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: Shailen Shah
Enrollment No. IP/P-00408
Registration No. IBBI/IPA-001/IP-P00408/2017-18/10725
Disclosure Purpose: Appointment of other Professionals by You

Disclosures by the Insolvency Professionals and other Professionals appointed by the
Insolvency Professionals conducting Resolution Processes of DIGHI PORT 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
RP NA NA NA NA NA NA
Registered Valuer NA NA NA NA NA NA
Accountant NA NA NA NA NA NA
Advocate NA NA NA NA NA NA
Transaction Auditor 31-10-2018 GD Apte & Co Membership No. - 035217, Firm Reg. No. 100515W AAHFG5198A NIL NIL NIL YES
Name: BANK OF INDIA
Kind: A
Details: GD Apte & Co is the statutory auditor for Bank Of India for FY 2017-18. The firm derived more than 5% of gross revenue in a year from these professional services
NA NA
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:
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, the RP has not been an employee of any Financial Creditor. Yes, the RP is empaneled on the RP panel of some Financial Creditors of the Corporate Debtor.

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

Name of Professional: GD Apte & Co
Kind of Profession: Transaction Auditor
Date of Appointment: 31-10-2018
Corporate Debtor: Dighi Port 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
RP NA NA NA NA NA NA
Registered Valuer NA NA NA NA NA NA
Accountant NA NA NA NA NA NA
Advocate NA NA NA NA NA NA
Transaction Auditor 31-10-2018 GD Apte & Co Membership No. - 035217, Firm Reg. No. 100515W AAHFG5198A NIL NIL NIL YES
Name: BANK OF INDIA
Kind: A
Details: GD Apte & Co is the statutory auditor for Bank Of India for FY 2017-18. The firm derived more than 5% of gross revenue in a year from these professional services
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, the RP has not been an employee of any Financial Creditor. Yes, the RP is empaneled on the RP panel of some Financial Creditors of the Corporate Debtor.