Process Document MPEnt July 6 20241720586917
Process Document MPEnt July 6 20241720586917
Process Document MPEnt July 6 20241720586917
Issued on behalf of
M. P. Enterprises & Associates Limited
(in Liquidation)
(the Liquidator)
Liquidator’s Address: 401, Darshan CHS Ltd.,
Raghunath Dadaji Street, Fort, Mumbai 400001
Contact: 8591095341/9223230576
Email: mpent.cirp@gmail.com
July 6, 2024
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Sale Process of Assets owned by
M. P. Enterprises & Associates Limited
(In Liquidation)
Invitation for bids for auction of assets of M. P. Enterprises & Associates Limited (“in
liquidation”) under the provisions of Insolvency and Bankruptcy Code, 2016 pursuant
to the order dated 21st February 2024 passed by the Hon’ble National Company Law
Tribunal (“NCLT”) Mumbai Bench.
Issued by
July 6, 2024
The Hon’ble NCLT has pronounced the Liquidation Order under section 33(2) of the
Insolvency and Bankruptcy Code, 2016 (hereinafter referred as “Code” or “IBC”) in respect of
M. P. Enterprises & Associates Limited (herewith referred as “Company”) vide order dated
21st February 2024. By the said order, Mr. Subhash Laxminarayan Nathuramka (IBBI/IPA-
001/IP-P-00472/2017-2018/10815 AFA Validity- 10/09/2024) has been appointed as the
Liquidator of the Company.
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DISCLAIMER
The information in this Process Memorandum is provided by the Company and has not been
independently verified by the Liquidator. While thisinformation has been prepared in good faith,
no representation or warranty, expressed or implied,is or will be made and no responsibility or
liability is or will be accepted by the Liquidator, the Company or by any of its officers, employees
or agents in relation to the accuracy, fairness, authenticity or completeness of this Process
Memorandum or any other written or oral information made available to any interested party or
its advisers and any such liability is expressly disclaimed. In so far as the information contained
in this Process Memorandum includes current or historical information, the accuracy, adequacy,
authenticity, correctness, fairness, and completeness of such information cannot be guaranteed.
By acceptance of this Process Memorandum, the Bidder (defined herein below) shall be deemed
to have acknowledged that it has not relied upon any representation and warranty made
by the Liquidator. The participation in the E-Auction (defined herein below) means and implies
that the Bidder has read carefully and unconditionally and irrevocably agreed to and accepted all
the terms and conditionslaid herein.
This Process Memorandum has not been filed, registered or approved and will or may not be
filed, registered, reviewed or approved by any statutory or regulatory authority in India or by any
stock exchange in India or any other jurisdiction. This Process Memorandum and information
contained herein or disclosed pursuant to the terms of this Process Memorandum or any part of
it does not constitute or purport to constitute any advice or information in publicly accessible
media and should not be printed, reproduced, transmitted, sold, distributed, or published by the
recipient without prior written approval from the Liquidator. Distributing or
taking/sending/dispatching/transmitting this Process Memorandum in certain foreign
jurisdictions may be restricted by Applicable Law, and Persons into whose possession this
Process Memorandum comes should inform themselves about, and observe, any such
restrictions.
Neither the Liquidator, nor his professional advisors, consultants, service providers, affiliates,
directors, employees, agents, representatives or managers of the process shall be liable for any
damages, whether direct or indirect, incidental, special or consequential including loss of revenue
or profits that may arise from or in connection with the use of this Process Memorandum,
including for the Process Memorandum not being selected as a Successful Bidder or on account
of any decision taken by the Liquidator.
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The Liquidator and/or the Company gives no undertaking to provide the recipient with access to
any additional information or to update this Process Memorandum or any additional information,
or to correct any inaccuracies in it which may become apparent, and they reserve the right,
without giving reasons, at any time and in any respect, to amend or terminate the procedures set
herein or to terminate negotiations with any Bidder. The issue of this Process Memorandum shall
not be deemed to be any form of commitment on the part of the Liquidator or the Company to
proceed with any transaction.
In addition to the provisions set out in this Process Memorandum, the Bidder shall be responsible
for fully satisfying the requirements of the Code and related regulations as well as all Applicable
Laws (defined herein below) in force that are or may be applicable to the Bidder or the sale
process and for obtaining requisite regulatory or other approvals, if any, that are or may be
required under applicable law and nothing contained in this Process Memorandum shall be
deemed to relieve, wholly or partially, directly or indirectly, the Bidder from compliance with
the Code and related regulations as well as any other law in force, and/ or any instrument having
the force of law as may be applicable and nothing in this Process Memorandum shall be construed
as, or operate either, wholly or in part, as exempting the Bidder from complying with all such
laws, as are or may be applicable.
By procuring a copy of this Process Memorandum, the recipient accepts the terms of this
disclaimer notice, which forms an integral part of this Process Memorandum and all other terms
and conditions of this Process Memorandum. Further, no Person, including the Bidder shall be
entitled under any law, statute, rules or regulations or tort, principles of restitution or unjust
enrichment or otherwise to claim for any loss, damage, cost or expense which may arise from or
be incurred or suffered on account of anything contained in this Process Memorandum or
otherwise, including the accuracy, adequacy, authenticity, correctness, completeness or
reliability of the information or opinions contained in this Process Memorandum and any
assessment, assumption, statement or information contained therein or deemed to form part of
this Process Memorandum, and the Liquidator, Company, and their consultants, service
providers, advisors, affiliates, directors, employees, agents, representatives or managers do not
have any responsibility or liability for any such information or opinions and therefore, any
liability or responsibility is hereby expressly disclaimed. All expenses incurred towards
movement / shifting of the Assets (defined herein below) of the Company post the E-Auction
should be borne by the Successful Bidder. The Liquidator shall not be held responsible / liable
to pay any expenses towards such movement of any Assets sold in the E-Auction.
In no circumstances shall the Bidder or its officers, employees, agents and professional advisers
make any contact, direct or indirect, by any mode whatsoever, with the management, employees,
customers, agents or suppliers of the Company until the Liquidator gives permission to do so in
writing.
The Assets of the Company are proposed to be sold on “as is where is basis”, “as is what is
basis”, and “whatever there is basis, and the proposed sale of the Assets of the Companydoes
not entail transfer of any title except the title which the Company had over its Assets as on date
of the transfer. The Liquidator does not take or assume any responsibility for any shortfall or
defect or shortcoming in the Assets of the Company.
The Bidder shall bear all its costs and charges associated with or relating to the preparation and
submission of its bid including but not limited to preparation, copying, postage, delivery fees,
expenses associated with any demonstrations or presentations for each Assets which may be
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required by the Liquidator or any other costs incurred in connection with or relating to its bid on
of the relevant Assets.
All terms and conditions with respect to the sale of each Assets shall be governed by the
directions of the Liquidator, the Adjudicating Authority (defined herein below) and in accordance
with the provisions of Applicable Laws. As mandated by the Adjudicating Authority, the
Liquidator shall exercise all rights with respect to sale of the Assets and it would be open to the
Liquidator to appoint such experts, professionals or other persons, as the Liquidator might think
necessary, in consultation with Adjudicating Authority, so as to enable the sale of the Assets.
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TO ALL BIDDERS
Terms and conditions, Timelines including reserve price, earnest money deposit as well as pre-
bid qualifications, if any, Bid Application Form, Undertaking and other documents required for
participating in the electronic auction are provided in the Process Memorandum. The said Process
Memorandum is non-transferable.
The details for the e-auction process are also available on the website
https://ncltauction.auctiontiger.net.
Bidders desirous to submit their bid, must submit Bids on E-Auction Portal
https://ncltauction.auctiontiger.net.
The documents for the Bid have to be submitted at Liquidator’s Office by post or in person or
through electronic means.
Address: 401, Darshan CHS Ltd., Raghunath Dadaji Street, Fort, Mumbai 400001
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TABLE OF CONTENTS
Table of Contents
PROCESS MEMORANDUM ......................................................................................................... 1
1. IMPORTANT INFORMATION ............................................................................................ 9
2. DEFINITIONS ....................................................................................................................... 12
3. INTRODUCTION.................................................................................................................. 13
4. OVERVIEW OF THE COMPANY ..................................................................................... 14
5. ELIGIBILITY/ PRE-BID QUALIFICATIONS ................................................................. 14
6. SITE VISIT AND DISCUSSION MEETING ..................................................................... 17
7. DUE DILIGENCE ................................................................................................................. 17
9. EARNEST MONEY DEPOSIT ............................................................................................ 18
10. DECLARATION OF THE SUCCESSFUL BIDDER ........................................................ 20
11. FRAUDULENT AND CORRUPT PRACTICES ................................................................ 20
12. COST, EXPENSE AND TAX IMPLICATIONS ................................................................ 21
13. GOVERNING LAW AND JURISDICTION ....................................................................... 22
14. TIMELINES ............................................................................................................................ 22
15. ANNEXURES.......................................................................................................................... 23
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1. IMPORTANT INFORMATION
1.1 This Process Memorandum has been issued with the intent to carry out e-auction (“E-
Auction”) of the Assets of the Company (in liquidation) under the provisions of the Code
and Liquidation Process Regulations (defined herein below).
1.2 All information provided in this Process Memorandum should be read together with the
provisions of the Code and the Liquidation Process Regulations. In the event of a conflict
between this Process Memorandum, the Code or the Liquidation Process Regulations, the
provisions of the Code will prevail and if the related information is not there in the Code,
the Liquidation Process Regulations shall prevail.
1.3 The information contained in this Process Memorandum or subsequently provided to
Bidder(s), whether verbally or in documentary or any other form by or on behalf of the
Liquidator, is provided to Bidder(s) on the terms and conditions set out in this Process
Memorandum.
1.4 This Process Memorandum is neither an agreement nor an offer by the Liquidator to the
Bidders or any other person. The purpose of this Process Memorandum is to provide
Bidders with information that may be useful to them in making their bids pursuant to this
Process Memorandum. The assumptions, assessments, statements and information
contained in the Process Memorandum may not be complete, accurate, adequate or correct.
Each Bidder should, therefore, conduct its own investigations and analysis and should
check the accuracy, adequacy, correctness, reliability and completeness of the assumptions,
assessments, statements and information contained in this Process Memorandum and
obtain independent advice from appropriate sources.
1.5 Information provided in this Process Memorandum to the Bidder(s) has been collated from
several sources. The information given is not intended to be an exhaustive account of
statutory requirements and should not be regarded as complete. The Liquidator accepts no
responsibility for the accuracy or otherwise for any statement contained in the Process
Memorandum.
