Resolved — plan approved
4Acquirer 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 |
|---|---|---|---|---|---|
|
Assam Company India Limited
L01132AS1977PLC001685
→ acquired by BRS Ventures Investment Limited
|
RP · Jan 2018
|
🔒 | 🔒 | 🔒 | 11 mo
to Sep 2018
|
|
VIRGO CEMENTS LIMITED
U26942ML1986PLC002570
→ acquired by PRAG INDIA
|
IRP · Dec 2023
RP · Jan 2024
|
🔒 | 🔒 | 🔒 | 16 mo
to Mar 2025
|
|
UIC UDYOG LIMITED
U27109WB1995PLC076114
→ acquired by Laser Power & Infra Private Limited
|
IRP · Sep 2019
RP · Oct 2019
|
🔒 | 🔒 | 🔒 | 1y 6mo
to Apr 2021
|
|
CITY MALL DEVELOPERS PRIVATE LIMITED
U45209WB2005PTC101577
→ acquired by Gopal Sponge & Power Private Limited
|
RP · May 2022
|
🔒 | 🔒 | 🔒 | 2y 5mo
to Sep 2024
|
Liquidation — order passed
107 of 10 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates10on this professional's record
Taken to dissolution73 still in process
Distributed vs liquidation value22.7%across 4 cases with both figures · whole record 79.7%
Order to dissolution41 moaverage over 7 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Hari Machines Limited
L29299OR1948PLC000713
|
Liquidator · Nov 2018
|
🔒 | 🔒 | 🔒 | 6 mo
to Nov 2018
|
|
VISA PHARMACEUTICALS PRIVATE LIMITED
U24232WB2010PTC145229
|
IRP · Dec 2019
|
🔒 | 🔒 | 🔒 | 14 mo
to Jan 2021
|
|
BHUVEE STENOVATE PRIVATE LIMITED
U27100WB2007PTC120297
|
IRP · Mar 2019
RP · Apr 2019
Liquidator · Feb 2020
|
🔒 | 🔒 | 🔒 | 11 mo
to Feb 2020
|
|
BRG IRON & STEEL CO. PRIVATE LIMITED
U27101WB2002PTC095499
|
IRP · Mar 2019
RP · Apr 2019
Liquidator · Feb 2020
|
🔒 | 🔒 | 🔒 | 11 mo
to Feb 2020
|
|
JAS INFRASTRUCTURE AND POWER LIMITED
U40109WB2002PLC162558
|
Liquidator · Jul 2020
|
🔒 | 🔒 | 🔒 | 9 mo
to Jul 2020
|
|
RABIRUN VINIMAY PVT.LTD.
U51109WB1995PTC068654
|
IRP · Mar 2019
RP · Apr 2019
Liquidator · Mar 2020
|
🔒 | 🔒 | 🔒 | 12 mo
to Mar 2020
|
|
EMC LIMITED
U70100WB2010PLC151197
|
RP · Feb 2019
|
🔒 | 🔒 | 🔒 | 5y
to Nov 2023
|
|
Kohinoor Pulp and Paper Private Limited
U74999WB2008PTC126964
|
RP · Jan 2019
|
🔒 | 🔒 | 🔒 | 10 mo
to Jul 2019
|
|
VISA PHARMACEUTICALS PRIVATE LIMITED
U85100WB2008PTC127222
|
RP · Jan 2020
|
🔒 | 🔒 | 🔒 | 15 mo
to Feb 2021
|
|
Purna Pharmaceuticals Private Limited
U85100WB2008PTC129015
|
IRP · Oct 2019
Liquidator · Jan 2020
|
🔒 | 🔒 | 🔒 | 4 mo
to Jan 2020
|
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: FORT PROJECTS PVT LTD at 2,530 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
FORT PROJECTS PVT LTD
U40102WB1996PTC077205
Power & Energy |
IRP · Nov 2023
IRP · Nov 2023
RP · Mar 2024
RP · Mar 2024
|
2,530d past 330d limit | Under CIRP |
|
VENUS BIOSCIENCES PRIVATE LIMITED
U74999HP2008PTC031161
Other Services |
IRP · Apr 2023
RP · May 2023
|
1,258d past 330d limit | Under CIRP |
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 |
|---|---|---|
|
VEDIC REALTY PRIVATE LIMITED
U45201WB1996PTC079333
Construction & Infrastructure |
IRP · Jan 2024
|
2y 8mo |
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 countTop 10% of 2,567 ranked
At Kolkata bench — by mandate countTop 10% of 201
Recovery vs liquidation value258.1%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor4 of 4
Typical time to outcome11 months
national median 16 months · median of 14 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 Professional24
Liquidator6
Of these, 10 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
Kolkata14 mandates
Bench median 14 months to outcome · 33% resolved (528 concluded cases)
Guwahati2 mandates
Bench median 11 months to outcome · 43% resolved (37 concluded cases)
Chandigarh1 mandate
Bench median 20 months to outcome · 36% resolved (211 concluded cases)
Kannan runs a median 11 months to outcome across 14 concluded mandates.
The benches those mandates sit in run at 14 months, weighted by how many of his cases each one holds —
so he is closing 86 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
Other Services3
Steel & Metals2
Power & Energy2
Construction & Infrastructure2
Food & Agro1
Machinery & Equipment1
Pharmaceuticals1
Cement, Glass & Ceramics1
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