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Home / RP Tracker / Prakul Thadi

Prakul Thadi UNCLAIMED PROFILE

Insolvency Professional · Active since 2021
IPA ICSI IIP Bench Chennai · South Reg IBBI/IPA-002/IP-N01149/2021-2022/13806 CPE 115 credits
Real Estate & HousingConstruction & InfrastructureOther Services
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Viewed in 90 days — what ARCs, banks & funds see when they search this name
Career composition · 27 CIRP mandates
3
20
4
Resolved 3 Liquidation 20 Under CIRP 4
Appointments by year
'21'22'23'24'25'26
Overview Resolved 3 Liquidation 20 Under CIRP 4 Standing
Mandates
27cases
Top 5% by mandate count · last appointed Feb 2025
Claims Managed
Rs 2,364Cr
across 22 cases with figures
Realised for Creditors
Rs 265Cr
11.2% of admitted claims
Resolved
3cases
13% resolution rate
Recovery vs LV
196.6%
2 of 2 beat the floor
Typical CIRP Time
5 months
nationally 16 months
Largest Mandate
Rs 513 Cr
INDRAJIT POWER PRIVATE …

Resolved — plan approved

3
Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
Corporate DebtorRole / AppointedAdmittedRealisedRec vs LVDuration
INDRAJIT POWER PRIVATE LIMITED
U45200MH1994PTC081267
→ acquired by Consortium of 'Evonith Metallics Limited' and 'Evonith Holdings Pte. Limited' Singapore, with Evonith Metallics Limited as the Lead Member (referred to as 'Evonith Consortium')
RP · Feb 2025
Rs 513 Cr Rs 232 Cr 190.7% 2y 2mo
to Apr 2026
DIVYA INFRA PROPERTIES PRIVATE LIMITED
U70200KA2005PTC036361
→ acquired by Mr. Venkataswamappa Raghu
IRP · Oct 2023
RP · Dec 2023
Rs 76 Cr Rs 25 Cr 275.0% 2y 5mo
to Apr 2026
Hridaynath Consultancy Private Limited
U74120MH2010PTC208538
→ acquired by Pasha Finance Private Limited
RP · Mar 2023
🔒 🔒 🔒 3y 1mo
to Mar 2026