1.6 The Liquidator, makes no representation or warranty and shall have no liability to any
person, including any Bidder under any law, statute, rules or regulations or tort, principles
of restitution or unjust enrichment or otherwise for any loss, damages, cost or expense
which may arise from or be incurred or suffered on account of anything contained in this
Process Memorandum or otherwise, including the accuracy, adequacy, correctness,
completeness or reliability of the Process Memorandum and any assessment, assumption,
statement or information contained therein or deemed to form part of this Process
Memorandum or arising in any way from participation in this auction process.
1.7 The Liquidator also accepts no liability of any nature howsoever caused arising from
reliance of any Bidder upon the statements contained in this Process Memorandum.
1.8 The Liquidator may in its absolute discretion, but without being under any obligation to do
so, update, amend or supplement the information, assessment or assumptions contained in
this Process Memorandum.
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1.9 The issue of this Process Memorandum does not imply that the Liquidator is bound to
select a Bidder or to appoint the Preferred Bidder as Successful Bidder for the assets of the
Company and the Liquidator reserves the right to reject all or any of the Bidders or bids
without assigning any reason whatsoever.
1.10. Each Bidder shall bear all its costs and charges associated with or relating to the preparation
and submission of its bid and/ or participation in the E-Auction, including but not limited
to preparation, copying, postage, delivery fees, expenses associated with any
demonstrations or presentations which may be required by the Liquidator or any other costs
incurred in connection with or relating to its bid.
1.11. M/s E-Procurement Technologies Limited (E-Auction Service Provider”) has been
appointed as the E-Auction Service Provider. The sale of the Assets shall be undertaken by
the E-Auction Service Provider for and on behalf of the Seller through an e-auction
platform provided on the website portal of the E-Auction Service Provider (Platform).
Other details with respect to the E-Auction are as follows:
Type of Bid E – Auction
Seller Subhash Laxminarayan Nathuramka
(Liquidator of M. P. Enterprises &
Associates Limited)
Website of E -Auction service provider https://ncltauction.auctiontiger.net
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2. Annexure 2 – Bid Application form (to be
duly filled in and signed by the Bidder and
is to be Submitted)
1.12. All terms and conditions with respect to the sale of the Assets shall be governed by the
directions of the Liquidator, the Hon’ble NCLT and in accordance with the provisions of
applicable laws.
As mandated by the Hon’ble NCLT, the Liquidator shall exercise all rights with respect to
sale of the Assets and it would be open to the Liquidator to appoint such experts,
professionals or other persons, as the Liquidator might think necessary so as to enable the
sale of the Assets.
1.13. The Annexures to this Process Memorandum shall form an integral part hereof and this
Process Memorandum shall always be read in conjunction with the Annexures hereto.
1.14. All expenses incurred towards movement / shifting of assets of the Company post the E-
Auction process shall be borne by the Successful Bidder. The Liquidator shall not be held
responsible / liable to pay any expenses towards such movement of any Assets of the
Company.
1.15. In no circumstances shall the Bidder or its officers, employees, agents and professional
advisers make any contact, direct or indirect, by any mode whatsoever, with the
management, employees, customers, agents or suppliers of the Company until the
Liquidator gives permission to do so in writing.
1.16. The Assets of the Company are proposed to be sold on “As is where is basis”, “As is what
is basis” and “Whatever there is basis”, and the proposed sale of Assets of the Company
does not entail transfer of any title except the title which the Company had on its Assets as
on date of transfer. The Liquidator does not take or assume any responsibility for any
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shortfall or defect or shortcoming in the moveable/immoveable assets of the Company.
1.17. The Bidder shall bear all its costs and charges associated with or relating to the preparation
and submission of its bid including but not limited to preparation, copying, postage,
delivery fees, expenses associated with any demonstrations or presentations which may be
required by the Liquidator or any other costs incurred in connection with or relating to its
bid.
2. DEFINITIONS
“Adjudicating Authority” or “NCLT” shall mean the Hon’ble National Company Law
Tribunal, Mumbai Bench.
“Applicable Laws” means, all applicable laws, regulations, rules, guidelines, circulars, re-
enactments, revisions, applications and adaptations thereto, judgments, decrees,
injunctions, writs and orders of any court, arbitrator or governmental agency or authority,
rules, regulations, orders and interpretations of any governmental authority, court or
statutory or other body applicable for such transactions including but not limited to the IBC,
Liquidation Regulations, Companies Act, 2013 (as applicable), Competition Act, 2002,
Transfer of Property Act, 1882, Sale of Goods Act, 1930, Foreign Exchange Management
Act, 1999, Motor Vehicles Act, 1988 whether in effect as of the date of this Process
Memorandum or thereafter and each as amended from time to time;
“Assets” means the assets of the Company as specified in Point 8 of this Process
Memorandum.
“Control” shall mean a Person holding more than 26% (twenty six percent) of the voting
share capital in a company or the ability to appoint majority of the directors on the board
of another company or the ability of a company to direct or cause direction of the
management and policies of another company, whether by operation of law or by contract
or otherwise;
“Eligible Bidder(s)” shall mean Bidder(s) who are eligible in terms of this Process
Memorandum, provisions of IBC and provisions of the Liquidation Process Regulations;
“IBC” or “Code” shall mean Insolvency and Bankruptcy Code, 2016 and the related rules
as amended from time to time.
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“Liquidation Process Regulations” means, the Insolvency and Bankruptcy Board of India
(Liquidation Process) Regulations 2016 as may be amended from time to time;
“Lots” means collectively the number of Lots which has been put up for auction through
a particular bidding process, and shall include one or more Lot;
“Process Memorandum” means this document including all the annexures hereto, for the
purposes of setting out the process for submission of a bid and selection of Successful Bid
in accordance with the provisions of the IBC and shall include all supplements,
modifications, amendments, alterations or clarifications thereto issued in accordance with
the terms thereof.
“Bid” means, any bid submitted / to be submitted by the Bidders as required in terms of
this Process Memorandum and in accordance with the provisions of IBC read together with
the Liquidation Process Regulations and the Applicable Laws;
“Seller” means, M. P. Enterprises & Associates Limited in Liquidation acting through the
Liquidator;
Capitalized terms used herein but not defined otherwise shall have meaning prescribed to
them under the provisions of the IBC and the regulations thereunder.
3. INTRODUCTION
3.1 The Liquidation process of the Company had been initiated under the provisions of the
IBC and by virtue of an order of the Hon’ble NCLT with effect from 21st February
2024. In the said order, Subhash Laxminarayan Nathuramka has been appointed as the
liquidator.
3.2 The Liquidator endeavors to sell these Assets comprising of the liquidation estate of
the Company in the manner specified under Regulation 33 (1) of the Liquidation
Process Regulations, any other rules, regulations, orders, circulars, directions or
notifications or the like, issued pursuant to or under the IBC or the Liquidation Process
Regulations, as the case may be, and as per directions, if any, of the Adjudicating
Authority in respect of the liquidation process of the Company and in the manner
specified in this Process Memorandum.
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3.3 The E-Auction would be conducted in the manner specified in Schedule I as provided
under Regulation 33 of the Liquidation Process Regulations and any other rules,
regulations, orders, circulars, directions or notifications or the like, issued pursuant to
or under the IBC or the Liquidation Process Regulations, as the case may be, and as
per directions, if any, of the Hon’ble NCLT or Hon’ble NCLAT in respect of the
liquidation process of the Company and in the manner specified in this Process Memorandum.
The Bidders are encouraged to acquaint themselves with the provisions of the IBC and
the Liquidation Process Regulations and any other rules, regulations, orders, circulars,
directions or notifications or the like, issued pursuant to or under the IBC or the
Liquidation Process Regulations, as the case may be.
The Company has been engaged in providing manpower, staffing, housekeeping and
transportation services, and had operations in Mumbai, Pune and Bangalore. The Company
was doing business with government companies like BEST, PMPML, ONGC, HAL and
some companies in IT sector including L&T Infotech Ltd., Accenture and other companies
including Posco India, L&T Technology Services Ltd.
As per the proviso to section 35(1)(f) of the IBC, (as amended from time to time) the Liquidator
shall not sell the immovable and movable property or actionable claims of the Company in
liquidation to any person who is not eligible to be resolution applicant. Accordingly, an Auction
Process Applicant shall not be eligible to submit a bid for purchase of Assets of the Company
if it fails to meet the eligibility criteria set out in Section 29A of the IBC (as amended from
time to time).
(b) is a wilful defaulter in accordance with the guidelines of the Reserve Bank of India issued
under the Banking Regulation Act, 1949 (10 of 1949);
(c) at the time of submission of the resolution plan has an account, or an account of a corporate
debtor under the management or control of such person or of whom such person is a promoter,
classified as non-performing asset in accordance with the guidelines of the Reserve Bank of
India issued under the Banking Regulation Act, 1949 (10 of 1949) or the guidelines of a
financial sector regulator issued under any other law for the time being in force, and at least a
period of one year has lapsed from the date of such classification till the date of commencement
of the corporate insolvency resolution process of the corporate debtor:
Provided that the person shall be eligible to submit a resolution plan if such person makes
payment of all overdue amounts with interest thereon and charges relating to non-performing
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asset accounts before submission of resolution plan:
Provided further that nothing in this clause shall apply to a resolution applicant where such
applicant is a financial entity and is not a related party to the corporate debtor.
Explanation I.- For the purposes of this proviso, the expression "related party" shall not include
a financial entity, regulated by a financial sector regulator, if it is a financial creditor of the
corporate debtor and is a related party of the corporate debtor solely on account of conversion
or substitution of debt into equity shares or instruments convertible into equity shares [or
completion of such transactions as maybe prescribed,] prior tothe insolvency commencement
date.
