IP Disclosure(s)

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

Name of Insolvency Professional: Jigar Tarunkumar Bhatt
Enrollment No. IP/P-01917
Registration No. IBBI/IPA-001/IP-P-01917/2019-2020/13005
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 Favourite Fabtech Pvt Ltd (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 Land and Building 03-04-2021 Prashant Selarka BBI/RV/08/2019/10777 AUSPS4536R NA NA NIL NA NA NA
Accountant NA NA NA NA NA NA
Advocate NA NA NA NA NA NA
NA NA NA NA NA NA
Registered Valuer Land and Building 03-04-2021 Vishesh Gaglani IBBI/RV/08/2020/13461 BCPPG5361N NA NA NA NA NA NA
Registered Valuer Plant and Machineries 03-04-2021 Vishal Shah IBBI/RV/02/2018/10388 DTUPS3891B NA NA NA NA NA NA
Registered Valuer Plant and Machineries 03-04-2021 Navin Kalaria IBBI/RV/02/2019/12365 AFWPK6693L NA NA NA NA NA NA
Registered Valuer Securities or Financial Assets 03-04-2021 Lalit Raithatha IBBI/RV/06/2020/12960 AGVPR5914P NA NA NA NA NA NA
Registered Valuer Securities or Financial Assets 03-04-2021 Mayur Popat IBBI/RV/06/2019/11173 ARHPP3650P NA NA NA NA 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: 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: Prashant Selarka
Kind of Profession: Registered Valuer
Date of Appointment: 03-04-2021
Corporate Debtor: Favourite Fabtech Pvt Ltd

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 Land and Building 03-04-2021 Prashant Selarka BBI/RV/08/2019/10777 AUSPS4536R NA NA NIL 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: Vishesh Gaglani
Kind of Profession: Registered Valuer
Date of Appointment: 03-04-2021
Corporate Debtor: Favourite Fabtech Pvt Ltd

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 Land and Building 03-04-2021 Vishesh Gaglani IBBI/RV/08/2020/13461 BCPPG5361N NA NA NIL 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: Vishal Shah
Kind of Profession: Registered Valuer
Date of Appointment: 03-04-2021
Corporate Debtor: Favourite Fabtech Pvt Ltd

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 Plant and Machineries 03-04-2021 Vishal Shah IBBI/RV/02/2018/10388 DTUPS3891B NA NA NIL 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: Navin Kalaria
Kind of Profession: Registered Valuer
Date of Appointment: 03-04-2021
Corporate Debtor: Favourite Fabtech Pvt Ltd

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 Plant and Machineries 03-04-2021 Navin Kalaria IBBI/RV/02/2019/12365 AFWPK6693L NA NA NIL 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: Lalit Raithatha
Kind of Profession: Registered Valuer
Date of Appointment: 03-04-2021
Corporate Debtor: Favourite Fabtech Pvt Ltd

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 Securities or Financial Assets 03-04-2021 Lalit Raithatha IBBI/RV/06/2020/12960 AGVPR5914P NA NA NIL 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: Mayur Popat
Kind of Profession: Registered Valuer
Date of Appointment: 03-04-2021
Corporate Debtor: Favourite Fabtech Pvt Ltd

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 Securities or Financial Assets 03-04-2021 Mayur Popat IBBI/RV/06/2019/11173 ARHPP3650P NA NA NIL 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