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 |
|---|---|---|---|---|---|
|
LEO PRIMECOMP PRIVATE LIMITED
U36999TN1996PTC036241
→ acquired by M/s.B.Athithyan and V.Karthikeyan
|
IRP · Jul 2019
RP · Sep 2019
|
🔒 | 🔒 | 🔒 | 3y 5mo
to Jan 2023
|
|
EMI INFRASTRUCTURE PRIVATE LIMITED
U45208TN2008PTC066054
→ acquired by M/s. Ajit Transport company represented by its proprietor Mr.Ajit Singh Harbans Singh Kohli
|
IRP · Feb 2023
RP · Mar 2023
|
🔒 | 🔒 | 🔒 | 2y
to Feb 2025
|
Liquidation — order passed
72 of 7 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates7on this professional's record
Taken to dissolution25 still in process
Distributed vs liquidation value110.0%across 2 cases with both figures · whole record 79.7%
Order to dissolution44 moaverage over 2 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
GEMINI COMMUNICATION LIMITED
L32301TN1995PLC030087
|
Liquidator · Feb 2020
|
🔒 | 🔒 | 🔒 | 8 mo
to Feb 2019
|
|
Surya Balaji Steels Private Limited
U27106TZ2007PTC014046
|
IRP · Oct 2017
RP · Dec 2017
Liquidator · May 2018
|
🔒 | 🔒 | 🔒 | 8 mo
to May 2018
|
|
VEE ESS FORGINGS PRIVATE LIMITED
U28999TN2013PTC093046
|
IRP · Mar 2019
RP · Apr 2019
RP · Jul 2019
Liquidator · Oct 2019
|
🔒 | 🔒 | 🔒 | 7 mo
to Sep 2019
|
|
NEXUS ELECTRO STEEL LIMITED
U29142TN1998PLC040858
|
IRP · Mar 2021
RP · May 2021
|
🔒 | 🔒 | 🔒 | 17 mo
to Sep 2022
|
|
CETHAR CONSTRUCTIONS LIMITED
U45203TN2008PLC067668
|
Liquidator · Aug 2024
|
🔒 | 🔒 | 🔒 | 1y 8mo
to Aug 2024
|
|
OM SHAKTHI TRAVELS PRIVATE LIMITED
U63040TN2004PTC054756
|
IRP · Apr 2025
|
🔒 | 🔒 | 🔒 | — |
|
GALAXY COSMETICS PRIVATE LIMITED
U74900TN2012PTC084383
|
IRP · Sep 2018
RP · Oct 2018
Liquidator · Apr 2019
|
🔒 | 🔒 | 🔒 | 7 mo
to Apr 2019
|
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: SUNGBO ENGINEERING INDIA PRIVATE LIMITED at 396 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
SUNGBO ENGINEERING INDIA PRIVATE LIMITED
U45209TN2017FTC115003
Construction & Infrastructure |
IRP · Aug 2025
|
396d past 330d limit | Newly admitted |
|
ANNAM STEELS PRIVATE LIMITED
U27106TN2000PTC046300
Steel & Metals |
IRP · Nov 2025
Deemed RP · Jan 2026
|
300d inside 330d | Inviting EoI |
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.
Voluntary liquidations
4Solvent 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 dissolution2y 2mo
across 1 completed · every VL on record runs 1y 8mo
Dissolution orders read1 of 4
the tribunal's own order, field by field — expand a row for the dated sequence
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| FORTUNE FLORAGRO INDIA LIMITED U01409PY1997PLC001344
|
Voluntary Liquidator · Jan 2025 |
— | — | — | in process |
| KITTANGI FINANCE PRIVATE LIMITED U65990TN2018PTC122264
|
Voluntary Liquidator · Dec 2024 |
— | — | — | in process |
| MERU CONSULTANTS AND TECHNOLOGIES PRIVATELIMITED U74140TN2000PTC044507
|
Voluntary Liquidator · Dec 2024 |
— | — | — | in process |
| RAPID SCAN SYSTEMS LIMITED U85110TN1993PLC026064
6 dated steps in the orderChennai, Division Bench - I
Delay recorded in the order“Delay in completion of the liquidation process beyond 12 months” |
Voluntary Liquidator · Sep 2020 |
Rs 5 Cr | Rs 5 Cr | — | 2y 2mo to Dec 2022 |
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 countTop 10% of 2,365 ranked
At Chennai bench — by mandate countTop 20% of 149
Recovery vs liquidation value66.6%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor0 of 2
Typical time to outcome13 months
national median 16 months · median of 8 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
Liquidator5
Voluntary Liquidator4
Of these, 9 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)
Mathur runs a median 13 months to outcome across 8 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 moving at the pace of his own forums, within a month either way.
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 Manufacturing3
Construction & Infrastructure3
Machinery & Equipment2
Steel & Metals1
Logistics & Transport1
Other Services1
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