Resolved — plan approved
2Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
| Corporate Debtor | Role / Appointed | Admitted | Realised | Rec vs LV | Duration |
|---|---|---|---|---|---|
|
JAIHIND PROJECTS LIMITED
L45201GJ1985PLC008338
→ acquired by Parixit Irrigation Limited
|
IRP · Nov 2018
RP · Dec 2018
|
🔒 | 🔒 | 🔒 | 17 mo
to Mar 2020
|
|
FOURPOL ELECTRICALS PRIVATE LIMITED
U31401TN2011PTC081386
→ acquired by Mr.Hiren C Shah
|
RP · Apr 2022
|
🔒 | 🔒 | 🔒 | 1y 9mo
to Jul 2023
|
Voluntary liquidations
8Solvent 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 dissolution1y 9mo
across 7 completed · every VL on record runs 1y 8mo
Dissolution orders read4 of 8
the tribunal's own order, field by field — expand a row for the dated sequence
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| LAXMINARAYAN GIN PVT. LTD. U01405GJ2006PTC049163
4 dated steps in the orderAHMEDABAD BENCH, COURT 1
|
Voluntary Liquidator · Feb 2019 |
Rs 0 Cr | — | Rs 0 Cr | 1y 9mo to Dec 2020 |
| D CHANDRAKANT AND BROTHERS PVT LTD U15142GJ1987PTC009815
6 dated steps in the orderAhmedabad Bench Court 1
|
Voluntary Liquidator · Feb 2019 |
Rs 1 Cr | — | Rs 0 Cr | 1y 9mo to Dec 2020 |
| AMB LIFTING SOLUTIONS PRIVATE LIMITED U51103TN2007PTC065268
|
Voluntary Liquidator · Feb 2026 |
— | — | — | in process |
| CHUDGAR RANCHHODLAL JETHALAL TRADE PRIVATE LIMITED U65910GJ1985PTC007688
|
Voluntary Liquidator · Feb 2019 |
Rs 1 Cr | — | Rs 1 Cr | 1y 11mo to Feb 2021 |
| SARAS PERMANENT FUND LIMITED U65991TN1996PLC035174
|
Voluntary Liquidator · Apr 2025 |
Rs 3 Cr | Rs 3 Cr | Rs 0 Cr | 6 mo to Oct 2025 |
| DVARKESH FINANCIAL SERVICES PRIVATE LIMITED U65999GJ2017PTC096982
|
Voluntary Liquidator · Mar 2019 |
Rs 2 Cr | Rs 0 Cr | Rs 2 Cr | 18 mo to Sep 2020 |
| ANDROMEDA DERIVATIVE STRATEGIES LIMITED U67120GJ2007PLC052046
3 dated steps in the orderAHMEDABAD BENCH, COURT NO. II
|
Voluntary Liquidator · Jan 2019 |
Rs 5 Cr | — | Rs 5 Cr | 2y 7mo to Sep 2021 |
| MUDITA VENTURES PRIVATE LIMITED U74999TN2020PTC133962
4 dated steps in the orderSPECIAL BENCH (COURT– I) CHENNAI
|
Voluntary Liquidator · Feb 2024 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 3y 10mo to Oct 2024 |
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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Claim profile →Activity & context · vs India's IP universe
Activity — mandate count2 mandates on record
Recovery vs liquidation value159.7%
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 outcome19 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 Professional3
Voluntary Liquidator8
Of these, 1 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
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Chennai1 mandate
Bench median 13 months to outcome · 20% resolved (504 concluded cases)
Premnarayan runs a median 19 months to outcome across 2 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 taking 149 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
Construction & Infrastructure1
Electronics & Electricals1
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