UTCA PROPOSAL
A PHYSICAL MEETING WAS CONDUCTED ON 19/11/2023 IN MALVIYA SMRITI BHAWAN, ITO, NEW DELHI
The Agenda of the meeting was to:
1. Discuss in detail, the proposed UTCA plan among the Financial Creditors of M/s Earth Iconic Infrastructure Pvt Ltd.
2. Incorporate any suggestions/alterations in the proposal suggested by Financial Creditors present in the meeting.
3. Clear the doubts and explain the complexities of the proposal to the Financial Creditors.
4. Discuss the alternatives
LIQUIDATOR MR. HARISH C MANCHANDA AND AUTHORISED REPRESENTATIVE WERE ALSO INVITED BUT DUE TO SOME PRE-COMMITTMENTS NONE OF THE PERSONS ATTENDED THE MEETING.
IMPORTANT EXPLANATIONS/ HIGHLIGHTS OF THE MEETING
IMPORTANT EXPLANATIONS/ HIGHLIGHTS OF THE MEETING
INTRODUCTION
INTRODUCTION
UTCA PROPOSAL SUMMARY
UTCA PROPOSAL SUMMARY
INITIAL CONTRIBUTION & AMENDED SCHEDULE 3
INITIAL CONTRIBUTION & AMENDED SCHEDULE 3
WHAT IS DEBENTURE?
WHAT IS DEBENTURE?
MONITORING COMMITTEE & LIQUIDATORS' SCHEME SUMMARY
MONITORING COMMITTEE & LIQUIDATORS' SCHEME SUMMARY
WHY DEBENTURES AND NOT SHARES?
WHY DEBENTURES AND NOT SHARES?
TOTAL FINANCIAL BURDEN ON BUYERS
TOTAL FINANCIAL BURDEN ON BUYERS
FINANCIAL BENEFITS OR CLAIM ADJUSTMENT
FINANCIAL BENEFITS OR CLAIM ADJUSTMENT
ADDITIONAL KEY POINTS
ADDITIONAL KEY POINTS
QUESTION AND ANSWER SESSION
QUESTION AND ANSWER SESSION
MEETING DATED 26/11/2023
MEETING DATED 26/11/2023
