBBI Circular No. IP/005/2018 dated 16th January,2018

Name of Professional: BDO Restructuring Advisory LLP ("IPE")
Kind of Profession: IRP Support Entity
Date of Appointment: 30-08-2018
Corporate Debtor: Lotus Shopping Centres Private Limited

Disclosures by the other Professionals appointed by the Insolvency Professionals conducting Resolution Processes

Relationship with
IP/Other Professional engaged by IP Asset Class Date of:
Any Appointment
Constitution of Committee of Creditor
Agreement with the Interim Finance Provider
The Supply of Information Memorandum to the Prospective Resolution Applicant
Name of Professional Professional Memebrship No. PAN IRP/RP Other Professional
(Registered Valuer/
Accountant/ Advocate/
Any other Professional)
Corporate Debtor Name of Financial Creditor Interim Financial Provider Name of Prospective Resolution Applicant
IRP 30-08-2018 Mr. Sundaresh Bhat IBBI/IPA-001/IP-P00077/2017-18/10162 ADPPB0751P YES
Kind: B
NIL NIL NIL NIL NIL
Registered Valuer NA NA NA NA NA NA
Accountant NA NA NA NA NA NA
Advocate NA NA NA NA NA NA
NA NA NA NA NA NA
I hereby confirm that the appointment of every other professional has been made at Arm's Length relationship in terms of Para 7 of the IBBI circular No. IP/005/2018 dated 16th January, 2018 [yes]
Whether you had been an employee of or has been in the panel of any Financial Creditor of the Corporate Debtor? NO