Explanation II.— For the purposes of this clause, where a resolution applicant has an account,
or an account of a corporate debtor under the management or control of such person or of
whom such person is a promoter, classified as non-performing asset and such account was
acquired pursuant to a prior resolution plan approved under this Code, then, the provisions of
this clause shall not apply to such resolution applicant for a period of three years from the date
of approval of such resolution plan by the Adjudicating Authority under this Code;
(d) has been convicted for any offence punishable with imprisonment –
(i) for two years or more under any Act specified under the Twelfth Schedule; or
(ii) for seven years or more under any law for the time being in force:
Provided that this clause shall not apply to a person after the expiry of a period of two years
from the date of his release from imprisonment:
Provided further that this clause shall not apply in relation to a connected person referred to
in clause(iii) of Explanation I;
(e) is disqualified to act as a director under the Companies Act, 2013 (18 of 2013):
Provided that this clause shall not apply in relation to a connected person referred to in clause
(iii) of Explanation I;
(f) is prohibited by the Securities and Exchange Board of India from trading in securities or
accessing the securities markets;
(g) has been a promoter or in the management or control of a corporate debtor in which a
preferential transaction, undervalued transaction, extortionate credit transaction or fraudulent
transaction has taken place and in respect of which an order has been made by the Adjudicating
Authority under this Code:
Provided that this clause shall not apply if a preferential transaction, undervalued transaction,
extortionate credit transaction or fraudulent transaction has taken place prior to the acquisition
of the corporate debtor by the resolution applicant pursuant to a resolution plan approved
under this Code or pursuant to a scheme or plan approved by a financial sector regulator or a
court, and such resolution applicant has not otherwise contributed to the preferential
transaction, undervalued transaction, extortionate credit transaction or fraudulent transaction;
(h) has executed a guarantee in favour of a creditor in respect of a corporate debtor against
which an application for insolvency resolution made by such creditor has been admitted under
this Code and such guarantee has been invoked by the creditor and remains unpaid in full or
part;
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(i) is subject to any disability, corresponding to clauses (a) to (h), under any law in a
jurisdiction outside India; or
(j) has a connected person not eligible under clauses (a) to (i).
Explanation I. — For the purposes of this clause, the expression "connected person" means—
(i) any person who is the promoter or in the management or control of the resolution
applicant; or
(ii) any person who shall be the promoter or in management or control of the business
of the corporate debtor during the implementation of the resolution plan; or
(iii) the holding company, subsidiary company, associate company or related party
of a person referred to in clauses (i) and (ii):
Provided that nothing in clause (iii) of Explanation I shall apply to a resolution applicant where
such applicant is a financial entity and is not a related party of the corporate debtor:
Provided further that the expression "related party" shall not include a financial entity,
regulated by a financial sector regulator, if it is a financial creditor of the corporate debtor and
is a related party of the corporate debtor solely on account of conversion or substitution of debt
into equity shares or instruments convertible into equity shares, or completion of such
transactions as maybe prescribed, prior to the insolvencycommencement date;
Explanation II—For the purposes of this section, "financial entity" shall mean the following
entities which meet such criteria or conditions as the Central Government may, in consultation
with the financial sector regulator, notify in this behalf, namely:—
(b) any entity regulated by a foreign central bank or a securities market regulator or other
financial sector regulator of a jurisdiction outside India which jurisdiction is compliant with
the Financial Action Task Force Standards and is a signatory to the International Organisation
of Securities Commissions Multilateral Memorandum of Understanding;
(c) any investment vehicle, registered foreign institutional investor, registered foreign portfolio
investor or a foreign venture capital investor, where the terms shall have the meaning assigned
to them in regulation 2 of the Foreign Exchange Management (Transfer or Issue of Security by
a Person Resident Outside India) Regulations, 2017 made under the Foreign Exchange
Management Act, 1999 (42 of 1999);
(d) an asset reconstruction company register with the Reserve Bank of India under section 3 of
the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest
Act, 2002 (54 of 2002);
(e) an Alternate Investment Fund registered with Securities and Exchange Board of India;
Only those Bidders who meet the eligibility criteria specified above upon submission of Earnest
Money Deposit may be considered/short listed by the Liquidator to participate in the E-
Auction. The Bidders which do not meet the criteria as laid down above shall be rejected at the
discretion of the Liquidator, without providing any reason or incurring any liability.
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Documents to be submitted by Bidders
The Bidder shall submit the duly filled and signed Bid Application Form attached vide
Annexure 2 (“Bid Form”), Bid Declaration Form attached vide Annexure 3 (“BID
Declaration Form”) and the duly filled and signed Affidavit cum Undertaking by Bidder
attached vide Annexure 4 (“Affidavit cum Undertaking”) in accordance with the timelines
specified in Clause 14 “TIMELINES” in respect of assets.
Only upon submission of all these documents, the Eligible Bidder shall be eligible for Site
Visit/Inspection, Request for Title Documents for the purpose conducting due diligence,
Discussion Meeting.
Note: The eligible bidder shall be required to submit an Earnest Money Deposit attached
vide Annexure 5 “Earnest Money Deposit Form” as per timelines specified in Clause 14
to be eligible to participate in the Auction.
The following information, documents and authorizations are required to be submitted as part
of the Bid Application Form by the bidder (s):
a. KYC Documents of the bidder (PAN/ Aadhar card/ passport/ Driving License)
b. Authority Letter of the authorized representative bidding in case of any bidder other
than proprietorship firm.
c. Composition and Ownership Structure
The Bidder may use additional sheets to submit the information for its detailed response.
Additionally, at any stage of the auction process, the Liquidator may ask for any documents
from the Bidders including the Eligible Bidders to evaluate their eligibility. The liquidator shall
disqualify the bidder /eligible bidder for non-submission of the requested documents.
The title documents relating to the Assets shall be available to the Eligible Bidder on request to
be made to the Liquidator on mpent.cirp@gmail.com
6. SITE VISIT
The gala/vehicles can be inspected during the period from the date of announcement of eligible
bidders to July 29, 2024 till 5.00 p.m. in coordination with the office of the liquidator.
7. DUE DILIGENCE
The Liquidator shall provide all necessary assistance for the conduct of due diligence by the
Eligible Bidder. The information and documents shall be provided by the Liquidator in good
faith. The Eligible Bidder may note that the Liquidator would not have verified any of the
information, data or documents shared and shall not accept any responsibility or liability,
whatsoever, in respect of any statements or omissions contained in the shared data.
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The Assets of the Company are proposed to be sold on “As is where is basis”, “As is what is
basis” and “Whatever there is basis” and the proposed sale of Assets of the Company does not
entail transfer of any title except the title which the Company had on its Assets as on date of
transfer.
8. ASSETS TO BE AUCTIONED
Kindly note that the Bidders cannot place a bid at a value below the reserve price.
i. The non-interest bearing EMD, to be paid by the Eligible Bidder along with Earnest Money
Deposit Form attached vide Annexure 5 prior to auction as per timelines mentioned in clause
14.
ii. Through Demand Draft in the name of M. P. Enterprises & Associates Limited (In
Liquidation) payable at Mumbai, or RTGS / NEFT to the account number provided as:
iii. The details of any remittances in this regard shall be submitted by the Eligible Bidder through
email on mpent.cirp@gmail.com. The entire EMD amount shall be remitted by the Eligible
Bidder from one bank account.
iv. Eligible Bidders shall preserve the remittance challan and shall produce the same in front of
the Liquidator as and when demanded.
All payments made by the bidder under the e-auction shall be intimated to the Liquidator on
mpent.cirp@gmail.com However, the credit to the bank account of EMD should be made on or
before Aug 5, 2024 (Monday) by 5.00 P.M.
No interest will be paid to the Bidders/Eligible Bidders in relation to any such amounts mentioned
above. The EMD of the Successful Bidder shall be retained towards part sale consideration and
the EMD of unsuccessful bidders shall be refunded. The Liquidator will issue a letter to the
Successful Bidder and the Successful Bidder shall have to deposit the balance consideration (after
adjustment of the EMD) of the sale price within 30 days of such demand subject to a maximum
period of 90(Ninety days. The payments made after thirty days shall attract interest at the rate of
12%. The Sale shall be cancelled if the payment is not received within ninety days. On payment
of the full amount the sale shall stand completed and the Liquidator shall execute certificate of
sale or sale deed to transfer such Assets and the Assets shall be delivered to the Successful Bidder
in the manner specified in the terms of sale.
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Further, if the payment is not made by the Successful Bidder within 90 days of such demand,
thesale shall stand cancelled.
The Earnest Money furnished can be forfeited at any time, upon the occurrence of any of the
following events:
a) if any of the conditions under this Process Memorandum are breached by the Successful Bidder
or in case the Successful Bidder is found to have made any false representation; or
b) if the Successful Bidder is found to be ineligible to submit the bid under Section 29A of the IBC
(as amended from time to time) or is found to have made a false or misleading declaration of
eligibility under Section 29A read with Section 35 (1) (f) of the IBC (as amended from time to
time); or
c) if the Eligible Bidder/ Successful Bidder is found to be, directly or indirectly or through an
agent, engaged in corrupt practice, fraudulent practice, coercive practice, undesirable practice or
restrictive practice in the auction process or has, undertaken any action in respect of such process
which results in the breach of any applicable law including the Prevention of Corruption Act, 1988;
or
The Liquidator shall determine and at his sole discretion (which discretion shall not be used
arbitrarily), declare at the end of the E-Auction, the Successful Bidder(s) for any asset lot(s).
Determination of the Successful Bidder(s) shall be done on the basis of highest bid (not below
the reserve price) received for each Lot of assets via the E-Auction, unless the Liquidator
determines, acting reasonably, that the highest bidder shall not be identified as the Successful
Bidder.
Where the Earnest Money has been provided by means of a remittance to the Company’s bank
account or by Demand Draft, such funds will be retained by the Liquidator as part payment of
the consideration that the Successful Bidder has agreed to pay for the relevant asset lot(s).
The Liquidator is not bound to accept the highest offer and has the absolute right to accept
or reject any or all offer(s) or adjourn / postpone / cancel the e-Auction or withdraw any
asset lot orportion thereof from the E-Auction proceedings at any stage without assigning
any reason therefor.
In case of any dispute / discrepancy, the liquidator shall assess the auction applications and
declare the successful bidder (s) offering maximum value for the auctioned assets. This right
of selecting and declaring the successful bidder(s) shall always solely rest with the
Liquidator, andhis decision will be final and binding on all applicants.
Completion of Sale
On payment of the full amount of sale consideration and applicable taxes (if any), the sale shall
stand completed, and the Liquidator shall execute Certificate of sale or Sale deed or relevant sale
documents related to transaction and the assets shall be deemed to be delivered to the Successful
Bidder. The Certificate of sale or Sale deed will be issued and /or transaction / sale documents
will be executed in the name of the Successful Bidder only and will not be issued in any other
name(s). It is expressly stipulated that there are no implied obligations on the part of the
Liquidator to do all acts, things and deeds whatsoever for the completion of the sale.
