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Home / RP Tracker / Perumal Ulaganathan

Perumal Ulaganathan UNCLAIMED PROFILE

Insolvency Professional · Active since 2019
IPA ICAI IIIPI Bench Chennai · South Reg IBBI/IPA-001/IP-P00970/2017-2018/11600 CPE 13 credits
MiningOther ServicesChemicals & Plastics
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Career composition · 4 CIRP mandates
2
1
1
Liquidation 2 Under CIRP 1 Withdrawn / settled 1
Appointments by year
'19'20'21'22'23'24'25'26
Overview Liquidation 2 Under CIRP 1 Withdrawn 1 Standing
Mandates
3cases
2 with financials · last appointed Jan 2024
Claims Managed
Rs 73Cr
across 2 cases with figures
Realised for Creditors
Rs 0Cr
0.7% of admitted claims
Resolved
0cases
0% resolution rate
Typical CIRP Time
16 months
nationally 16 months
Largest Mandate
Rs 72 Cr
Shriram SEPL Composites…

Liquidation — order passed

2
1 of 2 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates2on this professional's record
Taken to dissolution11 still in process
Distributed vs liquidation value80.0%across 1 case with both figures · whole record 79.7%
Order to dissolution22 moaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Shriram SEPL Composites Private Limited
U25200TN2007PTC065726
IRP · Dec 2020
RP · Feb 2021
🔒 🔒 🔒 16 mo
to Apr 2022
Srinathiji Glazings Private Limited
U74990TN2010PTC076761
IRP · Sep 2019
RP · Sep 2019
🔒 🔒 🔒 16 mo
to Jan 2021
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: Coromandel Granites (I) Limited at 1,018 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Coromandel Granites (I) Limited
L14102PY1986PLC000415
Mining
IRP · Dec 2023
RP · Dec 2023
RP · Jan 2024
1,018d past 330d limit 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.

Withdrawn / settled

1
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
Golden Anchor Logistics Private Limited
U74999TN2011PTC081380
Other Services
IRP · Jul 2019
7y 2mo
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 count3 mandates on record
Typical time to outcome16 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 Professional8
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
Chennai4 mandates
Bench median 13 months to outcome · 20% resolved (506 concluded cases)
Perumal runs a median 16 months to outcome across 2 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 taking 86 days longer 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
Other Services2
Mining1
Chemicals & Plastics1
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