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Corporate Insolvency Resolution Process ofAlchemist Infra Realty Ltd.

Payment Guidance Note

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PAYMENT TO FINANCIAL CREDITOR IN A CLASS IN PURSUANCE TO ORDER DATED 04.07.2024 PASSED BY HON’BLE NCLT, NEW DELHI

Guidance note for payment issued by Monitoring Committee

1. PAYMENT SCHEDULE

S. NO.

DATE FOR RELEASE OF INSTALLMENT

INSTALLMENT NO.

THE SETTLED AMOUNT AS PER RESOLUTION PLAN APPROVED ON 04.07.2024 BY HON’BLE NCLT SHALL BE PAID IN FIVE EQUAL INSTALLMENTS (IN %)

1.

04.10.2024

First Installment

20%

2.

04.04.2025

Second Installment

20%

3.

04.10.2025

Third Installment

20%

4.

04.04.2026

Fourth Installment

20%

5.

04.10.2026

Fifth Installment

20%

Total

100%

2. DOCUMENTS TO BE SUBMITTED: The Claimants have to submit the following documents:

  • Original certificate of Deposit issued by Company i.e. AIRL
  • Original Receipt of the money deposited
  • Copy of Adhar Card of the Certificate
  • Copy of PAN of the Certificate
  • Details of the Bank Account of the Certificate

3. COMMUNICATION DETAILS: The Claimants may contact at the below mentioned details for any assistance, observation, query etc.

Address for submission of Documents:

Unit No. DTJ 419, Fourth Floor,

DLF Tower B, Jasola District Centre, New Delhi - 110025

Helpline No. +91-7065029696

Website: www.alchemistinfra.com

Email for any grievance related to payment: airlpayment@alchemistinfra.com

4. STATUS UPDATE REGARDING DOCUMENTS AND PAYMENT:

Payment would be released to only those Claimants who have submitted their valid documents and they may check the updated status regarding documents and payment on the website www.alchemistinfra.com after 10 working days from the day of submission of valid documents.

5. PAYMENT IN CASE OF DELAY SUBMISSION OF VALID DOCUMENTS:

  • The documents may be submitted either in person or through Courier/Speed post and may obtain the acknowledgment for the documents delivered.
  • The stakeholders are advised to deposit their valid documents at the earliest latest by 04.10.2024 to the above mentioned address.
  • The valid documents received after 04.10.2024, the cumulative installment shall be paid accordingly.
  • The claimants are advised to regularly visit the website alchemistinfra.com for their status update.

6. REFERENCE NUMBER FOR FUTURE COMMUNICATION:

The claimants have to mention the acknowledgement number in all future communication.

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