SCHEDULE III - The formats contained in this Schedule are indicative in nature, and the liquidator may make such modifications to them as he deems fit in the facts and circumstances of the liquidation. - Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016

SCHEDULE III ( Under Regulation 6 of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 ) The formats contained in this Schedule are indicative in nature, and the liquidator may make such modifications to them as he deems fit in the facts and circumstances of the liquidation. CASH BOOK Name of Corporate Debtor . . . . . . . . . . . (in liquidation) Date Particulars Ledger Folio No. Receipt Payments Balance Voucher No. Cash Bank Total Voucher No. Cash Bank Total Cash Bank Total 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Under 'particulars', the head of account to which the entry relates should be indicated so that the entry may be posted under the proper head in the General Ledger. GENERAL LEDGER Name of Corporate Debtor . . . . . . . . . . . in liquidation) . . . . . . . . . . . (Head of account) Date Particulars Dr. (Rs.) Cr. (Rs.) Balance (Rs.) 1 2 3 4 5 Instructions : 1. A General Ledger should be maintained with such heads of account as the liquidator may think necessary and appropriate. The following heads of account may be found suitable: (1) Asset account (2) Investments account (3) Book Debts Outstandings account (4) Calls (5) Rents Collected (6) Interest on Securities and Deposits (7) Advances received (8) Miscellaneous receipts payments (9) Establishment (10) Legal charges (11) Rents, Rates and Taxes (12) Fees and Commission account (13) Other expenses (14) Suspense account (15) Secured creditors (16) Dividend account. 2. The entries in the General Ledger should be posted from the Cash Book. 3. The total of the debit balances and the total of the credit balances of the several heads of account in the General Ledger should agree, after taking into consideration the cash and bank balances as shown in the Cash Book. The totals should be tallied once a month. BANK LEDGER Corporate debtor's (in liquidation) account with the Scheduled Bank Date Particulars Deposits Withdrawals Balance Challan Number Rs. Cheque Number Rs. Rs. 1 2 3 4 5 6 7 1. 2. REGISTER OF ASSETS Sl.No. Description of assets Date of taking possession Serial number of Sales Register Date of sale Date of realization Amount Remarks 1 2 3 4 5 6 7 8 1. 2. Instructions : 1. All the assets of the corporate debtor except the liquidator's investments in securities and outstandings to be realized should be entered in this Register. SECURITIES AND INVESTMENTS REGISTER Sl.No. Petition number and name of the corporate debtor Date of investment Nature and particulars of security in which investment is made Amount Invested(Rs.) Dividend or interest received with date of receipt (Rs.) Date of disposal Remarks 1 2 3 4 5 6 7 8 1. 2. REGISTER OF BOOK DEBTS AND OUTSTANDINGS Sl.No. Name and address of debtor Particulars of debt Amount due (Rs.) Date of bar by limitation Amount realised (Rs.) Action taken Date of realisation Reference to Suits Register Remarks 1 2 3 4 5 6 7 8 9 10 1. 2. Instructions : 1. All debts due to the corporate debtor, both secured and unsecured, including amounts due for arrears of calls made prior to the liquidation, should be entered in this Register. TENANTS LEDGER 1. Description of property: 2. Name and address of tenant: 3. Date of tenancy: 4. Period of tenancy: 5. Rent (monthly or annual): 6. Special terms, if any: 7. Arrears on date of taking charge of property: 8. Advance received, if any: Month Demand Realisation Balance Remarks Amount (Rs.) Date Amount (Rs.) Amount (Rs.) 1 2 3 4 5 6 January February SUITS REGISTER Sl. No. Number of suit or appeal and court Name and address of plaintiff/appellant and his advocate Name and address of defendant/respondent and his advocate Amount of claim Date of filing Dates of hearing Date of decree or final order Nature of relief granted Amount decreed Costs decreed Reference to Decree Register Remarks 1 2 3 4 5 6 7 8 9 10 11 12 13 1. 2. Instructions : 1. Applications made by or against the corporate debtor which are in the nature of suits should also be entered in this Register. DECREE REGISTER Number of suit or appeal and court Name and address of judgment debtor Amount Decreed (Rs.) Date of decree Action taken Amount realized (Rs.) Date of realisation Reference to Suits Register 1 2 3 4 5 6 7 8 1. 