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 |
|---|---|---|---|---|---|
|
SIP INDUSTRIES LIMITED
L24131TN1986PLC012752
|
RP · Apr 2021
|
🔒 | 🔒 | 🔒 | 2y 7mo
to Apr 2022
|
|
SRI VARADARAJA FOOD EXPORTS PRIVATE LIMITED
U01403TN2015PTC098971
|
RP · Mar 2021
|
🔒 | 🔒 | 🔒 | 3y 9mo
to Nov 2023
|
Liquidation — order passed
2| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Saravana Gold Palace Private Limited
U52609TN2017PTC116518
|
Liquidator · Jul 2023
|
🔒 | 🔒 | 🔒 | 12 mo
to Nov 2022
|
|
Purplestream Convergence Private Limited
U72100TN2011PTC082041
|
IRP · Oct 2023
RP · Nov 2024
|
🔒 | 🔒 | 🔒 | 17 mo
to Mar 2025
|
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
3| Corporate Debtor | Role / Appointed | CIRP Age | Stage |
|---|---|---|---|
|
SP COAL RESOURCES PRIVATE LIMITED
U10100TN2010PTC075812
Mining |
IRP · Jul 2026
|
36d | Newly admitted |
|
KUMARARAJA PAPER MILL PRIVATE LIMITED
U21012TZ2000PTC009348
Other Manufacturing |
IRP · Mar 2021
|
5y 5mo | Under CIRP |
|
FERROSCO INDUSTRIES PRIVATE LIMITED
U37100TZ2017PTC028360
Other Manufacturing |
IRP · May 2022
|
4y 3mo | Under CIRP |
Live mandates — admitted claims and recovery are determined only as each case concludes, so figures appear here once an outcome is reached.
Voluntary liquidations
6| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Dissolved |
|---|---|---|---|---|---|
| Madhu Business Services Private Limited U52599TN1992PTC022462 |
Voluntary Liquidator · Dec 2024 |
₹1 Cr | ₹1 Cr | ₹0 Cr | Nov 2025 |
| KICKSTARTUP CREDIT PRIVATE LIMITED U65929TN2020PTC134213 |
Voluntary Liquidator · Feb 2021 |
₹2 Cr | ₹0 Cr | ₹2 Cr | Feb 2024 |
| SPI FINANCE AND INVESTMENTS PRIVATE LIMITED U65990TN2020PTC134234 |
Voluntary Liquidator · Feb 2021 |
₹2 Cr | ₹0 Cr | ₹2 Cr | Nov 2024 |
| Wellshine Chit Funds Private Limited U65992TN2000PTC044007 |
Voluntary Liquidator · Apr 2025 |
— | — | — | — |
| T & V Financial Services Private Limited U65999TN2020PTC138943 |
Voluntary Liquidator · Jul 2024 |
— | — | — | — |
| DV Living Science Enterprises Private limited U74900TN2011PTC083296 |
Voluntary Liquidator · Aug 2022 |
₹0 Cr | ₹0 Cr | ₹0 Cr | May 2024 |
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 the IBBI professional register, quarterly newsletters and public announcement records. Comparative figures (percentiles, national averages) are computed across stressed.in's full IBBI universe and refresh as records load. See how every number is sourced, checked and corrected →.
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Activity & context · vs India's IP universe
Activity — mandate countTop 22% of 2,443
At Chennai bench — by mandate count#42 of 150
Recovery vs LV — vs national avg+104.4 pts
Speed — avg CIRP vs national avg4 mo slower
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 Professional7
Liquidator1
Voluntary Liquidator6
Sector exposure
Other Manufacturing2
Chemicals & Plastics1
Food & Agro1
Mining1
Trading & Distribution1
Other Services1
Performance summary
Resolution rate50%
Recovery vs LV (claim-wtd)271.3%
Realised vs claims (book)1.0%
IRP appointments4
Data sourceIBBI · NCLT · MCA
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