Liquidation — order passed
1Liquidation mandates1on this professional's record
Taken to dissolution01 still in process
Distributed vs liquidation value242.9%across 1 case with both figures · whole record 79.7%
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
PALM LAGOON BACKWATER RESORTS PRIVATE LIMITED
U55101KL2002PTC015416
|
IRP · Sep 2019
RP · Oct 2019
Liquidator · Nov 2021
|
🔒 | 🔒 | 🔒 | 2y 1mo
to Nov 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
2Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
Longest-running live mandate: Sabari Inn Private Limited at 3,384 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
Sabari Inn Private Limited
U55101TN1999PLC042205
Trading & Distribution |
IRP · Jul 2017
|
3,384d past 330d limit | Under CIRP |
|
Lakee E Shopping India Private Limited
U52390TN2011PTC083212
Trading & Distribution |
IRP · Jul 2017
|
3,345d 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.
Withdrawn / settled
1Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
CROWN ROTMAX ENGINEERING PRIVATE LIMITED
U45400TN2013PTC093815
Construction & Infrastructure |
IRP · Apr 2021
|
5y 4mo |
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 outcome26 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
Liquidator1
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
Chennai3 mandates
Bench median 13 months to outcome · 20% resolved (503 concluded cases)
Kochi1 mandate
Bench median 14 months to outcome · 33% resolved (64 concluded cases)
R.Velu runs a median 26 months to outcome across 1 concluded mandate.
The benches those mandates sit in run at 13 months, weighted by how many of his cases each one holds —
so he is taking 385 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
Trading & Distribution3
Construction & Infrastructure1
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