Default in payment of the balance sale consideration and applicable taxes, if any, on 100% of the
bid sum by the Successful Bidder will result in disqualification of the Successful Bidder including
forfeiture of Earnest Money. The asset lot(s) may be put to re-auction or sold to the next highest
Eligible Bidder and the defaulting Successful Bidder shall have no claim/right in respect of such
asset lot.
The auction participant shall observe the highest standard of ethics during the auction process and
subsequently during the closure of the auction process and declaration of successful bidder.
Notwithstanding anything to the contrary, contained in this Process Memorandum, or in the Letter
of Intent, the Liquidator shall reject an auction bid, revoke the Letter of Intent, as the case may be,
without being liable in any manner whatsoever to the auction participant, if the Liquidator, at his
discretion, determines that the auction participant has, directly or indirectly or through an agent,
engaged in corrupt practice, fraudulent practice, coercive practice, undesirable practice or
restrictive practice in the auction process or has, undertaken any action in respect of such process
which results in the breach of any applicable law including the Prevention of Corruption Act, 1988.
In such an event, the Liquidator may forfeit the Earnest Money Deposit furnished by the auction
participant.
For the purposes of this Clause the following terms shall have the meaning hereinafter respectively
assigned to them:
“Coercive practice” shall mean impairing or harming, or threatening to impair or harm, directly or
indirectly, any person or property to influence any person’s participation or action in the auction
Process;
“corrupt practice” shall mean (i) the offering, giving, receiving, or soliciting, directly or
indirectly, of anything of value to influence the actions of any person connected with the auction
Process (for avoidance of doubt, offering of employment to or employing or engaging in any
manner whatsoever, directly or indirectly, any official of the Liquidator or the Company, who is
or has been associated or dealt in any manner, directly or indirectly with the auction Process or
arising there from, before or after the execution thereof, at any time prior to the expiry of 1 (one)
year from the date such official resigns or retires from or otherwise ceases to be in the service of
the Liquidator or the Company, shall be deemed to constitute influencing the actions of a person
connected with the auction Process); or (ii) engaging in any manner whatsoever, during the auction
Process or thereafter, any person in respect of any matter relating to the Company, who at any time
has been or is a legal, financial or technical adviser of the Liquidator or the Company, in relation
to any matter concerning the auction process;
20
“fraudulent practice” shall mean a misrepresentation or omission of facts or suppression of facts
or disclosure of incomplete facts, in order to influence the auction Process;
“restrictive practice” shall mean forming a cartel or arriving at any understanding or arrangement
among the auction process Applicants with the objective of restricting or manipulating a full and
fair competition in the auction Process; and
“undesirable practice” shall mean (i) establishing contact with any person connected with or
employed or engaged by the liquidator with the objective of canvassing, lobbying or in any manner
influencing or attempting to influence the auction Process; or (ii) having a Conflict of Interest.
The Bidder shall not involve himself or any of his representatives in price manipulation of any kind
directly or indirectly by communicating with other Bidders.
The Bidder shall not divulge either his bid or any other details provided to him by the Liquidator
or during the due diligence process in respect of the asset to any other party. Prior to conduct of
due diligence/ site visits, the Liquidator may require the Bidder to execute confidentiality
agreement with the Company/ Liquidator.
The Bidder shall be responsible for all the costs incurred by it on account of its participation in the
Bid, including any costs associated with participation in the discussion meeting (if any), Site Visit,
etc. The Liquidator shall not be responsible in any way for such costs, regardless of the conduct or
outcome of the E-Auction process.
For purpose of abundant clarity, it is hereby clarified that the Bidder is expected to make its own
arrangements including accommodation for the discussion Meeting (if organized) or Site Visit and
all costs and expenses incurred in that relation shall be borne by the Bidder.
The Bidder shall not be entitled to receive reimbursement of any expenses which may have been
incurred for carrying out of due diligence, search of title to the assets and matters incidental thereto
or for any purpose in connection with the auction process plan.
All taxes applicable (including stamp duty implications and registration charges) on sale of the
Assets would be borne by the Successful Bidder.
It is expressly stated that the Liquidator does not take or assume any responsibility for any dues,
statutory or otherwise, of the Company, including such dues, if any, which may affect transfer of
the liquidation assets in the name of the Successful Bidder.
The Bidder shall be responsible for fully satisfying the requirements of the IBC and its related
Regulations as well as all applicable laws that is relevant for the E-Auction. The Successful Bidder
shall be responsible for obtaining requisite regulatory or statutory or third-party approvals, no-
objections, permission or consents, if any, that are or may be required under applicable law for
purchasing the relevant assets.
This Process Memorandum, the auction Process and the other documents pursuant to the Process
Memorandum shall be governed by the laws of India and any dispute arising out of or in relation
to the Process Memorandum or the auction Process shall be subject to the exclusive jurisdiction of
21
the Adjudicating Authority, courts and tribunals at Mumbai, India.
14. TIMELINES
The following timelines shall apply to this Process Memorandum. The timelines may be amended
by the Liquidator through issuance of an addendum to this Process Memorandum.
Note - Above timelines are indicative and the Liquidator reserves the right to modify the same and
giving notice of the same (at the earliest) to the Eligible Bidders who have complied with
requirements of this Process Memorandum.
Note - The timeline for payment of final sale consideration may be extended at the sole discretion
of Liquidator, to the extent permissible under the applicable laws and regulations.
22
15. ANNEXURES
The Following are the annexures for sending the Bid form for bidding for the Assets of the
Company:
ANNEXURE-1
1. Introduction
Expressions of Interest (“EOIs”) are invited from Bidders in the form of Bid document to acquire
Assets of M. P. Enterprises & Associates Limited (In Liquidation) through E -Auction by Subhash
Nathuramka, Liquidator as per details mentioned below.
The E-Auction will be conducted on “AS IS WHERE IS BASIS’’, “AS IS WHAT IS BASIS,
and “WHATEVER THERE IS BASIS’’ through approved e-auction service provider E-
Procurement Technologies Ltd (Auction Tiger).
E-Auction Sale Notice and the Process Memorandum containing Annexures that are required to
23
be submitted for participating in the E-Auction are available on website https://
ncltauction.auctiontiger.net
(On going to the link, https:// ncltauction.auctiontiger.net, Eligible Bidders will have to search
for the mentioned Company by using either one of the two options,
The Bidders may submit their Bids for purchasing the Asset. Details of the Asset and itsReserve Price
is to be read as laid down in Paragraph 8 hereinabove the Process Document.
24
4. Participation Details
The EMD of the Successful Bidders shall be set off/ used as part of
Adjustment of EMD
the total sale consideration.
25
The EMD will be forfeited if the following situation arises:
a) If any of the conditions under this Process Memorandum are
breached by the Eligible Bidder/Successful Bidder or in case the
Eligible Bidder/Successful Bidder is found to have made any
misrepresentation; or
b) if the Eligible Bidder/Successful Bidder is found to be ineligible to
Forfeiture of EMD submit the bid under Section 29A of the IBC (as amended from time
to time) or is found to have made a false or misleading Affidavit cum
Undertaking of eligibility under Section 29A of the IBC (as amended
from time to time); or
c) if the Eligible Bidder/Successful Bidder is found to be, directly or
indirectly or through an agent, engaged in corrupt practice, fraudulent
practice, coercive practice, undesirable practice or restrictive practice
in the E-Auction or has, undertaken any action in respect of such
process which results in the breach of any Applicable Law including
the Prevention of Corruption Act, 1988; or
d) Default in deposit of the sale consideration amount by the
Successful Bidder within the timelines as stipulated under the Process
Memorandum.
Non-submission of the EMD / requisite documents by the Eligible
Bidder on or before the last date stipulated in this document shall lead
Other Conditions
to the disqualification from participation in the E-Auction process.
i. The Liquidator shall provide assistance necessary on best effort basis for the conduct of
physical verification of the Asset by Eligible Bidders. Any information and documents
provided (if available) by the Liquidator, shall be provided in good faith. The Eligible may
note that the Liquidator would not have verified any of the information, data or documents
shared and shall not accept any responsibility or liability, whatsoever, in respect of any
statements or omissions contained in the shared data.
ii. It shall be the responsibility of the Eligible Bidder to inspect the Assets at their own
expenses and satisfy themselves about the condition and title of the Assets before the
submission of the Bid document.
iii. The site visit shall be facilitated by the Liquidator after announcement of eligible bidders till 29th
July 2024 (Monday)
iv. The purpose of the site visit shall be to facilitate the eligible Bidder to ascertain the current
status of the Assets.
The bidder shall submit an affidavit eligibility undertaking u/s 29A of the IBC, 2016 in prescribed
format (Annexure 4) which should be duly notarized by a notary public.
26
7. Generation of User Id for participation in E-Auction through designated service provider.
i. After submission of all documents / EMD by the interested Bidder to the satisfaction of the
Liquidator, M/S E-PROCUREMENT TECHNOLOGIES LIMITED (Auction Tiger),
AHMEDABAD will provide User id and password after due verification of PAN of the
eligible bidders to participate in the E-Auction on the appointed date. i.e. 7th Aug 2024
Wednesday from 11:00 AM to 1:00 PM
ii. Bidders shall hold a valid email ID, email ID is necessary for the eligible Bidder as all the
relevant information and allotment of ID & password by M/S e-Procurement Technologies
Limited, Ahmedabad will be conveyed through e-mail.
i. The sale of the Assets of the Company shall take place through online e-auction service provider,
E-Procurement Technologies Ltd – Auction Tiger via website https://ncltauction.auctiontiger.net
on Wednesday, 7th Aug 2024 from 11:00 A.M. to 01:00 P.M. with unlimited extension of “5
minutes” i.e. the end time of the E-Auction will be extended by 5 minutes each time if a Bid is
made within the last 5 minutes before closure of E-Auction. The Eligible Bidder who submits the
highest Bid amount (not below the reserve price) on closure of E-Auction process shall be
declared as Successful Bidder and a communication to that effect will be issued through
electronic mode which shall be subject to approval by the Liquidator.
The Eligible Bidders may avail online training on e-auction from M/S E-procurement
Technologies Limited prior to the date of e-Auction.
• The sale shall be subject to provisions of IBC, 2016 and Liquidation Process Regulation 2016.
10.1 Neither the Liquidator nor M/S E-procurement Technologies Limited will be held
responsible for any Internet network problem /power failure/ any other technical lapses/failure
etc. In order to ward-off such contingent situation the interest bidders are requested to ensure that they are
technically well equipped with adequate power back-up etc. for successfully participating in the E-
Auction.
