Liquidation — order passed
3Liquidation mandates3on this professional's record
Taken to dissolution03 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
HITRO ENERGY SOLUTIONS PRIVATE LIMITED
U29248TN2014PTC094732
|
Liquidator · Jan 2026
|
🔒 | 🔒 | 🔒 | 7y 1mo
to Jan 2026
|
|
Prescot Productions Private Limited
U33209TN2016PTC111674
|
Liquidator · Sep 2021
|
🔒 | 🔒 | 🔒 | 2y
to Sep 2021
|
|
BKR Hotels and Resorts Private Limited
U55101TN2006PTC061627
|
IRP · Jan 2024
IRP · Jan 2024
|
🔒 | 🔒 | 🔒 | 1y 11mo
to May 2019
|
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
1Where 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: MARG LIMITED at 536 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
MARG LIMITED
L45201TN1994PLC029561
Construction & Infrastructure |
IRP · Apr 2025
IRP · Apr 2025
|
536d past 330d limit | 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.
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 count4 mandates on record
Typical time to outcome24 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 Professional4
Liquidator2
Of these, 2 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
Chennai4 mandates
Bench median 13 months to outcome · 20% resolved (503 concluded cases)
Balasubramanian runs a median 24 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 342 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
Machinery & Equipment2
Construction & Infrastructure1
Trading & Distribution1
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