IP Disclosure(s)

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: Naren Sheth Vallabhdas
Enrollment No. IP/P-00133
Registration No. IBBI/IPA-001/IP-P00133/2017-18/10275
Disclosure Purpose: Prospective Resolution Applicant - The Supply of Information Memorandum to the Prospective Resolution Applicant

Disclosures by the Insolvency Professionals and other Professionals appointed by the
Insolvency Professionals conducting Resolution Processes of K G Corporation 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/FC/PRA Professional Memebrship No. Name of the Authorized Signatory in case of IPE Registration No. of the Authorised Signatory in case of IPE IRP/RP/LIQ/BT Other Professional
(Registered Valuer/
Accountant/ Advocate/
Any other Professional)
Corporate Debtor Name of Financial Creditor Interim Financial Provider Name of Prospective Resolution Applicant
RP NIL NIL NIL NIL NA NIL
Registered Valuer NIL NIL NIL NIL NA NIL
Accountant NIL NIL NIL NIL NA NIL
Advocate NIL NIL NIL NIL NA NIL
Prospective Resolution Applicant 06-04-2021 SAFEX REALTOR PVT LTD U70109MH2019PTC325180 NIL NIL NIL NIL NA NIL
Prospective Resolution Applicant 06-04-2021 Gatiman Textile Industries Pvt Ltd U17309MH2019PTC330803 NIL NIL NIL NIL NA NIL
Prospective Resolution Applicant 06-04-2021 Next Orbit Ventures fund U74120UP2012PTC049740 NIL NIL NIL NIL NA NIL
Since no . of Registered Valuers appointed are in deviation with Regulation 27 read with Regulation 35 of Insolvency and Bankruptcy Board of India (Corporate Insolvency Resolution Process) 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? NA

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

Name of Professional: SAFEX REALTOR PVT LTD
Kind of Profession: Prospective Resolution Applicant
Date of Appointment: 2021-04-06
Corporate Debtor: K G Corporation 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/FC/PRA Professional Memebrship No. Name of the Authorized Signatory in case of IPE Registration No. of the Authorised Signatory in case of IPE IRP/RP/LIQ/BT Other Professional
(Registered Valuer/
Accountant/ Advocate/
Any other Professional)
Corporate Debtor Name of Financial Creditor Interim Financial Provider Name of Prospective Resolution Applicant
RP NIL NIL NIL NIL NA NIL
Registered Valuer NIL NIL NIL NIL NA NIL
Accountant NIL NIL NIL NIL NA NIL
Advocate NIL NIL NIL NIL NA NIL
Prospective Resoloution applicant NIL NIL NIL NIL NA NIL
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: Next Orbit Ventures fund
Kind of Profession: Prospective Resolution Applicant
Date of Appointment: 2021-04-06
Corporate Debtor: K G Corporation 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/FC/PRA Professional Memebrship No. Name of the Authorized Signatory in case of IPE Registration No. of the Authorised Signatory in case of IPE IRP/RP/LIQ/BT Other Professional
(Registered Valuer/
Accountant/ Advocate/
Any other Professional)
Corporate Debtor Name of Financial Creditor Interim Financial Provider Name of Prospective Resolution Applicant
RP NIL NIL NIL NIL NA NIL
Registered Valuer NIL NIL NIL NIL NA NIL
Accountant NIL NIL NIL NIL NA NIL
Advocate NIL NIL NIL NIL NA NIL
Prospective Resolution Applicant NIL NIL NIL NIL NA NIL
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: Gatiman Textile Industries Pvt Ltd
Kind of Profession: Prospective Resolution Applicant
Date of Appointment: 2021-04-06
Corporate Debtor: K G Corporation 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/FC/PRA Professional Memebrship No. Name of the Authorized Signatory in case of IPE Registration No. of the Authorised Signatory in case of IPE IRP/RP/LIQ/BT Other Professional
(Registered Valuer/
Accountant/ Advocate/
Any other Professional)
Corporate Debtor Name of Financial Creditor Interim Financial Provider Name of Prospective Resolution Applicant
RP NIL NIL NIL NIL NA NIL
Registered Valuer NIL NIL NIL NIL NA NIL
Accountant NIL NIL NIL NIL NA NIL
Advocate NIL NIL NIL NIL NA NIL
Prospective Resolution applicant NIL NIL NIL NIL NA NIL
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