MG
Mutharasapuram Ganesan Chandrasekaran
Insolvency Professional · Resolution Professional FREE PROFILE
IPA Insolvency Professional Agency of Instit
AFA Valid till Jun 2027
Bench data unavailable
State data unavailable
IBBI Reg IBBI/IPA-003/00337/2021-2022/13620
Cases Handled
8
1 with financial detail
Resolved
1
17% resolution rate
Liquidations
5
liquidation orders
Recovery vs Liq. Value
60.8%
natl avg 166.9%
IRP Appointments
4
interim — at CIRP commencement
Mandate totals · across concluded cases
Claims Managed
₹20
Cr · across 1 mandate with figures
Total Realised
₹4
Cr · to creditors
Realised vs Claims
21.1%
across the book
Largest Mandate
₹20 Cr
VARADHARAJA FOODS PRIVATE…
Resolved — plan approved (1)
| Corporate Debtor | Role / Appointed | Admitted | Realised | Rec vs LV | Haircut |
|---|---|---|---|---|---|
|
VARADHARAJA FOODS PRIVATE LIMITED
U15130TZ2009PTC015235
|
IRP · Nov 2022
|
₹20 Cr | ₹4 Cr | 60.8% | 78.9% |
Liquidation — order passed (5)
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims |
|---|---|---|---|---|
|
FIPOLA RETAIL (INDIA) PRIVATE LIMITED
U15532TN2016PTC113906
|
Liquidator · Mar 2025
|
— | — | — |
|
VASAVI HOUSING INFRASTRUCTURE LIMITED
U45202TN2006PLC059149
|
Liquidator · Dec 2024
|
— | — | — |
|
FREEWORLD EXPORTS PRIVATE LIMITED
U51420TN2004PTC052776
|
Liquidator · Dec 2023
|
— | — | — |
|
FASHION INFLUENCE CLOTHING INDIA PRIVATE LIMITED
U52322TN2011PTC082161
|
IRP · Nov 2023
RP · Dec 2023
|
— | — | — |
|
GFM RETAIL PVT LTD
U74900TN2015PTC102467
|
Liquidator · Dec 2024
|
— | — | — |
Under CIRP — ongoing (2)
| Corporate Debtor | Role / Appointed | CIRP Age | Stage |
|---|---|---|---|
|
SOUNDARARAJA MILLS LIMITED
U17111TZ1937PLC014821
|
IRP · Aug 2022
|
8 mo | data unavailable |
|
LOOCUST INCORP APPAREL EXPORT PRIVATE LIMITED
U17111TZ2015PTC022074
|
IRP · Jul 2023
|
4y 6mo | data unavailable |
Live mandates — admitted claims and recovery are determined only as each case concludes, so figures appear here once an outcome is reached.
About this data: Profile data is sourced from IBBI quarterly newsletters and public announcement records. Only cases where this IP was appointed as Resolution Professional are shown. Data coverage grows as we add historical IBBI newsletters. Report an error →
Performance Summary
Resolution rate
17%
Recovery vs liq. value
60.8% (natl 166.9%)
Recovery vs LV (weighted)
60.8% claim-wtd
Avg haircut (resolved)
78.9% (natl 69.4%)
Sectors covered
0
Data source
IBBI Quarterly
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