Liquidation — order passed
1Liquidation mandates1on this professional's record
Taken to dissolution01 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Sai Regency Power Corporation Services Private Limited
U40105TN2002PTC055046
|
RP · Mar 2019
IRP · Mar 2019
Liquidator · Apr 2021
|
🔒 | 🔒 | 🔒 | 2y 1mo
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: GLD SOFTWARE PRIVATE LIMITED at 476 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
GLD SOFTWARE PRIVATE LIMITED
U72900MH2022FTC383361
Other Services |
IRP · Jun 2025
RP · Jul 2025
|
476d past 330d limit | Under CIRP |
|
DISHA INFRASPACE SOLUTIONS PRIVATE LIMITED
U45402TN2007PTC063761
Construction & Infrastructure |
IRP · Oct 2025
IRP · Oct 2025
RP · Jan 2026
RP · Jan 2026
|
328d inside 330d | Inviting EoI |
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.
Voluntary liquidations
5Solvent 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 dissolution3y 1mo
across 2 completed · every VL on record runs 1y 8mo
Dissolution orders read1 of 5
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 |
|---|---|---|---|---|---|
| PRODEK LEKTRONICS PRIVATE LIMITED U30007TN1998PTC040029
|
Voluntary Liquidator · Mar 2018 |
Rs 6 Cr | Rs 0 Cr | Rs 6 Cr | 4y 10mo to Jan 2023 |
| KASAI INDIA (CHENNAI) PRIVATE LIMITED U35990TN2012PTC084617
|
Voluntary Liquidator · Jan 2026 |
— | — | — | in process |
| SUGUNA FINCORP PRIVATE LIMITED U65921TZ2013PTC019647
5 dated steps in the orderChennai Division Bench (Court– I)
|
Voluntary Liquidator · Apr 2024 |
Rs 3 Cr | Rs 0 Cr | Rs 0 Cr | Nov 2024 |
| TRANSCENDED IT CONSULTING SOLUTIONS PRIVATE LIMITED U72500MH2011PTC219879
|
Voluntary Liquidator · Apr 2025 |
— | — | — | in process |
| GSS QUICK GARAGE INDIA PRIVATE LIMITED U74999TN2016FTC112554
|
Voluntary Liquidator · Dec 2024 |
Rs 15 Cr | Rs 15 Cr | Rs 0 Cr | 18 mo to Jun 2026 |
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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Activity & context · vs India's IP universe
Activity — mandate count3 mandates on record
Typical time to outcome25 months
national median 16 months · median of 1 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 Professional8
Liquidator1
Voluntary Liquidator5
Of these, 3 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
Chennai2 mandates
Bench median 13 months to outcome · 20% resolved (503 concluded cases)
Mumbai1 mandate
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
G runs a median 25 months to outcome across 1 concluded mandate.
The benches those mandates sit in run at 15 months, weighted by how many of his cases each one holds —
so he is taking 312 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
Power & Energy1
Construction & Infrastructure1
Other Services1
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