Liquidation — order passed

20
6 of 20 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates20on this professional's record
Taken to dissolution614 still in process
Distributed vs liquidation value262.0%across 4 cases with both figures · whole record 79.7%
Order to dissolution26 moaverage over 6 completed cases
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
MILLER BUILDERS PRIVATE LIMITED
U45200TN2007PTC065196
Liquidator · Sep 2023
🔒 🔒 🔒 5 mo
to Sep 2023
VENUE DEVELOPERS PRIVATE LIMITED
U45200TN2007PTC065212
Liquidator · Sep 2023
🔒 🔒 🔒 5 mo
to Sep 2023
NAVIGATOR CREATORS PRIVATE LIMITED
U45200TN2007PTC065213
IRP · Mar 2023
RP · May 2023
Liquidator · Sep 2023
🔒 🔒 🔒 5 mo
to Sep 2023
GROUSE PROMOTERS PRIVATE LIMITED
U45200TN2007PTC065282
Liquidator · Sep 2023
🔒 🔒 🔒 5 mo
to Sep 2023
GULLS REALTORS PRIVATE LIMITED
U45309TN2007PTC065279
Liquidator · Aug 2023
🔒 🔒 🔒 5 mo
to Aug 2023
SELVA DEVELOPERS PRIVATE LIMITED
U70101TN2007PTC064564
Liquidator · Sep 2023
🔒 🔒 🔒 5 mo
to Sep 2023
PRISTINE PROMOTERS PRIVATE LIMITED
U70101TN2007PTC064645
IRP · Mar 2023
RP · May 2023
Liquidator · Sep 2023
🔒 🔒 🔒 5 mo
to Sep 2023
DUBLIN PROMOTERS PRIVATE LIMITED
U70101TN2007PTC064646
IRP · Mar 2023
RP · May 2023
Liquidator · Sep 2023
🔒 🔒 🔒 5 mo
to Sep 2023
VENUE PROMOTERS PRIVATE LIMITED
U70101TN2007PTC064669
Liquidator · Sep 2023
🔒 🔒 🔒 5 mo
to Sep 2023
NAVIGATOR DEVELOPERS PRIVATE LIMITED
U70101TN2007PTC064676
IRP · Mar 2023
RP · May 2023
Liquidator · Sep 2023
🔒 🔒 🔒 5 mo
to Sep 2023
SHAFT PROMOTERS PRIVATE LIMITED
U70101TN2007PTC064677
IRP · Mar 2023
RP · May 2023
Liquidator · Sep 2023
🔒 🔒 🔒 5 mo
to Sep 2023
SHAFT DEVELOPERS PRIVATE LIMITED
U70101TN2007PTC064685
Liquidator · Sep 2023
🔒 🔒 🔒 5 mo
to Sep 2023
Nellai Realtors Private Limited
U70101TN2007PTC065407
Liquidator · Aug 2023
🔒 🔒 🔒 5 mo
to Aug 2023
Fauna Realtors Private Limited
U70101TZ2007PTC014098
Liquidator · Aug 2023
🔒 🔒 🔒 5 mo
to Aug 2023
PORPOISE REALTORS PRIVATE LIMITED
U70101TZ2007PTC014099
Liquidator · Sep 2023
🔒 🔒 🔒 5 mo
to Sep 2023
Camel Shelters Private Limited
U70101TZ2007PTC014100
Liquidator · Aug 2023
🔒 🔒 🔒 5 mo
to Aug 2023
DAFFODIL SHELTERS PRIVATE LIMITED
U70101TZ2007PTC014101
Liquidator · Aug 2023
🔒 🔒 🔒 5 mo
to Aug 2023
SEASTAR REALTORS PRIVATE LIMITED
U70101TZ2007PTC014103
IRP · Mar 2023
RP · May 2023
Liquidator · Sep 2023
🔒 🔒 🔒 5 mo
to Sep 2023
JEFFSON UNIVERSAL LOGISTICS PRIVATE LIMITED
U70102TN2001PTC046825
Liquidator · Sep 2023
🔒 🔒 🔒 6 mo
to Sep 2023
SHEBA MARINE ENGINEERING PRIVATE LIMITED
U74900TN2014PTC097690
IRP · Jun 2024
RP · Aug 2024
Liquidator · Dec 2024
🔒 🔒 🔒 6 mo
to Dec 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

4
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
2within 180d
2past 330d
Longest-running live mandate: SATVA INFRATECH PRIVATE LIMITED at 1,772 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
SATVA INFRATECH PRIVATE LIMITED
U45209TG2007PTC056592
Construction & Infrastructure
IRP · Mar 2022
1,772d past 330d limit Under CIRP
Surya-Landmark Developers Private Limited
U70102MH2008PTC188635
Real Estate & Housing
IRP · Dec 2021
IRP · Dec 2021
IRP · Jun 2023
IRP · Jun 2023
1,203d past 330d limit Under CIRP
ORGANIC WORLD PRIVATE LIMITED
U01114MP2020PTC051205
Food & Agro
IRP
52d within 180d Newly admitted
VIJAY MINING & INFRA CORP PRIVATE LIMITED
U14100AP2010PTC066753
IRP
14d within 180d Newly admitted
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 →.
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Activity & context · vs India's IP universe
Activity — mandate countTop 5% of 2,570 ranked
At Chennai bench — by mandate countTop 5% of 152
Recovery vs liquidation value196.6%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor2 of 2
Typical time to outcome5 months
national median 16 months · median of 23 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 Professional25
Liquidator20
Of these, 12 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
Chennai20 mandates
Bench median 13 months to outcome · 20% resolved (503 concluded cases)
Mumbai3 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Indore1 mandate
Bench median 15 months to outcome · 49% resolved (35 concluded cases)
Amaravati1 mandate
Bench median 15 months to outcome · 28% resolved (54 concluded cases)
Prakul runs a median 5 months to outcome across 23 concluded mandates. The benches those mandates sit in run at 14 months, weighted by how many of his cases each one holds — so he is closing 257 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
Real Estate & Housing16
Construction & Infrastructure7
Other Services2
Food & Agro1
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