CR
C. Ramasubramaniam
Insolvency Professional · Resolution Professional FREE PROFILE
IPA data unavailable
AFA Lapsed till Nov -0001
Bench data unavailable
State data unavailable
IBBI Reg data unavailable
Cases Handled
29
9 with financial detail
Resolved
2
8% resolution rate
Liquidations
24
liquidation orders
Recovery vs Liq. Value
109.4%
natl avg 166.9%
IRP Appointments
23
interim — at CIRP commencement
Mandate totals · across concluded cases
Claims Managed
₹790
Cr · across 9 mandates with figures
Total Realised
₹147
Cr · to creditors
Realised vs Claims
18.6%
across the book
Largest Mandate
₹279 Cr
MERCHEM LIMITED
Resolved — plan approved (2)
| Corporate Debtor | Role / Appointed | Admitted | Realised | Rec vs LV | Haircut |
|---|---|---|---|---|---|
|
Naachair Paper Boards Private Limited
U21012TZ2007PTC013362
|
IRP · Dec 2017
RP · Feb 2018
Liquidator · Nov 2019
|
₹43 Cr | ₹1 Cr | 6.0% | 97.9% |
|
MERCHEM LIMITED
U24299KL1994PLC007681
|
IRP · Jan 2018
|
₹279 Cr | ₹110 Cr | 126.9% | 60.6% |
Liquidation — order passed (24)
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims |
|---|---|---|---|---|
|
SURANA CORPORATION LIMITED
L65991TN1991PLC020783
|
IRP · Oct 2018
RP · Nov 2018
Liquidator · Oct 2019
|
— | — | — |
|
Fatheypori Gardens Limited
U01111TN2009PTC071988
|
IRP · Oct 2018
RP · Nov 2018
Liquidator · Jun 2019
|
— | — | — |
|
Oceanic Edibles International Limited
U05001TN1994PLC029335
|
IRP · Sep 2017
|
— | — | — |
|
PADMAADEVI SUGARS LIMITED
U15421TN1995PLC029913
|
Liquidator · Apr 2021
|
— | — | — |
|
GOLD KING TEX INDIA PRIVATE LIMITED
U17111TZ2001PTC009739
|
IRP · Jan 2019
RP · Feb 2019
|
₹130 Cr | ₹6 Cr | 6.1% |
|
GB RAJA TOP WEAVING PRIVATE LIMITED
U17111TZ2004PTC011435
|
IRP · Mar 2019
|
₹130 Cr | ₹9 Cr | 7.7% |
|
Nag Leather Private Limited
U18209TN1990PTC019861
|
IRP · Jul 2017
RP · Aug 2017
Liquidator · Apr 2018
|
₹42 Cr | ₹5 Cr | 15.4% |
|
IMPEL HEALTH CARE PRIVATE LIMITED
U24230TN2008PTC066162
|
IRP · Sep 2019
RP · Oct 2019
Liquidator · Jan 2021
|
— | — | — |
|
VARADHA STEELS PRIVATE LIMITED
U27100TN2010PTC075769
|
RP · Jan 2018
Liquidator · Mar 2018
|
— | — | — |
|
DEIVAANAI SINTER METALS PRIVATE LIMITED
U27203TZ2010PTC016164
|
IRP · Oct 2017
RP · Nov 2017
Liquidator · May 2018
|
— | — | — |
|
DSRM Steels Private Limited
U27310TZ2005PTC012353
|
IRP · Oct 2018
RP · Nov 2018
Liquidator · Jun 2019
|
₹125 Cr | ₹13 Cr | 10.7% |
|
SLO Industries Limited
U27320TN2003PLC051231
|
IRP · Nov 2019
RP · Dec 2019
|
— | — | — |
|
EFFIMAX ENGINEERS PRIVATE LIMITED
U29309TN1995PTC033840
|
RP · Apr 2022
Liquidator · Nov 2022
|
— | — | — |
|
Dreams Systems Private Limited
U30007TN2008PTC068326
|
IRP · Apr 2018
|
₹1 Cr | ₹0 Cr | 0.0% |
|
AQUA DESIGNS INDIA PRIVATE LIMITED
U41000TN2002PTC050091
|
IRP · Oct 2018
RP · Dec 2018
Liquidator · Dec 2019
