Project Brief - Auto
1. Constitution (Public Ltd. Co/ Private PVT LTD
Ltd. Co/ Partnership /
Proprietorship / Trust / Individual)
2. Address of the Registered Office / Pune
3. Address of Factory/Business
Establishment. Pune
4. Line of Activity Manufacturing of automotive Parts
5. Service being sought Looking for All possible way
(Debt Assignment/ OTS /
Restructuring / Loan Syndication)
6. Name of the Bank & Branch. The Cosmos Co-operative Bank ltd
7. Details of Advances Fund based - CC/TL
Fund Based
(CC / EPC / TL / FBP / BP/CP)
Non-fund Based Non-fund based
(LC / BG) LC/BG
Sole
8. Nature of Advance Banking
(Consortium / Multiple Banking /
Sole Banking)
If Consortium, details of shares of
member banks.
Oct
9. Date account classified as NPA 2015
10. Outstanding Loans on the date of Rs. 67.46 Cr. - less 4.65 Cr. paid in FY 2016-17
NPA. TOTAL Outstanding amt = Rs. 62.81 Cr.
Interest paid till now to Bank on Principle borrowed
amount up to AY 2013-14 is Rs. 45.00 Cr.
(Pl see the Annexure “C” )
11. Principal amount borrowed & 88 Cr.
interest serviced up to which date.
12. Whether Account is treated as NO
Fraud Account. If yes, give details.
13. Security Pl see Annexure D1, D2 & D3 for the valuation report
Primary Security & also you can see the securities provided to Bank
(Hypothecation of stock /
plant & machinery / book
debts / building)
Collateral
(Land / Building / Flat/
office / factory etc.)
14. Nature of Charge
(Exclusive / First Charge / Second
Charge / Pari Passu / Equitable Registered Mortgage
Mortgage / Registered Mortgage
etc.)
15. Encroachments on Charged Assets Encroachment by Cosmos Bank on
1) Plant 1 Maharashtra
2) Plant No 3, Gujarat
3) Corporate office at Pune
16. Present Litigations on all properties There is no litigation on any property at this stage
17. Company’s / Promoters External
Debts
Statutory Dues (Income tax/
Sales tax / Wealth tax /
Electricity charges etc.)
Approx outstanding balance is Rs. 10.00 for both
Market Liabilities (Private companies, we will send you “Annexure –E” for detail &
Borrowings / Unsecured exact amount at later date.
Loans)
No external debts, No private Borrowing
18. Whether Account is restructured, if
so, no of times done / dates
NO
19. Legal steps taken
Whether BIFR proceedings NONE
initiated and status
Suit filed with DRT / HC / After arbitration results, Bank had filed case in DRT &
Lower court. If any, latest later withdrew by themselves. We filed case in DRT
position of the same which is in pending status now.
SARFAESI Action and status Notice u/s 13(2) of SARFAESI Act. Received for all
accounts & AS on date four properties possession
taken against the same act
Sale of securities
(auctions held) No of 3 Auction attempts done by Bank for Plant No
1 & Plant 3 NO bids for the same.
20. Operation Status
(Unit is in full / partial operation / There are two major units are running & somehow
closed with dates) managing to achieve breakeven turnover. If we get
money for working capital we can increase the turnover
& can repay the loans which we are seeking from you.
