Resolved — plan approved
2Acquirer 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 |
|---|---|---|---|---|---|
|
Neueon Towers Limited
L40109TG2006PLC049743
→ acquired by Preca Solutions India Private Limited, Mr Madala Srinivasu and Ms. Madala Anithaa jointly
|
IRP · Jun 2019
RP · Jul 2019
|
🔒 | 🔒 | 🔒 | 5y 4mo
to Oct 2024
|
|
SRIVARI ALLOYS INDIA PRIVATE LIMITED
U27106TZ2006PTC013183
→ acquired by Ferrosco Industries Private Limited (FIPL)
|
IRP · Jul 2019
|
🔒 | 🔒 | 🔒 | 3y 3mo
to Nov 2022
|
Liquidation — order passed
32 of 3 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates3on this professional's record
Taken to dissolution21 still in process
Order to dissolution16 moaverage over 2 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
KARVIN CUISINES PRIVATE LIMITED
U15549TN2017PTC115303
|
IRP · Apr 2022
RP · May 2022
|
🔒 | 🔒 | 🔒 | 9 mo
to Jan 2023
|
|
Automotive Coaches & Components Private Limited
U34100TN1980PLC008389
|
IRP · Sep 2019
|
🔒 | 🔒 | 🔒 | 2y 6mo
to Mar 2022
|
|
CARGOWINGS LOGISTICS LIMITED
U60231TN2012PLC086461
|
Liquidator · Oct 2024
|
🔒 | 🔒 | 🔒 | 11 mo
to Oct 2024
|
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
1Where 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: J R T Agromin Trading Private Limited at 2,524 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
J R T Agromin Trading Private Limited
U51100TN2007PTC062640
Trading & Distribution |
IRP · Oct 2019
|
2,524d 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
2Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
Archit Builders Private Limited
U45201TN1998PTC040643
Construction & Infrastructure |
IRP · Jul 2022
RP · Aug 2022
|
4y 2mo |
|
PARVEEN TRAVELS PRIVATE LIMITED
U63040TN2000PTC045176
Logistics & Transport |
IRP · Jun 2024
|
2y 3mo |
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 count6 mandates on record
Recovery vs liquidation value105.4%
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 outcome30 months
national median 16 months · median of 5 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
Liquidator1
Of these, 7 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
Chennai7 mandates
Bench median 13 months to outcome · 20% resolved (503 concluded cases)
Hyderabad1 mandate
Bench median 14 months to outcome · 38% resolved (348 concluded cases)
Madurai runs a median 30 months to outcome across 5 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 taking 523 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
Logistics & Transport2
Power & Energy1
Food & Agro1
Steel & Metals1
Machinery & Equipment1
Construction & Infrastructure1
Trading & Distribution1
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