10.2 The Liquidator reserves the right to alter, modify or relax any of the terms and conditions
mentioned in this document in the interest of the liquidation process of the Company. Any such
alteration, modification or relaxation shall be binding on the Eligible Bidder
10.3 Bid document with conditional offer will be treated as invalid. Correspondence about any
change / modification in the offer after submission of the Bid document will not be entertained.
If such interested Bidder wishes to give a fresh offer for an Asset before the last date prescribed
for submission of the Bid document in the concerned advertisement, he/she/it may file a fresh
Bid document with appropriate Earnest Money Deposit, that too with prior permission from the
Liquidator.
10.4 Bids not received in the prescribed Bid form or Below Reserve Price or incomplete in any
respect or unsigned or not accompanied by DD/NEFT/RTGS for the requisite EMD are liableto be
summarily rejected at the sole discretion of Liquidator.
10.5 The advertisement is valid for 35 days from the date of advertisement.
10.6 The sale shall be subject to provisions of IBC, 2016 and Liquidation Process Regulations
made thereunder.
10.7 The eligible bidders prior to submitting their bid, should make their independent inquiries
regarding the encumbrances, title of property, claims/rights/dues/affecting the assets, inspect the
assets at their own expenses and satisfy themselves as per point no 5 above.
10.8 The eligible bidder should submit the evidence for EMD deposit and Request letter for
participation in the E- auction along with Self attested copy of:
(1) Proof of identification
(2) Current Address-proof
(3) PAN card
(4) Valid e-mail ID
(5) Contact number
At the office of Liquidator at 401, Darshan CHS Ltd., Raghunath Dadaji Street, Fort,
Mumbai 400001 Mumbai – 400053 or by email at mpent.cirp@gmail.com on or before 5th
Aug 2024 by 5 PM.
10.9 The Liquidator has the absolute right to accept or reject any or all offer (s) or
28
adjourn/postpone/cancel the e-Auction or withdraw any asset or portion thereof from the auction
proceeding at any stage without assigning any reason thereof.
* The timeline for payment of final sale consideration may be extended at the sole discretion of
Liquidator, to the extent permissible under the applicable laws and regulations. In case the final
sale consideration is not paid within the timeline, the Liquidator shall forfeit the EMD.
29
ANNEXURE 2
BID APPLICATION FORM
(Please fill up separate Bid application forms for each Asset)
Date:
To
Mr. Subhash Laxminarayan Nathuramka,
The Liquidator of
M. P. Enterprises & Associates Limited (In Liquidation)
401, Darshan CHS Ltd.,
Raghunath Dadaji Street, Fort,
Mumbai 400001
Sr No-
BID for:
Asset-
I/We /M/s., the Bidder/s, do hereby state that, I/we/M/s. have read the Bid Document and the
terms and conditions of the Bid and the above advertisement and understood them fully.
I/We/M/s. hereby unconditionally agree to conform with and to be bound by the said conditions.
My/Our offer for purchase of the Asset as appearing in the Bid document is as under:
(I) Office
(II) Residence
Identity Proof (Self-attested)
(c) (III) (i) Pan Card*
30
(ii) Aadhaar Card*
(iii) Passport $
(iv) Voter ID Card
(v) Driving License
* Compulsory for Indians
$ Compulsory for NRIs
(Provide Authority letter in case of
Firm or Company)
2. Constitution
(Sole Proprietary/Partnership/Company)
(in case of company/firm, also give names of
Directors / partners with contact numbers)
1. I/We/M/s. do hereby state that, I/We/M/s. have read the entire terms and conditions
governing the auction of Assets of M. P. Enterprises & Associates Limited (In Liquidation),
as specified in the E-Auction Process Memorandum dated July 6, 2024 and have
understood them fully. I/We hereby unconditionally agree to confirm with and to be bound
by the said terms and conditions and agree to take part in the E-Auction process.
2. I/We/M/s. further declare that I/We/M/s. intend to purchase the above referred Asset from
the Liquidator for my/our own use / business and that the information revealed by me/us in
this Bid Form is true and correct to the best of my/our knowledge and belief.
3. I/We/M/s. certify that I/We/M/s. am/are eligible to purchase the assets of the Company,
under Sec.29A read with Sec.35 (1) (f) of IBC 2016, Affidavit cum Undertaking (Annexure
4)for same is enclosed herewith.
4. I/We/M/s. also enclose copies of the required KYC documents. I/We request you to kindly
verify the same and arrange with the auction portals for issue of an ID and password for us
to enable us to take part in the E-Auction.
5. I/We/M/s. agree if any of the statement / information revealed by me/us is found incorrect,
my/our Bid document is liable to be cancelled and, in such case, the Earnest Money Deposit
paid by me/us is liable to be forfeited by the Liquidator and the Liquidator is at liberty to
annul the offer made to me/us at any point of time.
6. I/We /M/s. also agree that after my/our offer given in my/our bid for purchase of an asset(s)
is accepted by the Liquidator. If I/We/M/s. fail to accept the terms and conditions of the
Offer letter & Process memorandum or am/are not able to complete the transaction within
the time limit specified in the Process Memorandum for any reason whatsoever and / or fail
to fulfil any/all the terms and conditions of the Process Memorandum, the Earnest Money
Deposit paid by me/us along with the Bid document is liable to be forfeited by the
Liquidator and that the Liquidator has also a right to proceed against me / us for specific
performance of the contract.
7. I/We/M/s. will not claim any interest from the date of submission of offer in case the
process of sale is delayed for any reason.
31
8. I/ We understand that the Earnest Money of all Bidders shall be retained by the Liquidator
and returned only after the conclusion of the auction process as per the timelines mentioned.
I/We state that I/We have fully understood the terms and conditions therein and agree to be
bound by the same.
9. The general terms and conditions of sale are received, read and acceptable to me / us.
(M/s. )
c. Authority Letter of the authorized representative bidding in case of any bidder other than
proprietorship firm given under point 1(C)(III).
d. Affidavit under section 29A read with Section 35 (1) (f) of IBC 2016 (Annexure 4).
32
ANNEXURE -3
BID Declaration Form
To,
Mr. Subhash Laxminarayan Nathuramka,
The Liquidator of
M. P. Enterprises & Associates Limited (In Liquidation )
401, Darshan CHS Ltd.,
Raghunath Dadaji Street, Fort,
Mumbai 400001
Dear Sir,
1. I/We, (insert name and address of the Bidder) aforesaid do hereby state that, I/We
have read the entire terms and conditions for the sale of the assets of the Company and have
understood them fully. I/We, hereby unconditionally agree to confirm with and to be bound
by the said terms and conditions.
2. I/We confirm that our participation in the e-auction process, submission of bid or
acquisition of the company/assets pursuant to the provisions of the E - Auction Process
Document will not conflict with, or result in a breach of, or constitute a default under (i) our
constitutional documents; or (ii) any applicable laws applicable to me/us; or (iii) any
authorisation or approval of any government agency or body applicable to me/us; or (iv)
any judgement, order, injunction, decree, or ruling of any court or governmental authority,
domestic or foreign binding on me/us; or (v) any agreement to which I am / we are a party
or by which I am / we are bound.
3. That the Liquidator reserves the right to request for additional information or
clarification from us in relation to our proposal and we shall promptly comply with such
requirements. Failure to satisfy the queries of the Liquidator within the given timelines may
lead to rejection of our proposal.
4. That submission of our proposal alone does not automatically entitle us to participate
in the next stage of the bid process. The decision taken by the Liquidator with respect to the
selection of the Eligible Bidder and communicated to us shall be binding on me/us. We
acknowledge that the Liquidator reserve the right to determine at his/her sole discretion,
whether or not we qualify for the submission of the proposal and may reject our proposal
without assigning any reason whatsoever.
33
5. I/We hereby confirm that I/we are not ineligible to purchase the company or its assets
under Section 29A read with Section 35 (1) (f) of the Insolvency and Bankruptcy Code,
2016.
Name:
Address:
Email:
Contact Number:
Enclosures:
c. Documents evidencing the identity and address proof of the Proprietorship / Partnership
firm / Limited Liability Partnership / Company
34
ANNEXURE 4
AFFIDAVIT CUM UNDERTAKING BY THE BIDDER
(to be duly filled, signed and notarized by the notary office by the Bidder along with Bid form)
[On the letter head of the Bidder (by each member of the consortium if applicable)]
To,
Mr. Subhash Laxminarayan Nathuramka,
The Liquidator of
M. P. Enterprises & Associates Limited (In Liquidation )
401, Darshan CHS Ltd.,
Raghunath Dadaji Street, Fort,
Mumbai 400001
Dear Sir,
Sub: Affidavit cum Undertaking under the Insolvency and Bankruptcy Code 2016
I [Insert name of the authorized person of the Bidder], son of/ daughter of [●], aged about [●]
years, currently residing at [Address to be inserted] and having Aadhaar / Passport number [●],
an authorised officer of [name of the Bidder] having [registered] office at [ ] (“Bidder”,
a term which also includes any person acting jointly with the Bidder), on behalf of the Bidder,
do solemnly affirm and state to Mr. Subhash Laxminarayan Nathuramka, the Liquidator of M. P.
Enterprises & Associates Limited (“Company/Corporate Debtor”) as follows:
1. That none of the Bidder or any person acting jointly or in concert with the Bidder:
is not in-eligible to participate for the E-Auction pursuant to Section 29A read with Section 35
(1) (f) of the Insolvencyand Bankruptcy Code, 2016 (“Code” or “IBC”);
36
the Financial Action Task Force Standards and is a signatory to the International
Organisation of Securities Commissions Multilateral Memorandum of Understanding;
(c) any investment vehicle, registered foreign institutional investor, registered foreign
portfolio investor or a foreign venture capital investor, where the terms shall have the
meaning assigned to them in regulation 2 of the Foreign Exchange Management (Transfer
or Issue of Security by a Person Resident Outside India) Regulations, 2017 made under the
Foreign Exchange Management Act, 1999 (42 of 1999);
(d) an asset reconstruction company register with the Reserve Bank of India under section 3
of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security
Interest Act, 2002 (54 of 2002);
(e) an Alternate Investment Fund registered with Securities and Exchange Board of India;
(f) such categories of persons as may be notified by the Central Government.
2. That the Auction Participant unconditionally and irrevocably undertakes that it shall
provide all data, documents and information as may be required to verify the statements
made under this Affidavit.
3. That in the event any of the above statements are found to be untrue, incomplete or
incorrect, then the Bidder unconditionally agrees to indemnify and hold harmless the
Liquidator against any losses, claims or damages incurred by the Liquidator on account of
such ineligibility of the Bidder.
