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Home / RP Tracker / Manivannan. J

Manivannan. J UNCLAIMED PROFILE

Insolvency Professional · Active since 2018
IPA ICSI IIP Bench Chennai · South Reg IBBI/IPA-002/IP-N00534/2017-2018/11695
Textiles & ApparelOther ManufacturingConstruction & InfrastructureTrading & DistributionFinancial ServicesOther Services
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Viewed in 90 days — what ARCs, banks & funds see when they search this name
Career composition · 18 CIRP mandates
2
14
1
1
Resolved 2 Liquidation 14 Under CIRP 1 Withdrawn / settled 1
Appointments by year
'18'19'20'21'22'23'24'25'26
Overview Resolved 2 Liquidation 14 Under CIRP 1 Withdrawn 1 Standing
Mandates
17cases
Top 5% by mandate count · last appointed Apr 2021
Claims Managed
Rs 1,111Cr
across 15 cases with figures
Realised for Creditors
Rs 68Cr
6.1% of admitted claims
Resolved
2cases
13% resolution rate
Recovery vs LV
112.2%
1 of 2 beat the floor
Typical CIRP Time
19 months
nationally 16 months
Largest Mandate
Rs 312 Cr
Atlasgold Townships (In…

Resolved — plan approved

2
Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
Corporate DebtorRole / AppointedAdmittedRealisedRec vs LVDuration
Supraja Textiles Private Limited
U18100AP2005PTC046462
→ acquired by Priyanka Cotton Mill ; also 'Sri Priyanka Cotton Mill'
IRP · Aug 2018
🔒 🔒 🔒 1y 8mo
to Apr 2020
U Foam Private Limited
U18209TG1959PTC000833
→ acquired by Mr. Jagannath Sarangapani jointly with Badrinath M Sarangapani
IRP · Dec 2018
🔒 🔒 🔒 2y 7mo
to Aug 2021

Liquidation — order passed

14
4 of 14 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates14on this professional's record
Taken to dissolution410 still in process
Distributed vs liquidation value146.1%across 3 cases with both figures · whole record 79.7%
Order to dissolution46 moaverage over 4 completed cases
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Priyadarsini Limited
L18100TG1981PLC003031
IRP · Sep 2019
🔒 🔒 🔒 1y 7mo
to Apr 2021
Pondicherry Extraction Industries Private Limited
U15143PY1978PTC000151
IRP · Apr 2021
🔒 🔒 🔒 1y 6mo
to Nov 2022
Everwin Textile Mills Private Limited
U17111TZ1994PTC005535
IRP · Oct 2018
Liquidator · May 2020
🔒 🔒 🔒 1y 6mo
to May 2020
Aeon Paper Mills Private Limited
U21000TN2007PTC063273
IRP · Jul 2018
🔒 🔒 🔒 10 mo
to May 2019
Polyex Private Limited
U25209TG1964PTC001027
IRP · Dec 2018
🔒 🔒 🔒 3y 3mo
to Apr 2022
Premsons Super Steel Private Limited
U27106DL2005PTC139566
IRP · Dec 2018
🔒 🔒 🔒 1y 8mo
to Aug 2020
Shree Ganesh EPC Private Limited
U40108TN1999PTC042736
IRP · Sep 2019
🔒 🔒 🔒 2y
to Sep 2021
Atlasgold Townships (India) Private Limited
U45200KL2009PTC023738
IRP · Nov 2019
🔒 🔒 🔒 18 mo
to Jun 2021
JKS The Banyaan Private Limited
U45309PY2016PTC008097
IRP · Apr 2021
🔒 🔒 🔒 1y 6mo
to Nov 2022
Cape Engineers Private Limited
U45500TN2008PTC068214
IRP · Sep 2019
🔒 🔒 🔒 2y 7mo
to Apr 2022
Honeycomb Technologies Private Limited
U51503TN2006PTC058554
IRP · May 2019
Liquidator · Mar 2020
🔒 🔒 🔒 10 mo
to Mar 2020
Thirupura Chits Private Limited
U65992TN2003PTC050623
IRP · Sep 2018
Liquidator · Jul 2019
🔒 🔒 🔒 10 mo
to Jul 2019
RCM Infrastructure Limited
U70102TG2009PLC062436
IRP · Jan 2019
🔒 🔒 🔒 3y 1mo
to Feb 2022
Moka Technology Services Limited
U72900TN2004PLC054575
Liquidator · Jul 2018
🔒 🔒 🔒 12 mo
to Jul 2018
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

1
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
1past 330d
Longest-running live mandate: Shri Sakthi Papers India Private Limited at 2,719 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Shri Sakthi Papers India Private Limited
U21012TZ2004PTC011163
Other Manufacturing
IRP · Apr 2019
2,719d 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

1
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
Truefix Media Transformation Private Limited
U74900TN2011PTC083117
Other Services
IRP · Sep 2019
7y
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 countTop 5% of 2,308 ranked
At Chennai bench — by mandate countTop 5% of 149
Recovery vs liquidation value112.2%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor1 of 2
Typical time to outcome19 months
national median 16 months · median of 16 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 Professional17
Liquidator4
Of these, 17 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
Chennai11 mandates
Bench median 13 months to outcome · 20% resolved (503 concluded cases)
Hyderabad4 mandates
Bench median 14 months to outcome · 38% resolved (348 concluded cases)
Amaravati1 mandate
Bench median 15 months to outcome · 28% resolved (54 concluded cases)
New Delhi1 mandate
Bench median 17 months to outcome · 36% resolved (780 concluded cases)
Manivannan. runs a median 19 months to outcome across 16 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 taking 164 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
Textiles & Apparel4
Other Manufacturing4
Construction & Infrastructure3
Other Services2
Food & Agro1
Power & Energy1
Trading & Distribution1
Financial Services1

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