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Home / RP Tracker / Ananda Rao Korada

Ananda Rao Korada UNCLAIMED PROFILE

Insolvency Professional · Active since 2018
IPA ICSI IIP Bench Kolkata · East Reg IBBI/IPA-002/IP-N00286/2017-18/10844 CPE 33 credits
Construction & InfrastructureTextiles & ApparelOther ManufacturingMachinery & EquipmentFood & AgroOther Services
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Career composition · 10 CIRP mandates
3
5
2
Resolved 3 Liquidation 5 Withdrawn / settled 2
Appointments by year
'18'19'20'21'22'23'24'25'26
Overview Resolved 3 Liquidation 5 Withdrawn 2 Voluntary 3 Standing
Mandates
8cases
Top 20% by mandate count · last appointed Aug 2022
Claims Managed
Rs 287Cr
across 8 cases with figures
Realised for Creditors
Rs 169Cr
58.9% of admitted claims
Resolved
3cases
38% resolution rate
Recovery vs LV
179.7%
3 of 3 beat the floor
Typical CIRP Time
8 months
nationally 16 months
Largest Mandate
Rs 219 Cr
HIRAKUD INDUSTRIAL WORK…

Resolved — plan approved

3
Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
Corporate DebtorRole / AppointedAdmittedRealisedRec vs LVDuration
HIRAKUD INDUSTRIAL WORKS LIMITED
U45201OR1993PLC003239
→ acquired by Regus Impex Private Limited
IRP · Jun 2019
RP · Jul 2019
🔒 🔒 🔒 2y 6mo
to Dec 2021
ROSEDALE DEVELOPERS PRIVATE LIMITED
U45201WB2004PTC100084
IRP · Feb 2022
RP · Mar 2022
🔒 🔒 🔒 3y 7mo
to Oct 2025
Basu & Co Road Contractors Private Limited
U45400WB2002PTC094842
→ acquired by BJD Engineers India Private Limited
IRP · Feb 2020
🔒 🔒 🔒 2y 3mo
to Jun 2022

Liquidation — order passed

5
1 of 5 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates5on this professional's record
Taken to dissolution14 still in process
Order to dissolution236 daysaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
VISHAL FOOTWEAR LIMITED
L19201DL1989PLC035728
IRP · Nov 2021
Liquidator · Aug 2022
🔒 🔒 🔒 9 mo
to Aug 2022
RANGAJAVA SOAP SOAP & CHEMICAL WORKS PRIVATE LIMITED
U24232WB1975PTC030159
IRP · Nov 2018
Liquidator · Aug 2019
🔒 🔒 🔒 6 mo
to May 2019
HAHNEMANN HOUSING & DEVELOPMENT PRIVATE LIMITED
U45203WB2004PTC098037
Liquidator · Oct 2018
🔒 🔒 🔒 6 mo
to Oct 2018
SATYALAXMI TRADELINKS PRIVATE LIMITED
U52100WB2012PTC176701
Liquidator · Nov 2018
🔒 🔒 🔒 6 mo
to Nov 2018
BHOOTNATH CONSULTANCY PRIVATE LIMITED
U74140WB2011PTC163396
Liquidator · Nov 2018
🔒 🔒 🔒 6 mo
to Nov 2018
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.

Withdrawn / settled

2
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
TODI TEA CO LTD
U15491WB1967PLC027078
Food & Agro
IRP · Oct 2019
6y 11mo
BRIGHT POWER PROJECTS (INDIA) PRIVATE LIMITED
U32109WB1994PTC220449
Machinery & Equipment
IRP · Dec 2019
6y 9mo

Voluntary liquidations

3
Solvent member-voluntary liquidations under s.59 — a separate mandate type from CIRP, and a different job: no creditors' committee, no resolution plan, a surplus to return.
Median time to dissolution1y 6mo across 2 completed · every VL on record runs 1y 8mo
Dissolution orders read1 of 3 the tribunal's own order, field by field — expand a row for the dated sequence
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
BHARATI TEL UDYOG PVT LTD
U24293WB1996PTC078239
Voluntary Liquidator · Jan 2022
— — — in process
UBHAY FINANCIERS PVT. LTD.
U65999WB1995PTC074517
5 dated steps in the order
Kolkata Bench
  1. Commencement29 Aug 2020
  2. Public announcement1 Sep 2020
  3. Claims deadline28 Sep 2020
  4. Final report24 Aug 2021
  5. Dissolution order15 Jun 2022
Voluntary Liquidator · Aug 2020
Rs 1 Cr — Rs 1 Cr 1y 9mo
to Jun 2022
SHAMBHU NATH ADVISORY PRIVATE LIMITED
U74999WB2011PTC160566
Voluntary Liquidator · Aug 2018
Rs 1 Cr — Rs 1 Cr 15 mo
to Dec 2019
Figures shown where an outcome has been filed. The dated sequence inside a row is read from the tribunal's dissolution order itself, one field at a time, with the page it came from held against it. Regulation 37 (as amended with effect from 31 January 2024) sets 270 days from commencement where the creditors approved the resolution and 90 days where they were not required to — this page does not assign a per-case target, because whether creditors approved is recorded in these orders as prose and has not been classified. The comparison shown is the median of every voluntary liquidation on record: same statistic, same basis.
About this data: Figures come from the IBBI professional register, IBBI published data and public announcement records. Comparisons are medians across stressed.in's full IBBI universe. How every number is sourced, checked and corrected →.
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Activity & context · vs India's IP universe
Activity — mandate countTop 20% of 2,567 ranked
Recovery vs liquidation value179.7%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor3 of 3
Typical time to outcome8 months
national median 16 months · median of 8 concluded mandates
Computed across stressed.in's IBBI universe — 8,500+ CIRPs · 5,400+ registered professionals; updates as records load. Ranks count mandates only and are not a quality score — recovery and duration depend on each company's condition and case mix as much as the professional.
Role mix
Resolution Professional9
Liquidator5
Voluntary Liquidator3
Of these, 7 began as an IRP appointment — the interim role the tribunal fills on admission, before the committee of creditors confirms or replaces it.
Benches — his mandates vs the forum's tempo
Kolkata8 mandates
Bench median 14 months to outcome · 33% resolved (528 concluded cases)
New Delhi1 mandate
Bench median 17 months to outcome · 35% resolved (776 concluded cases)
Cuttack1 mandate
Bench median 18 months to outcome · 35% resolved (49 concluded cases)
Ananda runs a median 8 months to outcome across 8 concluded mandates. The benches those mandates sit in run at 15 months, weighted by how many of his cases each one holds — so he is closing 218 days faster than the forums he files in.
Bench medians run across every concluded CIRP on record at that bench, not only this professional's. Duration turns on the company's condition and the tribunal's listing as much as on the professional — context, not a ranking.
Sector exposure
Construction & Infrastructure4
Textiles & Apparel1
Food & Agro1
Other Manufacturing1
Machinery & Equipment1
Trading & Distribution1
Other Services1
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