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Home / RP Tracker / Narender Reddy Banala

Narender Reddy Banala UNCLAIMED PROFILE

Insolvency Professional · Telangana · Active since 2023
IPA ICMAI IPA Bench Hyderabad · South Reg IBBI/IPA-003/ICAI-N-00376/2021-2022/13910
Wholesale and Retail Trade
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Career composition · 3 CIRP mandates
1
1
1
Liquidation 1 Under CIRP 1 Withdrawn / settled 1
Appointments by year
'23'24'25'26
Overview Liquidation 1 Under CIRP 1 Withdrawn 1 Voluntary 1 Standing
Mandates
2cases
1 with financials · last appointed Nov 2024
Claims Managed
Rs 50Cr
across 1 case with figures
Realised for Creditors
Rs 2Cr
3.5% of admitted claims
Resolved
0cases
0% resolution rate
Typical CIRP Time
7 months
nationally 16 months
Largest Mandate
Rs 50 Cr
A G S MANAGEMENT SERVIC…

Liquidation — order passed

1
1 of 1 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates1on this professional's record
Taken to dissolution10 still in process
Order to dissolution23 moaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
A G S MANAGEMENT SERVICES PRIVATE LIMITED
U45208TG2011PTC077420
IRP · Nov 2023
🔒 🔒 🔒 7 mo
to Jun 2024
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.
Corporate DebtorRole / AppointedStatutory clockStage
DAVANI SILKS PRIVATE LIMITED
U52609KL2016PTC047096
IRP · May 2024
RP · Jul 2024
no commencement date 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Withdrawn / settled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
KMC CONSTRUCTIONS LIMITED
U45200TG1993PLC015200
Construction & Infrastructure
IRP · Nov 2024
IRP · Nov 2024
4y 5mo

Voluntary liquidations

1
Solvent 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 dissolution16 mo across 1 completed · every VL on record runs 1y 8mo
Dissolution orders read1 of 1 the tribunal's own order, field by field — expand a row for the dated sequence
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
SUB-K IMPACT FINANCE PRIVATE LIMITED
U65990TG2020PTC138141
6 dated steps in the order
HYDERABAD BENCH - 1
  1. Members' resolution29 Jul 2024
  2. Commencement31 Jul 2024
  3. Public announcement3 Aug 2024
  4. Claims deadline2 Sep 2024
  5. Preliminary report12 Sep 2024
  6. Dissolution order3 Dec 2025
Voluntary Liquidator · Jul 2024
Rs 2 Cr Rs 0 Cr Rs 2 Cr 16 mo
to Dec 2025
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 1 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 Professional5
Voluntary Liquidator1
Of these, 3 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
Hyderabad2 mandates
Bench median 14 months to outcome · 38% resolved (348 concluded cases)
Narender runs a median 7 months to outcome across 1 concluded mandate. The benches those mandates sit in run at 14 months, weighted by how many of his cases each one holds — so he is closing 238 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
Construction & Infrastructure2

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