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Home / RP Tracker / Rajendran Shanmugam

Rajendran Shanmugam UNCLAIMED PROFILE

Insolvency Professional · Tamil Nadu · Active since 2017
IPA ICSI IIP Bench Chennai · South Reg IBBI/IPA-002/IP-N00098/2017-18/10241 CPE 125 credits
HotelsWholesale and Retail TradeConstructionManufacturingOthers (Healthcare, Distillery, Food Processing & Toll Roads)
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Viewed in 90 days — what ARCs, banks & funds see when they search this name
Career composition · 26 CIRP mandates
6
12
5
3
Resolved 6 Liquidation 12 Under CIRP 5 Withdrawn / settled 3
Appointments by year
'17'18'19'20'21'22'23'24'25'26
Overview Resolved 6 Liquidation 12 Under CIRP 5 Withdrawn 3 Voluntary 3 Standing
Mandates
23cases
Top 1% by mandate count · last appointed Apr 2026
Claims Managed
Rs 16,155Cr
across 17 cases with figures
Realised for Creditors
Rs 2,012Cr
12.5% of admitted claims
Resolved
6cases
33% resolution rate
Recovery vs LV
164.3%
5 of 6 beat the floor
Typical CIRP Time
14 months
nationally 16 months
Largest Mandate
Rs 10,278 Cr
NAGARJUNA OIL CORPORATI…

Resolved — plan approved

6
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
Empee Distilleries Limited
L15511TN1983PLC010313
→ acquired by SNJ Distilleries Limited
RP · Dec 2018
🔒 🔒 🔒 15 mo
to Jan 2020
PROPEL VALVES PRIVATE LIMITED
U30007TN1995PTC029790
→ acquired by Shri.M.Swaminathan, Shri Vivek Jacob Simon and Shri. E.S.Narayanan
IRP · Aug 2017
🔒 🔒 🔒 7 mo
to Mar 2018
L and T Halool Shamlaji Tollway
U45203TN2008PLC069210
→ acquired by Kalyan Toll Infrastructure Limited
RP · Sep 2019
🔒 🔒 🔒 3y 1mo
to Aug 2022
PRC International Hotels Private Limited
U55100TN2011PTC081078
→ acquired by M/s. Sai Baba Business Solutions Pvt. Ltd.
RP · Feb 2018
🔒 🔒 🔒 13 mo
to Aug 2019
Star Agro Marine Exports Private Limited
U74999TN1998PTC040686
→ acquired by Seelam Infra Developers Pvt. Ltd. (SIDPL)
IRP · Jan 2018
RP · Mar 2018
🔒 🔒 🔒 14 mo
to Mar 2019
Vasan Health Care Private Limited
U85110TN2007PTC064072
→ acquired by ASG HOSPITAL PRIVATE LIMITED
RP · Apr 2021
🔒 🔒 🔒 5y 9mo
to Feb 2023