|
— | — | — |
|
VINAYAGA INFRA LIMITED
U51103TN1996PLC035759
|
IRP · Oct 2018
RP · Nov 2018
Liquidator · May 2019
|
— | — | — |
|
STAR TRACE PRIVATE LIMITED
U51103TN1998PTC041085
|
RP · Apr 2022
|
— | — | — |
|
SOUTH INDIAN MINT AND AROMATIC PRODUCTS LIMITED
U55101PY2008PLC002178
|
RP · Sep 2018
Liquidator · Apr 2019
|
₹9 Cr | ₹3 Cr | 31.3% |
|
Inland Facilities Management Private Limited
U55101TN2005PTC057600
|
RP · Mar 2018
Liquidator · Jul 2018
|
₹33 Cr | — | — |
|
Fast and Safe Transport Private Limited
U63011TN1989PTC017903
|
IRP · Dec 2019
RP · Dec 2019
Liquidator · Mar 2021
|
— | — | — |
|
DEEPSEA DEVELOPERS PRIVATE LIMITED
U70101TN2007PTC064688
|
IRP · Mar 2019
RP · Apr 2019
Liquidator · Nov 2019
|
— | — | — |
|
PRAISEWORTH INFRA PRIVATE LIMITED
U70101TN2008PTC067260
|
IRP · Aug 2018
RP · Sep 2018
Liquidator · Feb 2019
|
— | — | — |
|
EVERONN SKILL DEVELOPMENT LIMITED
U72300TN2009PLC071228
|
IRP · Nov 2017
RP · Jan 2018
Liquidator · Apr 2018
|
— | — | — |
|
AASCAR FILM PRIVATE LIMITED
U92100TN2008PTC068398
|
IRP · Sep 2019
RP · Oct 2019
Liquidator · Apr 2021
|
— | — | — |
Under CIRP — ongoing (3)
| Corporate Debtor | Role / Appointed | CIRP Age | Stage |
|---|---|---|---|
|
KOTHARI INDUSTRIAL CORPORATION LIMITED
L24110TN1970PLC005865
|
IRP · Dec 2017
|
8y 6mo | data unavailable |
|
SHRIRAM EPC LIMITED
L74210TN2000PLC045167
|
IRP · Aug 2017
|
8y 10mo | data unavailable |
|
STATCO INFRAPROJECTS PRIVATE LIMITED
U45400TN1996PTC035457
|
IRP · Jan 2020
|
6y 5mo | data unavailable |
Live mandates — admitted claims and recovery are determined only as each case concludes, so figures appear here once an outcome is reached.
Voluntary Liquidations (3)
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Dissolved |
|---|---|---|---|---|---|
| LAIRD TECHNOLOGIES INDIA PRIVATE LIMITED U31909TN2006PTC060340 |
Voluntary Liquidator · Apr 2018 |
— | — | — | — |
| TT ASSEMBLY INDIA PRIVATE LIMITED U34100TN2011PTC081825 |
Voluntary Liquidator · Apr 2018 |
— | — | — | — |
| PENSKE SUPPLY CHAIN SOLUTIONS INDIA PRIVATE LIMITED U60200TN2014FTC097509 |
Voluntary Liquidator · Nov 2021 |
₹4 Cr | — | ₹3 Cr | Jul 2023 |
Solvent member-voluntary liquidations (s.59) — a separate mandate type from CIRP. Figures shown where an outcome has been filed.
About this data: Profile data is sourced from IBBI quarterly newsletters and public announcement records. Only cases where this IP was appointed as Resolution Professional are shown. Data coverage grows as we add historical IBBI newsletters. Report an error →
Performance Summary
Resolution rate
8%
Recovery vs liq. value
109.4% (natl 166.9%)
Recovery vs LV (weighted)
109.4% claim-wtd
Avg haircut (resolved)
79.3% (natl 69.4%)
Sectors covered
0
Data source
IBBI Quarterly
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