2. Instructions : 1. The purpose of the Register is to enable the liquidator to keep watch on the progress of the realization of decrees in favour of the corporate debtor in his charge. 2. Every decree or order for payment of money or delivery of property in favour of the corporate debtor including an order for payment of costs whether made in a suit, appeal or application, should be entered in this Register. REGISTER OF CLAIMS AND DISTRIBUTIONS Claims Distributions declared and paid Remarks Sl.No. Name and Address of creditor Amount claimed(Rs.) Nature of claim (Rs.) Amount admitted(Rs.) Whether ordinary or preferential Date Amount (Rs) Date and Mode of Payment Rate Amount ( Rs.) Date and mode of payment Rate Amount (Rs) Date and mode of payment 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 1. 2. Instructions : 1. Only claims admitted either wholly or in part should be entered in this Register. 2. The page on the left side should be reserved for claims and the page on the right side for Distributions. CONTRIBUTORY'S LEDGER Sl.No. Name and address of contributory Number of shares or extent of interest held, and amount paid thereon Calls Remarks Returns of share capital Remarks First call 2nd call/3rd call Date of return Date of Payment Amount paid (Rs.) Date of call and amount called Amount paid and date of payment (Repeat columns as under first call) 1 2 3 4 5 6 to 9 10 11 12 13 14 1. 2. Instructions : Only contributories settled on the list of stakeholders should be entered in this Register and they should be entered in the same order as in the list. DISTRIBUTIONS REGISTER Date on which distribution is made: Total amount payable in this round of distribution: Date Number on list of stakeholders Particulars Receipts Payments 1 2 3 4 5 1. 2. Instructions : 1. Separate pages should be set apart for preferential and ordinary distributions. 2. The payments should be entered as and when they are made. Any amount which is returned unpaid should be re-entered in the account under 'Receipts'. 3. The number in column 2 should be the number of the stakeholders in the list of stakeholders as finally settled. 4. The total amount of unclaimed distribution payable into the 1 [ Corporate Liquidation Account ] , and the amount paid into the Bank with the date of payment, should be shown at the end of the account. FEE REGISTER Amount realized on which fee are payable Amount distributed on which fee are payable Fee payable on the amounts in the two preceding columns Fee, if any payable otherwise under order of Adjudicating Authority Total fee payable Date of payment 1 2 3 4 5 6 1. 2. Instructions : 1. There should be a fresh opening for each year. 2. The fees due to the liquidator should be entered in the Register as soon as the audit of the account for a quarter is completed. SUSPENSE REGISTER Date Particulars Debit (Rs.) Credit (Rs.) Balance (Rs.) 1 2 3 4 5 1. 2. Instructions : 1. Advances made by the liquidator to any person should be entered in this Register. 2. There should be a separate opening for each person. DOCUMENTS REGISTER Sl. No. Description of document Date of receipt From whom received Reference number of shelf in which document is kept How disposed of Remarks 1 2 3 4 5 6 7 1. 2. Instruction : All documents of title like title-deeds, shares, promissory notes, etc., should be entered in this Register. BOOKS REGISTER Date From whom received Serial Number Description of books, including files Shelf number How disposed of Remarks 1 2 3 4 5 6 7 1. 2. Instruction : All books and files of the corporate debtor which come into the hands of the liquidator should be entered in this Register. REGISTER OF UNCLAIMED DIVIDENDS AND UNDISTRIBUTED 2 [PROCEEDS] DEPOSITED Sl.No. Name of person entitled to the dividend or return Whether Creditor or Contributory Number on list of stakeholders Date of declaration of dividend or return Rate of dividend or return Total amount payable(Rs.) 1 2 3 4 5 6 7 1 2. *********** Notes:- 1. Substituted vide Notification No. IBBI/2019-20/GN/REG053 dated 06-01-2020 before it was read as Public Account of India 2. Substituted vide Notification No. IBBI/2019-20/GN/REG053 dated 06-01-2020 before it was read as ASSETS