Page 111 - IBC Orders us 7-CA Mukesh Mohan

Order Passed Under Sec 7
Hon’ble NCLT Principal Bench

5. Mortgage Declaration First charge on immovable property at E-163,

From R.C. Gupta dated 28 March, 2013 Pandav Nagar

(Captioned property has been sold under SARFAESI

Act at 09 June, 2015 against the cash consideration
of INR 20,1 million and sale proceeds have been of
INR 17.1 million and sale proceeds have been

distributed among all the member banks on pari
passu basis).

6 Form 8 dated 13 May, 2013  First pari passu charge on current assets of
the borrower

 Second pari passu charge on entire fixed
assets of the borrower

7 Personal Guarantees securing the dues in  Mr Rakesh Gupta
repayment by the Corporate Debtor  Mr. Rishi Gupta

 Mr R C Gupta
 Ms Shanta Gupta

There are further disclosures made under the caption "Rupee Term Loan' which is as under:

B. Rupee Term Loan Facility:

S No. Name and date of the document executed Description of the securities

1 Mortgage Declaration from the Borrower First charge on immovable fixed assets of borrower
dated 28 March, 2013 namely

 SP 26 Sotanala Industrial Area, Behrore,
Rajasthan

 SP 26A Sotanala Industrial Area, Behrore,
Rajasthan

 SP 26A-1, Sotanala Industrial Area,
Behrore, Rajasthan

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