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 |
|---|---|---|---|---|---|
|
Rosvar Steels Private Limited
U27109TZ1995PTC006283
|
IRP · Jun 2022
RP · Jul 2022
|
🔒 | 🔒 | 🔒 | 17 mo
to Nov 2023
|
Liquidation — order passed
21 of 2 carried through to dissolution — liquidation completed and the company struck off.
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Vasan Construction Company Private Limited
U45206TN2011PTC081800
|
Liquidator · Nov 2021
|
🔒 | 🔒 | 🔒 | 2y 7mo
to Nov 2021
|
|
Ad Mart Private Limited
U74300TN1998PTC040474
|
IRP · Apr 2021
|
🔒 | 🔒 | 🔒 | —
to Apr 2024
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.
Withdrawn — Section 12A
1Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
J R Furnace and Ovens Private Limited
U29142TN2008PTC068171
Machinery & Equipment |
IRP · Nov 2019
|
6y 8mo |
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 45% of 2,443
At Chennai bench — by mandate count#85 of 150
Recovery vs LV — vs national avg-48.8 pts
Speed — avg CIRP vs national avg2 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 Professional4
Liquidator1
Sector exposure
Other Manufacturing1
Machinery & Equipment1
Construction & Infrastructure1
Other Services1
Performance summary
Resolution rate33%
Recovery vs LV (claim-wtd)118.1%
Realised vs claims (book)12.9%
IRP appointments3
Data sourceIBBI · NCLT · MCA
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