Resolved — plan approved
1Acquirer 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 |
|---|---|---|---|---|---|
|
MERCHEM LIMITED
U24299KL1994PLC007681
→ acquired by M/s. Acme Chem Limited
|
IRP · Jan 2018
|
🔒 | 🔒 | 🔒 | 12 mo
to Jan 2019
|
Liquidation — order passed
259 of 25 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates25on this professional's record
Taken to dissolution916 still in process
Distributed vs liquidation value65.6%across 7 cases with both figures · whole record 79.7%
Order to dissolution49 moaverage over 9 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
SURANA CORPORATION LIMITED
L65991TN1991PLC020783
|
IRP · Oct 2018
RP · Nov 2018
Liquidator · Oct 2019
|
🔒 | 🔒 | 🔒 | 13 mo
to Oct 2019
|
|
Fatheypori Gardens Limited
U01111TN2009PTC071988
|
IRP · Oct 2018
RP · Nov 2018
Liquidator · Jun 2019
|
🔒 | 🔒 | 🔒 | 8 mo
to Jun 2019
|
|
Oceanic Edibles International Limited
U05001TN1994PLC029335
|
IRP · Sep 2017
|
🔒 | 🔒 | 🔒 | 15 mo
to Dec 2018
|
|
PADMAADEVI SUGARS LIMITED
U15421TN1995PLC029913
|
Liquidator · Apr 2021
|
🔒 | 🔒 | 🔒 | 2y 6mo
to Apr 2021
|
|
GOLD KING TEX INDIA PRIVATE LIMITED
U17111TZ2001PTC009739
|
IRP · Jan 2019
RP · Feb 2019
|
🔒 | 🔒 | 🔒 | 7 mo
to Sep 2019
|
|
GB RAJA TOP WEAVING PRIVATE LIMITED
U17111TZ2004PTC011435
|
IRP · Mar 2019
|
🔒 | 🔒 | 🔒 | 5 mo
to Aug 2019
|
|
Nag Leather Private Limited
U18209TN1990PTC019861
|
IRP · Jul 2017
RP · Aug 2017
Liquidator · Apr 2018
|
🔒 | 🔒 | 🔒 | 9 mo
to Apr 2018
|
|
Naachair Paper Boards Private Limited
U21012TZ2007PTC013362
|
IRP · Dec 2017
RP · Feb 2018
Liquidator · Nov 2019
|
🔒 | 🔒 | 🔒 | 1y 11mo
to Nov 2019
|
|
IMPEL HEALTH CARE PRIVATE LIMITED
U24230TN2008PTC066162
|
IRP · Sep 2019
RP · Oct 2019
Liquidator · Jan 2021
|
🔒 | 🔒 | 🔒 | 16 mo
to Jan 2021
|
|
VARADHA STEELS PRIVATE LIMITED
U27100TN2010PTC075769
|
RP · Jan 2018
Liquidator · Mar 2018
|
🔒 | 🔒 | 🔒 | 7 mo
to Mar 2018
|
|
DEIVAANAI SINTER METALS PRIVATE LIMITED
U27203TZ2010PTC016164
|
IRP · Oct 2017
RP · Nov 2017
Liquidator · May 2018
|
🔒 | 🔒 | 🔒 | 7 mo
to May 2018
|
|
DSRM Steels Private Limited
U27310TZ2005PTC012353
|
IRP · Oct 2018
RP · Nov 2018
Liquidator · Jun 2019
|
🔒 | 🔒 | 🔒 | 7 mo
to Jun 2019
|
|
SLO Industries Limited
U27320TN2003PLC051231
|
IRP · Nov 2019
RP · Dec 2019
|
🔒 | 🔒 | 🔒 | 2y 2mo
to Jan 2022
|
|
EFFIMAX ENGINEERS PRIVATE LIMITED
U29309TN1995PTC033840
|
RP · Apr 2022
Liquidator · Nov 2022
|
🔒 | 🔒 | 🔒 | 11 mo
to Nov 2022
|
|
Dreams Systems Private Limited
U30007TN2008PTC068326
|
IRP · Apr 2018
|
🔒 | 🔒 | 🔒 | 16 mo
to Jul 2019
|
|
AQUA DESIGNS INDIA PRIVATE LIMITED
U41000TN2002PTC050091
|
IRP · Oct 2018
RP · Dec 2018
Liquidator · Dec 2019
|
🔒 | 🔒 | 🔒 | 14 mo
to Dec 2019
|
|
VINAYAGA INFRA LIMITED
U51103TN1996PLC035759
|
IRP · Oct 2018
RP · Nov 2018
Liquidator · May 2019
|
🔒 | 🔒 | 🔒 | 7 mo
to May 2019
|
|
STAR TRACE PRIVATE LIMITED
U51103TN1998PTC041085
|
RP · Apr 2022
|
🔒 | 🔒 | 🔒 | 3y
to Aug 2024
|
|
SOUTH INDIAN MINT AND AROMATIC PRODUCTS LIMITED
U55101PY2008PLC002178
|
RP · Sep 2018
Liquidator · Apr 2019
|
🔒 | 🔒 | 🔒 | 10 mo
to Apr 2019
|
|
Inland Facilities Management Private Limited
U55101TN2005PTC057600
|
RP · Mar 2018
Liquidator · Jul 2018
|
