Resolved — plan approved
2Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
| Corporate Debtor | Role / Appointed | Admitted | Realised | Rec vs LV | Duration |
|---|---|---|---|---|---|
|
Tebma Shipyard Limited
U27209TN1984PLC010994
→ acquired by Cochin Shipyard Limited
|
RP · Dec 2018
|
🔒 | 🔒 | 🔒 | 17 mo
to Mar 2020
|
|
ABT (Madras) Private Limited
U50101TZ2002PTC010090
→ acquired by Consortium of Baashyaam Infrastructure Private Limited (Lead Member), Mr. Abinesh Yuvarajan and Mr. R. Yuvaraajan
|
IRP · Dec 2019
RP · Feb 2020
|
🔒 | 🔒 | 🔒 | 1y 8mo
to Sep 2021
|
Liquidation — order passed
1Liquidation mandates1on this professional's record
Taken to dissolution01 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
G.E.T Power
U33111TN1987PLC014842
|
RP · Oct 2019
Liquidator · Mar 2024
|
🔒 | 🔒 | 🔒 | 6y
to Mar 2024
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.
Under CIRP — live
3Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
Longest-running live mandate: SOVEREIGN DEVELOPERS AND INFRASTRUCTURE LIMITED at 2,625 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
SOVEREIGN DEVELOPERS AND INFRASTRUCTURE LIMITED
U45202KA2006PLC039072
Construction & Infrastructure |
RP · Sep 2019
|
2,625d past 330d limit | Under CIRP |
|
Allam Infinite India Private Limited
U70101KA2016PTC095043
Real Estate & Housing |
IRP · Mar 2024
|
935d past 330d limit | Under CIRP |
|
Gulam Mustafa Enterprises Private Limited
U70100KA1982PTC004720
Real Estate & Housing |
IRP · Feb 2024
IRP · Feb 2024
|
53d within 180d | Under CIRP |
Admitted claims and recovery are determined only as each case concludes, so figures appear here once an outcome is reached. The day count runs from the insolvency commencement date (s.12 IBC). A case past 330 days is not a default by the professional: the Supreme Court struck the word “mandatorily” from that proviso in CoC of Essar Steel v Satish Kumar Gupta (2019), and time lost to the tribunal's own listing is counted in the figure. Read it as runway, not as a verdict.
Voluntary liquidations
1Solvent 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.
Typical time to dissolution1y 8mo
median across every VL on record — none of these mandates has reached dissolution yet
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| VECIMA TELECOM INDIA PRIVATE LIMITED U72900KA2007PTC042455
|
Voluntary Liquidator · May 2018 |
— | — | — | in process |
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 →.
Report an error →
Activity & context · vs India's IP universe
Activity — mandate count6 mandates on record
Recovery vs liquidation value84.5%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor1 of 2
Typical time to outcome21 months
national median 16 months · median of 3 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 Professional8
Liquidator1
Voluntary Liquidator1
Of these, 3 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
Chennai3 mandates
Bench median 13 months to outcome · 20% resolved (503 concluded cases)
Bengaluru3 mandates
Bench median 12 months to outcome · 27% resolved (177 concluded cases)
Balakrishnan runs a median 21 months to outcome across 3 concluded mandates.
The benches those mandates sit in run at 13 months, weighted by how many of his cases each one holds —
so he is taking 255 days longer 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
Real Estate & Housing2
Machinery & Equipment1
Construction & Infrastructure1
Trading & Distribution1
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