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Home / RP Tracker / N Sivachalam

N Sivachalam UNCLAIMED PROFILE

Insolvency Professional · Tamil Nadu · Active since 2017
IPA ICAI IIIPI Bench Chennai · South Reg IBBI/IPA-001/IP-P00187/2017-18/10366 CPE 163 credits
Manufacturing
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Career composition · 6 CIRP mandates
5
1
Liquidation 5 Under CIRP 1
Appointments by year
'17'18'19'20'21'22'23'24'25'26
Overview Liquidation 5 Under CIRP 1 Standing
Mandates
6cases
5 with financials · last appointed Sep 2024
Claims Managed
Rs 871Cr
across 5 cases with figures
Realised for Creditors
Rs 10Cr
1.1% of admitted claims
Resolved
0cases
0% resolution rate
Typical CIRP Time
12 months
nationally 16 months
Largest Mandate
Rs 328 Cr
Senthil Paper and Board…

Liquidation — order passed

5
1 of 5 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates5on this professional's record
Taken to dissolution14 still in process
Distributed vs liquidation value84.5%across 1 case with both figures · whole record 79.7%
Order to dissolution95 moaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Senthil Paper and Boards Private Limited
U02101TZ2002PTC010260
IRP · Nov 2017
RP · Jan 2018
🔒 🔒 🔒 15 mo
to Feb 2019
SHRI PKP SPINTEX MILLS PRIVATE LIMITED
U17111TZ2006PTC012807
Liquidator · Sep 2024
🔒 🔒 🔒 12 mo
to Nov 2023
C A V Cotton Mills Limited
U17115TZ1987PTC002014
RP · Dec 2019
Liquidator · Mar 2022
🔒 🔒 🔒 2y 5mo
to Mar 2022
Sri Padambalaji Steels Private Limited
U27109TZ1995PTC005862
RP · Dec 2017
Liquidator · Mar 2018
🔒 🔒 🔒 6 mo
to Mar 2018
EVERON CASTINGS PRIVATE LIMITED
U27310TZ2008PTC014707
Liquidator · Dec 2018
🔒 🔒 🔒 12 mo
to Dec 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: ANNAMALAIAR TEXTILES PRIVATE LIMITED at 2,968 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
ANNAMALAIAR TEXTILES PRIVATE LIMITED
U18101TN1980PTC008302
Textiles & Apparel
IRP · Aug 2018
RP · Sep 2018
2,968d 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.
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
Typical time to outcome12 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 Professional6
Liquidator4
Of these, 2 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
Chennai6 mandates
Bench median 13 months to outcome · 20% resolved (503 concluded cases)
N runs a median 12 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 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
Textiles & Apparel3
Other Manufacturing2
Food & Agro1

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