Liquidation — order passed
22 of 2 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates2on this professional's record
Taken to dissolution20 still in process
Distributed vs liquidation value0.0%across 1 case with both figures · whole record 79.7%
Order to dissolution15 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Benaka Sponge Iron Private Limited
U27102KA2003PTC032717
|
IRP · Mar 2019
RP · Apr 2019
|
🔒 | 🔒 | 🔒 | 9 mo
to Nov 2019
|
|
RA Powergen Engineers Private Limited
U31101KA2005PTC035754
|
IRP · Mar 2019
|
🔒 | 🔒 | 🔒 | 6 mo
to Sep 2019
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.
Withdrawn / settled
2Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
Golden Gate Ventures Private Limited
U45209KA2008PTC047120
Construction & Infrastructure |
IRP · Sep 2019
|
6y 11mo |
|
Nandi Engineering Limited
U85110KA1996PLC019618
Other Services |
IRP · Jan 2019
RP · Feb 2019
|
7y 8mo |
Voluntary liquidations
1Solvent 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 dissolution9 mo
across 1 completed · every VL on record runs 1y 8mo
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| Tsubosaka AIV India Pvt Ltd U14293KA1994PTC016423
|
Voluntary Liquidator · Aug 2018 |
Rs 2 Cr | — | Rs 2 Cr | 9 mo to May 2019 |
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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Activity & context · vs India's IP universe
Activity — mandate count2 mandates on record
Typical time to outcome7 months
national median 16 months · median of 2 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 Professional6
Voluntary Liquidator1
Of these, 4 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
Bengaluru4 mandates
Bench median 12 months to outcome · 27% resolved (177 concluded cases)
Manjula runs a median 7 months to outcome across 2 concluded mandates.
The benches those mandates sit in run at 12 months, weighted by how many of his cases each one holds —
so he is closing 147 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
Steel & Metals1
Electronics & Electricals1
Construction & Infrastructure1
Other Services1
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