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RESEARCH From the Research Desk — The sub-Rs 100 crore acquisition market, sized. Read it →
NCLT bench

Chennai · page 9

Chennai has heard 809 insolvency cases on record since 2017. Of the concluded cases, 100 ended in an approved resolution plan and 411 in liquidation — a liquidation rate of 80.4%. 165 remain under CIRP today. Cases here take a median 397 days from admission to a plan or liquidation order (n=506), against a national median of 480 days (n=4,663).

Total809on record
Resolved100plan approved
Liquidated411order passed
Under CIRP165running now
Median haircut72.2% national 77.2% · n=102

Figures, haircuts and benchmarks sit on each case page, for members. This index is the public record; the interpretation is the product.

CompanyStatusSectorNCLT bench Resolution professionalAdmittedOutcome
Sri Padmabalaji Steels Private Limited Liquidation Order Other Manufacturing Chennai N Sivachalam 11 Sep 2017 05 Mar 2018
Karpagam Spinners Private Limited Liquidation Order Textiles & Apparel Chennai G. Gunasekaran 19 Jul 2017 22 Feb 2018
Sri Maharaja Oil Imports and Exports Private Limited Liquidation Order Food & Agro Chennai R. Raghavendran 04 Aug 2017 09 Feb 2018
Boss Profiles Limited Liquidation Order Construction & Infrastructure Chennai Sanjeevi C 11 Aug 2017 24 Jan 2018
Orieon Kuries and Loans Private Limited Liquidation Order Financial Services Chennai Sankar P. Panicker 10 Jul 2017 15 Jan 2018
Thirupur Surya Textiles Private Limited Liquidation Order Textiles & Apparel Chennai Getticheviyur Venkatraman Ravikumar 14 Jun 2017 11 Jan 2018
Tiruppur Surya Hitec Apparel Private Limited Liquidation Order Textiles & Apparel Chennai Getticheviyur Venkatraman Ravikumar 14 Jun 2017 11 Jan 2018
Auromira Energy Company Private Limited Liquidation Order Power & Energy Chennai R.Venkatakrishnan 19 Jun 2017 04 Jan 2018
Abhayam Trading Limited Liquidation Order Trading & Distribution Chennai Rakesh Chaturvedi 31 May 2017 17 Nov 2017
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Sourced exclusively from public record — IBBI publications and announcements, NCLT and NCLAT orders. Every figure stored verbatim; a blank means not yet filed, never zero. Data as of 2026-09-25. Read the methodology · Browse A–Z · by sector · by bench · bench duration intelligence.