4. That the list of the connected persons of the Bidder set out in hereto is exhaustive and
complete in all respects and the names of all the connected persons of the Bidder have been
set out thereunder without any omission whatsoever.
5. I/We declare and undertake that in case the Bidder or the person acting jointly with it or
any of the connected person(s)] becomes ineligible at any stage during the Liquidation
Process, it would inform the Liquidator forthwith on becoming ineligible.
6. I/We also undertake that in case the Bidder or the person acting jointly with it or any of the
connected person(s)] becomes ineligible at any time during the auction/bid process for sale
of assets of the Company including after submission of Earnest Money Deposit (“EMD”)
towards bid, then the EMD would be forfeited and the same would be deposited in the
account of M. P. Enterprises & Associates Limited In Liquidation.
7. I/We also further undertake that my/our Bid amount will remain binding unless rejected by
the Liquidator.
8. I/We confirm that the said Affidavit and disclosure is true and correct and I/We agree to
compensate the Liquidator for any cost incurred in relation to ascertaining the veracity of
this Affidavit.
9. I/We am/are duly authorized to submit this Affidavit by virtue of [●]. The said document
is true, valid and genuine to the best of my/our knowledge, information and belief.
Capitalized terms used herein but not defined otherwise shall have meaning prescribed to them
37
under Process Memorandum.
Yours Sincerely
Designation
38
ON RS.600/- STAMP PAPER
AFFIDAVIT
Solemnly, affirmed at (Insert Place) on --------------day, the ……………. day of ............. 2023
Before me
39
Date:
To,
Mr. Subhash Laxminarayan Nathuramka,
The Liquidator of
M. P. Enterprises & Associates Limited (In Liquidation)
401, Darshan CHS Ltd.,
Raghunath Dadaji Street, Fort,
Mumbai 400001
I/We/ M/s am desirous in participating in the E-Auction of assets of M. P. Enterprises & Associates
Limited (In Liquidation)announced by you in the newspaper publication dated
……………………………. In ................................................................. (name of media journal).
Sr No-
BID for:
Asset-
I/We /M/s., the Bidder/s, do hereby state that, I/we/M/s. have read the Bid Document and the
terms and conditions of the Bid and the above advertisement and understood them fully.
I/We/M/s. hereby unconditionally agree to conform with and to be bound by the said conditions.
My/Our offer for purchase of the Asset as appearing in the Bid document is as under:
1 (a) Full Name of the Bidder with Telephone Nos.
Mobile Nos.
E-mail ID.
(I) Office
(II) Residence
Details of EMD
(i) Mode of Payment DD/RTGS/NEFT
40
2 (ii) DD No./UTR No. in case of RTGS/NEFT
(iii) Date
(iv) Bank & Branch Name
(v) Amount deposited
3
1. I/We request you to kindly verify the same and arrange with the auction portals for issue
of an ID and password for us to enable us to take part in the E-Auction.
2. I/We/M/s. agree if any of the statement / information revealed by me/us is found incorrect,
my/our Bid document is liable to be cancelled and, in such case, the Earnest Money Deposit
paid by me/us is liable to be forfeited by the Liquidator and the Liquidator is at liberty to
annul the offer made to me/us at any point of time.
3. I/We /M/s. also agree that after my/our offer given in my/our bid for purchase of an asset(s)
is accepted by the Liquidator. If I/We/M/s. fail to accept the terms and conditions of the
Offer letter & Process memorandum or am/are not able to complete the transaction within
the time limit specified in the Process Memorandum for any reason whatsoever and / or fail
to fulfil any/all the terms and conditions of the Process Memorandum, the Earnest Money
Deposit paid by me/us along with the Bid document is liable to be forfeited by the
Liquidator and that the Liquidator has also a right to proceed against me / us for specific
performance of the contract.
4. I/We/M/s. will not claim any interest from the date of submission of offer in case the
process of sale is delayed for any reason.
5. I/ We understand that the Earnest Money of all Bidders shall be retained by the
6. Liquidatorand returned only after the conclusion of the auction process as per the timelines
mentioned.I/We state that I/We have fully understood the terms and conditions therein and
agree to bebound by the same.
41
The general terms and conditions of sale are received, read and acceptable to me / us. NOTE:
Each page of this form shall be duly signed by bidder.
Place:
Date:
(M/s. )
Name
Designation
42
ANNEXURE 6
DESCRIPTION OF ASSETS
Vehicles
43
BEST,
Mumbai
11. Anik
Depot,
BEST,
MH03CV4887 Mumbai Oct-19
12. Anik
Depot,
BEST,
MH03CV4888 Mumbai Oct-19
13. Anik
Depot,
BEST,
MH03CV4890 Mumbai Oct-19
14. Anik
Depot,
BEST,
MH03CV4891 Mumbai Oct-19
15. Anik
Depot,
BEST,
MH03CV4892 Mumbai Oct-19
16. Anik
Depot,
BEST,
MH03CV4893 Mumbai Oct-19
17. Anik
Depot,
BEST,
MH03CV4894 Mumbai Oct-19
18. Anik
Depot,
BEST,
MH03CV4895 Mumbai Oct-19
19. Anik
Depot,
BEST,
MH03CV4896 Mumbai Oct-19
20. Anik
Depot,
BEST,
MH03CV4897 Mumbai Oct-19
21. Anik
Depot,
BEST,
MH03CV4898 Mumbai Oct-19
22. Anik
Depot,
BEST,
MH03CV4899 Mumbai Oct-19
23. Anik
Depot,
BEST,
MH03CV4901 Mumbai Oct-19
24. Anik
MH03CV4902 Depot, Oct-19
44
BEST,
Mumbai
25. Anik
Depot,
BEST,
MH03CV4903 Mumbai Oct-19
26. Anik
Depot,
BEST,
MH03CV4904 Mumbai Oct-19
27. Anik
Depot,
BEST,
MH03CV4905 Mumbai Oct-19
28. Anik
Depot,
BEST,
MH03CV4906 Mumbai Sep-19
29. Anik
Depot,
BEST,
MH03CV4907 Mumbai Oct-19
30. Anik
Depot,
BEST,
MH03CV4908 Mumbai Oct-19
31. Anik
Depot,
BEST,
MH03CV4909 Mumbai Oct-19
32. Anik
Depot,
BEST,
MH03CV4910 Mumbai Oct-19
33. Anik
Depot,
BEST,
MH03CV4914 Mumbai Oct-19
34. Anik
Depot,
BEST,
MH03CV4915 Mumbai Oct-19
35. Anik
Depot,
BEST,
MH03CV4916 Mumbai Oct-19
36. Anik
Depot,
BEST,
MH03CV4917 Mumbai Oct-19
37. Anik
Depot,
BEST,
MH03CV4918 Mumbai Oct-19
38. Anik
MH03CV4919 Depot, Oct-19
45
BEST,
Mumbai
39. Anik
Depot,
BEST,
MH03CV4920 Mumbai Oct-19
40. Anik
Depot,
BEST,
MH03CV4921 Mumbai Oct-19
41. Anik
Depot,
BEST,
MH03CV4958 Mumbai Oct-19
42. Anik
Depot,
BEST,
MH03CV4959 Mumbai Oct-19
43. Anik
Depot,
BEST,
MH03CV4960 Mumbai Oct-19
44. Anik
Depot,
BEST,
MH03CV4966 Mumbai Oct-19
45. Anik
Depot,
BEST,
MH03CV4967 Mumbai Oct-19
46. Anik
Depot,
BEST,
MH03CV4969 Mumbai Oct-19
47. Anik
Depot,
BEST,
MH03CV4970 Mumbai Oct-19
48. Anik
Depot,
BEST,
MH03CV4972 Mumbai Oct-19
49. Anik
Depot,
BEST,
MH03CV4973 Mumbai Oct-19
50. Anik
Depot,
BEST,
MH03CV4974 Mumbai Oct-19
51. Anik
Depot,
BEST,
MH03CV5940 Mumbai Dec-19
52. Anik
MH03CV5941 Depot, Dec-19
46
BEST,
Mumbai
53. Anik
Depot,
BEST,
