Property Description :
Corporate debtor as a whole. (as a going concern basis)
Included assets:
1. Flat no. 514 in 5th floor Kanakadhara The Land Mark in sy no. 386, 387, 388 & 389 of
Old Kara village, Near Saket, Kapra 500062 (1759 sft.)
2. Entire current assets of the company both present and future including book debts /
receivables, bills whether documentary or clean, outstanding monies both present and
future, due from M/s UP Rajkiya Nirman Nigam Limited (UPRNNL) for the turnkey
projects / other projects.
The below mentioned assets [excluded assets (sold assets), Excluded assets (Secured creditors
want to deal directly) & Excluded assets (Avoidance applications)] do not form part of the
offerings for sale of CD as a whole (as a going concern).
Excluded assets (sold assets):
1. Flat No. 301 - 2240 sft. & Flat no. 401 – 1344 sft. Kesava Co-Op Housing Society, Srinagar
colony Yellareddiguda, Hyd.
2. Plant, Machinery & office equipment etc.
3. Ac. 0.81 Cents in survey No. 27/13E…, Yendada Village, Visakhapatnam
4. 1000 Sq. Yards, Survey No. 23/2P, Yendada Village, Visakhapatnam.
Excluded assets (Secured creditors want to deal directly):
1. Agricultural land in Sy.no. 83 at Gandhamguda village, Rajendra Nagar Mandal RR dist.
(Ac 4-00 gts)
Excluded assets (Avoidance applications):
1. Amounts to be recovered from the avoidance applications filed under IBC sec 66
Fraudulent transactions fo Rs. 42.20 crores. Application filed before NCLT, Hyderabad
IA no. 141/ 2021 KVPL vs promoters, creditors & other connected parties of CD.
2. Amounts to be recovered from the Civil suits filed before the VII Metropolitian
Magistrate Court Nampally court in 2263/2019 (STC NI No. 889 of 2023) KVPL vs
Fairmount Constructions Pvt. Ltd., in the Rs. 9.85 crores cheque bounce case. -
