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 |
|---|---|---|---|---|---|
|
OLIVE LIFESCIENCES PRIVATE LIMITED
U24230KA2007PTC043892
→ acquired by Mrs.Juie Hilal
|
IRP · Sep 2017
|
🔒 | 🔒 | 🔒 | 1y 9mo
to Jul 2019
|
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 7mo
across 2 completed · every VL on record runs 1y 8mo
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| HEO HYDRO POWER PRIVATE LIMITED U40109KA2007PTC155706
|
Voluntary Liquidator · Feb 2024 |
Rs 9 Cr | Rs 0 Cr | Rs 9 Cr | 1y 7mo to Sep 2025 |
| Siyota Hydro Power Private Limited U40109KA2007PTC155708
|
Voluntary Liquidator · Feb 2024 |
Rs 12 Cr | Rs 0 Cr | Rs 12 Cr | 1y 7mo to Sep 2025 |
| RSAB IT INDIA PRIVATE LIMITED U73200KA2013PTC068738
|
Voluntary Liquidator · Mar 2025 |
— | — | — | in process |
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 count1 mandates on record
Recovery vs liquidation value273.8%
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 outcome22 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 Professional1
Voluntary Liquidator3
Of these, 1 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
Bengaluru1 mandate
Bench median 12 months to outcome · 27% resolved (176 concluded cases)
Gigi runs a median 22 months to outcome across 1 concluded mandate.
The benches those mandates sit in run at 12 months, weighted by how many of his cases each one holds —
so he is taking 287 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
Pharmaceuticals1
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