MH03CV5943 Mumbai Dec-19
54. Anik
Depot,
BEST,
MH03CV5944 Mumbai Dec-19
55. Anik
Depot,
BEST,
MH03CV5945 Mumbai Dec-19
56. Anik
Depot,
BEST,
MH03CV5946 Mumbai Dec-19
57. Anik
Depot,
BEST,
MH03CV5947 Mumbai Dec-19
58. Anik
Depot,
BEST,
MH03CV5948 Mumbai Dec-19
59. Anik
Depot,
BEST,
MH03CV5949 Mumbai Dec-19
60. Anik
Depot,
BEST,
MH03CV5950 Mumbai Dec-19
61. Anik
Depot,
BEST,
MH03CV5951 Mumbai Dec-19
62. Anik
Depot,
BEST,
MH03CV5953 Mumbai Dec-19
63. Anik
Depot,
BEST,
MH03CV5954 Mumbai Dec-19
64. Anik
Depot,
BEST,
MH03CV5955 Mumbai Dec-19
65. Anik
Depot,
BEST,
MH03CV5967 Mumbai Dec-19
66. Anik
MH03CV5968 Depot, Dec-19
47
BEST,
Mumbai
67. Anik
Depot,
BEST,
MH03CV5969 Mumbai Dec-19
68. Anik
Depot,
BEST,
MH03CV5970 Mumbai Dec-19
69. Anik
Depot,
BEST,
MH03CV5971 Mumbai Dec-19
70. Anik
Depot,
BEST,
MH03CV5972 Mumbai Dec-19
71. Anik
Depot,
BEST,
MH03CV5974 Mumbai Dec-19
72. Anik
Depot,
BEST,
MH03CV5975 Mumbai Dec-19
73. Anik
Depot,
BEST,
MH03CV5977 Mumbai Dec-19
74. Anik
Depot,
BEST,
MH03CV5978 Mumbai Dec-19
75. Anik
Depot,
BEST,
MH03CV5979 Mumbai Dec-19
76. Anik
Depot,
BEST,
MH03CV5980 Mumbai Dec-19
77. Anik
Depot,
BEST,
MH03CV5996 Mumbai Dec-19
78. Anik
Depot,
BEST,
MH03CV6009 Mumbai Dec-19
79. Anik
Depot,
BEST,
MH03CV6026 Mumbai Dec-19
80. Anik
MH03CV6027 Depot, Dec-19
48
BEST,
Mumbai
81. Anik
Depot,
BEST,
MH03CV6028 Mumbai Dec-19
82. Anik
Depot,
BEST,
MH03CV6029 Mumbai Dec-19
83. Anik
Depot,
BEST,
MH03CV6030 Mumbai Dec-19
84. Anik
Depot,
BEST,
MH03CV6031 Mumbai Dec-19
85. Anik
Depot,
BEST,
MH03CV6032 Mumbai Dec-19
86. Anik
Depot,
BEST,
MH03CV6035 Mumbai Dec-19
87. Anik
Depot,
BEST,
MH03CV6036 Mumbai Dec-19
88. Anik
Depot,
BEST,
MH03CV6037 Mumbai Dec-19
89. Anik
Depot,
BEST,
MH03CV6038 Mumbai Dec-19
90. Anik
Depot,
BEST,
MH03CV7388 Mumbai Feb-20
91. Anik
Depot,
BEST,
MH03CV7390 Mumbai Jan-20
92. Anik
Depot,
BEST,
MH03CV7392 Mumbai Jan-20
93. Anik
Depot,
BEST,
MH03CV7398 Mumbai Jan-20
94. Anik
MH03CV7403 Depot, Jan-20
49
BEST,
Mumbai
95. Anik
Depot,
BEST,
MH03CV7405 Mumbai Jan-20
96. Anik
Depot,
BEST,
MH03CV7408 Mumbai Jan-20
97. Anik
Depot,
BEST,
MH03CV7423 Mumbai Jan-20
98. Anik
Depot,
BEST,
MH03CV7425 Mumbai Jan-20
99. Anik
Depot,
BEST,
MH03CV7426 Mumbai Jan-20
100. Anik
Depot,
BEST,
MH03CV7427 Mumbai Jan-20
101. Anik
Depot,
BEST,
MH03CV7430 Mumbai Jan-20
102. Anik
Depot,
BEST,
MH03CV7434 Mumbai Jan-20
103. Anik
Depot,
BEST,
MH03CV7443 Mumbai Jan-20
104. Anik
Depot,
BEST,
MH03CV7444 Mumbai Jan-20
105. Anik
Depot,
BEST,
MH03CV7445 Mumbai Jan-20
106. Anik
Depot,
BEST,
MH03CV7446 Mumbai Jan-20
107. Anik
Depot,
BEST,
MH03CV7447 Mumbai Jan-20
108. Anik
MH03CV7448 Depot, Jan-20
50
BEST,
Mumbai
109. Anik
Depot,
BEST,
MH03CV7449 Mumbai Jan-20
110. Anik
Depot,
BEST,
MH03CV7614 Mumbai Feb-20
111. Anik
Depot,
BEST,
MH03CV7616 Mumbai Feb-20
112. Anik
Depot,
BEST,
MH03CV7621 Mumbai Feb-20
113. Anik
Depot,
BEST,
MH03CV7623 Mumbai Jan-20
114. Anik
Depot,
BEST,
MH03CV7625 Mumbai Jan-20
115. Anik
Depot,
BEST,
MH03CV7626 Mumbai Feb-20
116. Anik
Depot,
BEST,
MH03CV7627 Mumbai Jan-20
2 Full lot comprising Located 43
of following nos at Sagar
Complex
Mankoli 3,13,00,000 32,00,000 3,00,000
Model No Year
of
man
ufact
urin
g
1. Sagar
Complex Tata LP 712 Oct-
MH04FK1762 Mankoli EX/42 BS3 BUS 10
2. Ashok Leyland
Sagar ALPSV
Complex 4/170/244 WB Jan-
MH04FK2956 Mankoli BS3 14
3. Ashok Leyland
Sagar ALPSV
Complex 4/170/244 WB Jan-
MH04FK2957 Mankoli BS3 14
51
4. Sagar Ashok Leyland
Complex ALPSV
Mankoli 4/170/244 WB Jan-
MH04FK2976 BS3 14
5. Ashok Leyland
Sagar ALPSV
Complex 4/170/244 WB Feb-
MH04FK3071 Mankoli BS3 14
6. Ashok Leyland
Sagar ALPSV
Complex 4/170/244 WB Feb-
MH04FK3073 Mankoli BS3 14
7. Ashok Leyland
Sagar ALPSV
Complex 4/170/244 WB Feb-
MH04FK3076 Mankoli BS3 14
8. Ashok Leyland
Sagar ALPSV
Complex 4/170/244 WB Mar-
MH04GP0023 Mankoli BS3 17
9. Ashok Leyland
Sagar ALPSV
Complex 4/170/244 WB Feb-
MH04GP0024 Mankoli BS3 14
10. Sagar Tata Motors LPO
Complex 7.5 T STARBUS Apr-
MH04GP0840 Mankoli SKOOL BSIII 15
11. Sagar Force Motors
Complex TRAVELLER Jan-
MH04GP1310 Mankoli TD22 BS3 15
12. Sagar EICHER
Complex SKYLINE PRO Jun-
MH04GP2175 Mankoli 3008 H BUS 16
13. Sagar EICHER
Complex SKYLINE PRO Jun-
MH04GP2176 Mankoli 3008 H BUS 16
14. Sagar EICHER
Complex SKYLINE PRO Jun-
MH04GP2181 Mankoli 3008 H BUS 16
15. Sagar Force Motors T1
Complex MB 3700 BS4 Aug-
MH04GP2184 Mankoli TD2650 17D ABS 16
16. Sagar Force Motors T1
Complex MB 3700 BS4 Aug-
MH04GP2185 Mankoli TD2650 17D ABS 16
17. Sagar
Complex EICHER PRO Jan-
MH04HY0122 Mankoli 3009 L BUS 45 S 17
18. Sagar
Complex EICHER PRO Oct-
MH04HY0125 Mankoli 3008 H BUS 37 S 16
19. Sagar
Complex EICHER PRO Feb-
MH04HY1676 Mankoli 3008 H BUS 37 S 17
52
20. Sagar
Complex EICHER PRO Feb-
MH04HY1677 Mankoli 3008 H BUS 37 S 17
21. Sagar
Complex EICHER PRO Feb-
MH04HY1678 Mankoli 3009 L BUS 45 S 17
22. Sagar
Complex Ashok Leyland Mar-
MH04JK6307 Mankoli 2518C/4 18
23. Sagar
Complex Ashok Leyland May-
MH04JK6714 Mankoli 2518C/4 18
24. Sagar Eicher 20.15 RHD
Complex N COWL Jun-
MH06S9114 Mankoli CHASSIS BS2 12
25. Sagar Eicher 20.15 RHD
Complex N COWL Dec-
MH06S9116 Mankoli CHASSIS BS2 12
26. Sagar Eicher 20.15 RHD
Complex N COWL Oct-
MH06S9118 Mankoli CHASSIS BS2 12
27. Sagar Eicher 20.15 RHD
Complex N COWL Oct-
MH06S9120 Mankoli CHASSIS BS2 12
28. Sagar Eicher 20.15 RHD
Complex N COWL Oct-
MH06S9122 Mankoli CHASSIS BS2 12
29. Sagar Eicher 20.15 RHD
Complex N COWL Oct-
MH06S9131 Mankoli CHASSIS BS2 12
30. Sagar Eicher 20.15 RHD
Complex N COWL Nov-
MH06S9135 Mankoli CHASSIS BS2 12
31. Sagar Eicher 20.16 M
Complex CBC PS LR HDS Nov-
MH06S9140 Mankoli BS3 13
32. Sagar Eicher 20.15 RHD
Complex N COWL Nov-
MH06S9141 Mankoli CHASSIS BS2 12
33. Sagar
Complex Ashok Leyland Aug-
MH06S9301 Mankoli ALFBV 6/1 14
34. Sagar
Complex Ashok Leyland Jul-
MH06S9302 Mankoli ALFBV 6/1 14
35. Sagar Ashok Leyland
Complex LYNX ALFBV
MH12KQ0051 Mankoli 6/1 BSIII
36. Sagar Ashok Leyland
Complex LYNX ALFBV
MH12KQ0060 Mankoli 6/1 BSIII
53
37. Sagar Ashok Leyland
Complex LYNX ALFBV
MH12KQ0105 Mankoli 6/1 BSIII
38. Sagar Ashok Leyland
Complex LYNX ALFBV Nov-
MH12KQ0114 Mankoli 6/1 BSIII 13
39. Sagar Ashok Leyland
Complex LYNX ALFBV Nov-
MH12KQ0132 Mankoli 6/1 BSIII 13
40. Sagar Ashok Leyland
Complex LYNX ALFBV Nov-
MH12KQ0159 Mankoli 6/1 BSIII 13
41. Sagar Ashok Leyland
Complex LYNX ALFBV Nov-
MH12KQ0195 Mankoli 6/1 BSIII 13
42. Sagar Ashok Leyland
Complex LYNX ALFBV
MH12KQ0366 Mankoli 6/1 BSIII
43. Sagar Ashok Leyland
Complex LYNX ALFBV
MH12KQ2058 Mankoli 6/1 BSIII
Reserve EMD Incremen
Vehicle Location Price tal Bid
Sr.No. Registration Model Qty. Rs.
Rs. Amount
Number
Rs.
3 Full lot comprising Suryodya Manufacturer 10
of following nos Yard Tata Motors Ltd.