🔒 | 🔒 | 🔒 | 7 mo
to Jul 2018
|
|
Fast and Safe Transport Private Limited
U63011TN1989PTC017903
|
IRP · Dec 2019
RP · Dec 2019
Liquidator · Mar 2021
|
🔒 | 🔒 | 🔒 | 15 mo
to Mar 2021
|
|
DEEPSEA DEVELOPERS PRIVATE LIMITED
U70101TN2007PTC064688
|
IRP · Mar 2019
RP · Apr 2019
Liquidator · Nov 2019
|
🔒 | 🔒 | 🔒 | 8 mo
to Nov 2019
|
|
PRAISEWORTH INFRA PRIVATE LIMITED
U70101TN2008PTC067260
|
IRP · Aug 2018
RP · Sep 2018
Liquidator · Feb 2019
|
🔒 | 🔒 | 🔒 | 7 mo
to Feb 2019
|
|
EVERONN SKILL DEVELOPMENT LIMITED
U72300TN2009PLC071228
|
IRP · Nov 2017
RP · Jan 2018
Liquidator · Apr 2018
|
🔒 | 🔒 | 🔒 | 5 mo
to Apr 2018
|
|
AASCAR FILM PRIVATE LIMITED
U92100TN2008PTC068398
|
IRP · Sep 2019
RP · Oct 2019
Liquidator · Apr 2021
|
🔒 | 🔒 | 🔒 | 1y 7mo
to Apr 2021
|
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
2Where 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: SHRIRAM EPC LIMITED at 3,335 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
SHRIRAM EPC LIMITED
L74210TN2000PLC045167
Other Services |
IRP · Aug 2017
|
3,335d past 330d limit | Under CIRP |
|
KOTHARI INDUSTRIAL CORPORATION LIMITED
L81100TN1970PLC005865
Other Services |
IRP · Dec 2017
|
3,204d 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.
Withdrawn / settled
1Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
STATCO INFRAPROJECTS PRIVATE LIMITED
U45400TN1996PTC035457
Construction & Infrastructure |
IRP · Jan 2020
|
6y 8mo |
Voluntary liquidations
3Solvent 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 8mo
across 1 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 Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| LAIRD TECHNOLOGIES INDIA PRIVATE LIMITED U31909TN2006PTC060340
|
Voluntary Liquidator · Apr 2018 |
— | — | — | in process |
| TT ASSEMBLY INDIA PRIVATE LIMITED U34100TN2011PTC081825
|
Voluntary Liquidator · Apr 2018 |
— | — | — | in process |
| PENSKE SUPPLY CHAIN SOLUTIONS INDIA PRIVATE LIMITED U60200TN2014FTC097509
3 dated steps in the orderDIVISION BENCH - I, CHENNAI
|
Voluntary Liquidator · Nov 2021 |
Rs 4 Cr | Rs 0 Cr | Rs 3 Cr | 1y 8mo to Jul 2023 |
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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Claim profile →Activity & context · vs India's IP universe
Activity — mandate countTop 1% of 2,567 ranked
At Chennai bench — by mandate countTop 1% of 152
Recovery vs liquidation value128.8%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor1 of 1
Typical time to outcome11 months
national median 16 months · median of 26 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 Professional44
Liquidator19
Voluntary Liquidator3
Of these, 23 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
Chennai28 mandates
Bench median 13 months to outcome · 20% resolved (506 concluded cases)
C. runs a median 11 months to outcome across 26 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 closing 74 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
Other Manufacturing5
Other Services4
Food & Agro3
Textiles & Apparel3
Machinery & Equipment2
Trading & Distribution2
Hospitality & Leisure2
Real Estate & Housing2
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