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: Vijendra Kumar Jain
Enrollment No. IP/P-00721
Registration No. IBBI/IPA-001/IP-P00721/2017-2018/11253
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 Gajanan Solvex 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/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 18-08-2022 Vijendra Kumar Jain IP/P-00721 NA NA NA NA NA NA
Registered Valuer Land & Building 05-09-2022 Kedar Chikodi IBBI/RV/07/2018/10017 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
Registered Valuer Financial Assets 05-09-2022 Harshad N Deshpande IBBI/RV/07/2019/10884 NA NA NA NA NA NA
Registered Valuer Financial Assets 05-09-2022 Den Valuation (OPC) Private Limited IBBI/RVE/06/2021/146 NA NA NA NA NA NA
Registered Valuer Plant & Machinery 05-09-2022 Pranav Ambaselkar IBBI/RV/02/2019/11944 NA NA NA NA NA NA
Registered Valuer Plant & Machinery 05-09-2022 Kedar Chikodi IBBI/RV/07/2018/10143 NA NA NA NA NA NA
Registered Valuer Land & Building 05-09-2022 IndiaAppraisers.com Pvt. Ltd. IBBI/RV-E/07/2020/129 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 (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? No

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

Name of Professional: Kedar Chikodi
Kind of Profession: Registered Valuer
Date of Appointment: 2022-09-05
Corporate Debtor: Gajanan Solvex 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/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 18-08-2022 Vijendra Kumar Jain IP/P-00721 NA NA NA NA NA NA
Registered Valuer Land & Building 05-09-2022 Kedar Chikodi IBBI/RV/07/2018/10017 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: Kedar Chikodi
Kind of Profession: Registered Valuer
Date of Appointment: 2022-09-05
Corporate Debtor: Gajanan Solvex 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/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 18-08-2022 Vijendra Kumar Jain IP/P-00721 NA NA NA NA NA NA
Registered Valuer Plant & Machinery 05-09-2022 Kedar Chikodi IBBI/RV/07/2018/10143 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: Pranav Ambaselkar
Kind of Profession: Registered Valuer
Date of Appointment: 2022-09-05
Corporate Debtor: Gajanan Solvex 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/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 18-08-2022 Vijendra Kumar Jain IP/P-00721 NA NA NA NA NA NA
Registered Valuer Plant & Machinery 05-09-2022 Pranav Ambaselkar IBBI/RV/02/2019/11944 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: IndiaAppraisers.com Pvt. Ltd.
Kind of Profession: Registered Valuer
Date of Appointment: 2022-09-05
Corporate Debtor: Gajanan Solvex 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/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 18-08-2022 Vijendra Kumar Jain IP/P-00721 NA NA NA NA NA NA
Registered Valuer Land & Building 05-09-2022 IndiaAppraisers.com Pvt. Ltd. IBBI/RV-E/07/2020/129 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: Den Valuation (OPC) Private Limited
Kind of Profession: Registered Valuer
Date of Appointment: 2022-09-05
Corporate Debtor: Gajanan Solvex 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/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 18-08-2022 Vijendra Kumar Jain IP/P-00721 NA NA NA NA NA NA
Registered Valuer Financial Assets 05-09-2022 Den Valuation (OPC) Private Limited IBBI/RVE/06/2021/146 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: Harshad N Deshpande
Kind of Profession: Registered Valuer
Date of Appointment: 2022-09-05
Corporate Debtor: Gajanan Solvex 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/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 18-08-2022 Vijendra Kumar Jain IP/P-00721 NA NA NA NA NA NA
Registered Valuer Financial Assets 05-09-2022 Harshad N Deshpande IBBI/RV/07/2019/10884 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