Katraj Tata LPO 1515
Pune (manufacturing
year 2018) 95,40,000 10,00,000 2,00,000
1. Suryodya
Yard
Katraj TATA LPO 1515
MH06BW2435 Pune TC BS-IV
2. Suryodya
Yard
Katraj TATA LPO 1515
MH06BW2507 Pune TC BS-IV
3. Suryodya
Yard
Katraj TATA LPO 1515
MH06BW2508 Pune TC BS-IV
4. Suryodya
Yard
Katraj TATA LPO 1515
MH06BW2617 Pune TC BS-IV
5. Suryodya
Yard
Katraj TATA LPO 1515
MH06BW2671 Pune TC BS-IV
6. Suryodya TATA LPO 1515
MH06BW2675 Yard TC BS-IV
54
Katraj
Pune
7. Suryodya
Yard
Katraj TATA LPO 1515
MH06BW2676 Pune TC BS-IV
8. Suryodya
Yard
Katraj TATA LPO 1515
MH06BW2677 Pune TC BS-IV
9. Suryodya
Yard
Katraj
MH12KQ5472 Pune TATA LP 1512
10. Suryodya
Yard
Katraj
MH12QW1645 Pune TATA STARBUS
4 Full lot comprising Tata Motors LPO
of following nos Kervy 1613 CRI6 BS-IV,
Institute LPO 1515 TC 48
Pune BSIV, LPO 1512
TC/55 4,65,44,000 47,00,000 4,00,000
55
11. Kervy
Institute TATA LPO 1515 Nov-
MH06BW2680 Pune TC BS-IV 18
12. Kervy
Institute TATA LPO 1515 Nov-
MH06BW2810 Pune TC BS-IV 18
13. Kervy
Institute TATA LPO 1515 Nov-
MH06BW2814 Pune TC BS-IV 18
14. Kervy
Institute TATA LPO 1515 Nov-
MH06BW2816 Pune TC BS-IV 18
15. Kervy
Institute TATA LPO 1515 Nov-
MH06BW2818 Pune TC BS-IV 18
16. Kervy
Institute TATA LPO 1515 Nov-
MH06BW2820 Pune TC BS-IV 18
17. Kervy
Institute TATA LPO 1515 May-
MH06BW2823 Pune TC BS-IV 18
18. Kervy
Institute TATA LPO 1515 Nov-
MH06BW3041 Pune TC BS-IV 18
19. Kervy
Institute TATA LPO 1515 Nov-
MH06BW3190 Pune TC BS-IV 18
20. Kervy
Institute Jun-
MH12KQ2751 Pune LPO 1512TC/55 15
21. Kervy
Institute Jun-
MH12KQ2752 Pune LPO 1512TC/55 15
22. Kervy
Institute Jun-
MH12KQ2756 Pune LPO 1512TC/55 15
23. Kervy
Institute Jun-
MH12KQ2759 Pune LPO 1512TC/55 15
24. Kervy TATA
Institute CITYRIDEEX Sep-
MH12QG1421 Pune 32+1 LP712 BS4 17
25. Kervy
Institute Mar-
MH12SF3493 Pune ALPSV 4/251 19
26. Kervy
Institute TATA LPO 1515 Nov-
MH12SF7029 Pune TC BS-IV 18
27. Kervy
Institute TATA LPO 1515 Nov-
MH12SF7031 Pune TC BS-IV 18
28. Kervy
Institute
MH14CD0528 Pune TATA
56
29. Kervy
Institute LPO 1613 CRI6 Apr-
MH14GD3656 Pune BS-IV 17
30. Kervy
Institute LPO 1613 CRI6 Apr-
MH14GD3657 Pune BS-IV 17
31. Kervy
Institute LPO 1613 CRI6 Apr-
MH14GD3658 Pune BS-IV 17
32. Kervy
Institute LPO 1613 CRI6 Apr-
MH14GD3659 Pune BS-IV 17
33. Kervy
Institute LPO 1613 CRI6 Apr-
MH14GD3661 Pune BS-IV 17
34. Kervy
Institute LPO 1613 CRI6 Apr-
MH14GD4764 Pune BS-IV 17
35. Kervy
Institute LPO 1613 CRI6 Apr-
MH14GD4766 Pune BS-IV 17
36. Kervy
Institute LPO 1613 CRI6 Apr-
MH14GD4768 Pune BS-IV 17
37. Kervy
Institute LPO 1613 CRI6 Apr-
MH14GD4769 Pune BS-IV 17
38. Kervy
Institute LPO 1613 CRI6 Apr-
MH14GD4772 Pune BS-IV 17
39. Kervy
Institute LPO 1613 CRI6 Apr-
MH14GD4773 Pune BS-IV 17
40. Kervy
Institute LPO 1613 CRI6 Apr-
MH14GD4775 Pune BS-IV 17
41. Kervy
Institute LPO 1613 CRI6 Apr-
MH14GD4778 Pune BS-IV 17
42. Kervy
Institute LPO 1613 CRI6 Apr-
MH14GD4780 Pune BS-IV 17
43. Kervy
Institute LPO 1613 CRI6 Apr-
MH14GD6765 Pune BS-IV 17
44. Kervy
Institute LPO 1613 CRI6 Apr-
MH14GD6766 Pune BS-IV 17
45. Kervy
Institute LPO 1613 CRI6 Apr-
MH14GD6769 Pune BS-IV 17
46. Kervy
Institute LPO 1613 CRI6 Apr-
MH14GD6896 Pune BS-IV 17
57
47. Kervy
Institute LPO 1613 CRI6 May-
MH14GD6897 Pune BS-IV 17
48. Kervy
Institute LPO 1613 CRI6 Apr-
MH14GD7673 Pune BS-IV 17
5Full lot comprising Kervy
Force Motors
of following nos Institute 14
Traveller T1
Pune 78,12,400 8,00,000 2,00,000
1. Kervy
Force Motors
Institute Nov-
Traveller T1
MH12PQ4651 Pune 17
2. Kervy
Force Motors
Institute Aug-
Traveller T1
MH12PQ8317 Pune 17
3. Kervy
Force Motors
Institute Sep-
Traveller T1
MH12PQ8319 Pune 17
4. Kervy
Force Motors
Institute Sep-
Traveller T1
MH12PQ8320 Pune 17
5. Kervy
Force Motors
Institute Feb-
Traveller T1
MH12PQ8678 Pune 18
6. Kervy
Force Motors
Institute Feb-
Traveller T1
MH12PQ8679 Pune 18
7. Kervy
Force Motors
Institute Jan-
Traveller T1
MH12PQ8680 Pune 18
8. Kervy
Force Motors
Institute Feb-
Traveller T1
MH12PQ8681 Pune 18
9. Kervy
Force Motors
Institute Feb-
Traveller T1
MH12PQ8682 Pune 18
10. Kervy
Force Motors
Institute Jan-
Traveller T1
MH12PQ8765 Pune 18
11. Kervy
Force Motors
Institute Feb-
Traveller T1
MH12PQ8766 Pune 18
12. Kervy
Force Motors
Institute Jan-
Traveller T1
MH12PQ8767 Pune 18
13. Kervy
Force Motors
Institute Feb-
Traveller T1
MH12PQ8769 Pune 18
14. Kervy
Force Motors
Institute Feb-
Traveller T1
MH12PQ8849 Pune 18
6Full lot comprising Aundh LPO 1613 5.7 SGI
of following nos Jakat CNG/55 BS-IV,
Naka One Indica, One 18
Pune Tata Yodha 2,28,00,000 23,00,000 3,00,000
58
1. Aundh
Jakat
Naka
MH12GT2014 Pune Tata Yodha
2. Aundh
Jakat
Naka INDICA VISTA Sep-
MH12KN0267 Pune LS TDI 13
3. Aundh
Jakat
Naka LPO 1613 5.7 SGI Dec-
MH12SF7252 Pune CNG/55 BS-IV 19
4. Aundh
Jakat
Naka LPO 1613 5.7 SGI Jan-
MH12SF7274 Pune CNG/55 BS-IV 20
5. Aundh
Jakat
Naka LPO 1613 5.7 SGI Dec-
MH12SF7279 Pune CNG/55 BS-IV 19
6. Aundh
Jakat
Naka LPO 1613 5.7 SGI Dec-
MH12SF7280 Pune CNG/55 BS-IV 19
7. Aundh
Jakat
Naka LPO 1613 5.7 SGI Dec-
MH12SF7282 Pune CNG/55 BS-IV 19
8. Aundh
Jakat
Naka LPO 1613 5.7 SGI Dec-
MH12SF7360 Pune CNG/55 BS-IV 19
9. Aundh
Jakat
Naka LPO 1613 5.7 SGI Dec-
MH12SF7363 Pune CNG/55 BS-IV 19
10. Aundh
Jakat
Naka LPO 1613 5.7 SGI Jan-
MH12SF7366 Pune CNG/55 BS-IV 20
11. Aundh
Jakat
Naka LPO 1613 5.7 SGI Dec-
MH12SF7381 Pune CNG/55 BS-IV 19
12. Aundh
Jakat
Naka LPO 1613 5.7 SGI Jan-
MH12SF7385 Pune CNG/55 BS-IV 20
13. Aundh
Jakat
Naka LPO 1613 5.7 SGI Jan-
MH12SF7389 Pune CNG/55 BS-IV 20
14. Aundh
Jakat
Naka LPO 1613 5.7 SGI Dec-
MH12SF7396 Pune CNG/55 BS-IV 19
59
15. Aundh
Jakat
Naka LPO 1613 5.7 SGI Jan-
MH12SF7421 Pune CNG/55 BS-IV 20
16. Aundh
Jakat
Naka LPO 1613 5.7 SGI Dec-
MH12SF7422 Pune CNG/55 BS-IV 19
17. Aundh
Jakat
Naka LPO 1613 5.7 SGI Dec-
MH12SF7425 Pune CNG/55 BS-IV 19
18. Aundh
Jakat
Naka LPO 1613 5.7 SGI Jan-
MH12SF7428 Pune CNG/55 BS-IV 20
7 MH06BW2815 Sai
Samrat
Hotel Tata LPO 1515 TC
Raigarh BS-IV 12,76,000 1,30,000 25,000
8 Krishna
Parking
MH12SF7269 Yard Loni LPO 1613 5.7 SGI
MH12SF7382 Kalbhor CNG/55 BS-IV
MH12SF7291 Haveli
Pune 43,08,000 4,30,000 1,00,000
9 ICICI
LPO 1512TC/55
MH12KQ4572 bank
BSIII
Yard 8,12,000 81,000 25,000
1 Shriram
0 auto
mall phat Tata LPO 1515 TC
MH06BW3039
a BS-IV
chowk pa
nvel 12,76,000 1,30,000 25,000
1 Krishna
1 Parking LPO 1613 CRI6
MH14GD4774
Yard BS-IV
Moshi 9,60,000 1,00,000 25,000
1 Shriram
2 Automall Tata LPO 1515
MH06BW2434
India Ltd TC BS-IV
Khalapur 12,76,000 1,30,000 25,000
1 Krishna
3 MH12SF7402, Parking
LPO 1613 5.7 SGI
MH12SF7392, Yard
CNG/55 BS-IV
MH12SF7410 Pune Loni
Kalbhor 43,64,000 4,40,000 1,00,000
1 Loni toll
4 nakka,
LPO 1613 5.7 SGI
MH12SF7388 Tal :
CNG/55 BS-IV
Haveli
Pune 12,68,000 1,30,000 25,000
60
1 Suryodya
Tata LPO 1515 TC
5 MH06BW2674 Yard
BS-IV
Panvel 12,76,000 1,30,000 25,000
61