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 |
|---|---|---|---|---|---|
|
The National Sewing Thread Company Limited
U17239TN1937PLC001852
→ acquired by (1) Mr. B. Venkatesan and (2) Mr. B. Ramachandran
|
IRP · Aug 2019
RP · Nov 2019
|
🔒 | 🔒 | 🔒 | 2y 3mo
to Dec 2021
|
Liquidation — order passed
53 of 5 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates5on this professional's record
Taken to dissolution32 still in process
Distributed vs liquidation value52.9%across 1 case with both figures · whole record 79.7%
Order to dissolution40 moaverage over 3 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Sura Leathers Private Limited
U01911KA1992PTC013830
|
IRP · May 2019
RP · Sep 2019
Liquidator · Feb 2020
|
🔒 | 🔒 | 🔒 | 9 mo
to Feb 2020
|
|
Sun Brushware Private Limited
U36997TN2010PTC075005
|
RP · Apr 2019
Liquidator · Nov 2019
|
🔒 | 🔒 | 🔒 | 9 mo
to Nov 2019
|
|
FASHION INFLUENCE CLOTHING INDIA PRIVATE LIMITED
U52322TN2011PTC082161
|
Liquidator · Dec 2024
|
🔒 | 🔒 | 🔒 | 12 mo
to Nov 2024
|
|
EXPERTUS INFOTECH PRIVATE LIMITED
U72200TN2001PTC048176
|
Liquidator · Aug 2025
|
🔒 | 🔒 | 🔒 | 8 mo
to Aug 2025
|
|
M/s. Ransan Packaging Private Limited
U74999TN2013PTC091108
|
Liquidator · Apr 2025
|
🔒 | 🔒 | 🔒 | 13 mo
to Jan 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
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: H G S Dairies and Agro Limited at 2,437 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
H G S Dairies and Agro Limited
U01403TN2010PLC076974
Food & Agro |
IRP · Jan 2020
|
2,437d past 330d limit | Under CIRP |
|
BEST & CROMPTON ENGINEERING PROJECTS LIMITED
U28920TN1999PLC043385
Other Manufacturing |
IRP · Apr 2025
|
536d past 330d limit | Under CIRP |
|
CANDID INDUSTRIES LIMITED
U18100TG1991PLC013088
Textiles & Apparel |
IRP · Apr 2026
Deemed RP · May 2026
|
173d within 180d | Newly admitted |
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 |
|---|---|---|
|
Thay Lift and Shift Private Limited
U50500TN2017PTC119007
Trading & Distribution |
IRP · Jun 2019
|
7y 2mo |
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 countTop 20% of 2,365 ranked
At Chennai bench — by mandate countTop 20% of 149
Recovery vs liquidation value93.1%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor0 of 1
Typical time to outcome11 months
national median 16 months · median of 6 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 Professional10
Liquidator5
Of these, 6 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
Chennai9 mandates
Bench median 13 months to outcome · 20% resolved (503 concluded cases)
Bengaluru1 mandate
Bench median 12 months to outcome · 27% resolved (177 concluded cases)
Duraisamy runs a median 11 months to outcome across 6 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
Food & Agro2
Textiles & Apparel2
Other Manufacturing2
Trading & Distribution2
Other Services2
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