Statement of Affairs of X Ltd.

as on 31st March, 2015

Particulars Estimated
Realizable
Value
Assets not specifically pledged (As per list A)
Cash in Hand Xxxx
Cash at Bank
Marketable Securities Xxxx
B/R Xxxx
Trade Debtors
Calls-in-arrears Xxxx
Stock-in-trade
Land and Building Xxxx
Leasehold Property Xxxx
Plant and Machinery
Furniture and Fixtures Xxxx
Livestock
Other property, etc
Assets specifically pledged (As per list B) xxxxx
Name of Estimated Due to Deficiency Surplus
the Asset Realisable Secured ranking as Carried to
Value Creditor Unsecured Last
Creditor Column
------- -------- -------- ---------- -------
XXXX
Estimated surplus from assets specifically pledged
Estimated total assets available for preferential creditors, debenture Xxxx
holders secured by a floating charge and unsecured creditors.
SUMMARY OF GROSS ASSETS
Gross realizable value of Assets specifically pledged xxx
Other Assets xxx
Gross Assets xxxx
Gross Liabilities
Liabilities
Xxxx Secured Creditors (As per list B) to the extent to which
claims are estimated to be covered by assets specifically
pledged.
Xxxx Preferential Creditors (As per list C) (xxxx)
Estimated balance of assets available for Debenture Xxxxx
holders secured by a floating charge and unsecured
creditors
Xxxx Debenture holders secured by a floating charge (As per (xxxx)
list D)
Estimated surplus as regards Debenture-Holders Xxxxx
Xxxx Unsecured Creditors (As per list E) (xxxx)
XXXX Estimated Surplus as regards Creditors (Being the Xxxx
difference between Gross Assets and Gross Liabilities)
Issued and Called Up Capital
Preference Shares of Rs___ each, Rs.___ called up (As Xxxx
per list F)
xxxx
Equity Shares of Rs___ each, Rs.___ called up (As per
list G) XXX
Estimated Surplus/Deficiency as regards Members (As xxxx
per list H)
Assets Amount
Assets Not Specifically pledged as per List A
Cash in Hand
Cash At Bank
Furniture & Fixture
Plant & Machinery
Sundry Debtors
Stock
Bills Receivable
Calls in arrears

Total No.1
Assets Specifically pledged as per List B
Name of Estimated Due to Deficiency
Surplus Assets Realisable Value Secured Creditors (a)
(b)

Total No.2

Summary of Gross Assets

Gross realisable value of assets specificall pledged
Add: Other Assets

Total Gross Assets

Less: from Total No.2
Gross Liability amount Liabilities name
(a) Secured creditors as per List B
(b) Prefrencial creditors as per List C
(c) Debentureholders secured by floating changes or any other asset as per List
D
(d) Unsecured Creditors as per List E(other liabilities)

Balance will deficiency or

Surplus
Note: If surplus comes then this account will stopped here but if deficiency
comes then we will also less the amount of Share capital
(e) Amount of Share capital as per List F

Balance of
Deficiency