Liquidation — order passed

12
4 of 12 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates12on this professional's record
Taken to dissolution48 still in process
Distributed vs liquidation value86.5%across 3 cases with both figures · whole record 79.7%
Order to dissolution44 moaverage over 4 completed cases
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Dharani Sugarsand Chemicals Limited
L15421TN1987PLC014454
IRP · Jul 2021
RP · May 2022
🔒 🔒 🔒 1y 10mo
to Jun 2023
PADMAADEVI SUGARS LIMITED
U15421TN1995PLC029913
Liquidator · Jun 2024
🔒 🔒 🔒 2y 6mo
to Apr 2021
VIJAI SPINNERS (RJPM) PRIVATE LIMITED
U17125TN2013PTC092173
Liquidator · Sep 2025
🔒 🔒 🔒 2y 9mo
to Sep 2022
VINKEM LABS LIMITED
U24231TN1994PLC029622
RP · Nov 2024
Liquidator · Jun 2025
🔒 🔒 🔒 9 mo
to Jun 2025
NAGARJUNA OIL CORPORATION LIMITED
U30006TN1991PLC020837
RP · Sep 2017
🔒 🔒 🔒 17 mo
to Dec 2018
SHREE GANESH EPC PRIVATE LIMITED
U40108TN1999PTC042736
RP · Dec 2019
Liquidator · Jan 2022
🔒 🔒 🔒 2y
to Sep 2021
Arohi Infrastructures Private Limited
U45201TN2006PTC060531
IRP · Mar 2018
RP · Apr 2018
Liquidator · Dec 2018
🔒 🔒 🔒 9 mo
to Dec 2018
VASAVI HOUSING INFRASTRUCTURE LIMITED
U45202TN2006PLC059149
Liquidator · May 2025
🔒 🔒 🔒 10 mo
to Aug 2018
Krishna Industrial Corporation Limited
U45309TN1956PLC001112
IRP · Dec 2019
RP · Jan 2020
Liquidator · Jul 2020
🔒 🔒 🔒 7 mo
to Jul 2020
CAPE ENGINEERS PRIVATE LIMITED
U45500TN2008PTC068214
RP · Dec 2019
Liquidator · Apr 2022
🔒 🔒 🔒 2y 7mo
to Apr 2022
Daehsan Trading India Private Limited
U51109TN1999PTC043513
IRP · Jul 2017
RP · Aug 2017
Liquidator · Mar 2018
🔒 🔒 🔒 9 mo
to Mar 2018
RAIHAN HEALTHCARE PRIVATE LIMITED
U85194KL2013PTC035127
IRP · Mar 2019
RP · Apr 2019
🔒 🔒 🔒 9 mo
to Dec 2019
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

5
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
1within 180d
4past 330d
Longest-running live mandate: TD Toll Road Private Limited at 2,493 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
TD Toll Road Private Limited
U45400MH2007PTC169141
Construction & Infrastructure
IRP · Nov 2019
RP · Jun 2020
2,493d past 330d limit Inviting EoI
YOSMITE ENGINEERING PRIVATE LIMITED
U74900TN2010PTC078417
Other Services
RP · Jul 2025
536d past 330d limit Under CIRP
SU TOLL ROAD PRIVATE LIMITED
U74999MH2007PTC169145
Other Services
RP · Dec 2025
400d past 330d limit Inviting EoI
USHDEV WINDPARK PRIVATE LIMITED
U40300TN2012PTC088608
Power & Energy
IRP · Oct 2025
RP · Nov 2025
343d past 330d limit Inviting EoI
OZONE PROJECTS PRIVATE LIMITED
U70101TN2005PTC056894
Real Estate & Housing
IRP · May 2023
IRP · May 2023
IRP · May 2023
68d within 180d 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

3
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
INDO SHELL MOULD LIMITED
U27310TZ1995PLC006101
Other Manufacturing
IRP · Apr 2026
5 mo
A&N SEAWAYS AND PROJECTS PRIVATE LIMITED
U61100TN2019PTC130577
Logistics & Transport
IRP · Dec 2025
9 mo
RAGHAV INDUSTRIES LIMITED
U93090TN1987PLC015077
Other Services
IRP · Dec 2025
9 mo

Voluntary liquidations

3
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 dissolution15 mo across 2 completed · every VL on record runs 1y 8mo
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
HEMADRI CEMENTS LTD
L26942AP1981PLC002995
Voluntary Liquidator · Jul 2025
in process
THIRUVANMIYUR CREDITS & INVESTMENTS PRIVATE LIMITED
U65991TN1992PTC022259
Voluntary Liquidator · Mar 2018
Rs 0 Cr Rs 0 Cr 17 mo
to Sep 2019
MATCH MANUFACTURERS SERVICE ASSOCIATION
U91100TN2009NPL073004
Voluntary Liquidator · Jun 2019
Rs 0 Cr 12 mo
to May 2020
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 →.
Report an error →
Activity & context · vs India's IP universe
Activity — mandate countTop 1% of 2,365 ranked
At Chennai bench — by mandate countTop 5% of 149
Recovery vs liquidation value164.3%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor5 of 6
Typical time to outcome14 months
national median 16 months · median of 18 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 Professional33
Liquidator9
Voluntary Liquidator3
Of these, 13 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
Chennai24 mandates
Bench median 13 months to outcome · 20% resolved (503 concluded cases)
Mumbai2 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Rajendran runs a median 14 months to outcome across 18 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 moving at the pace of his own forums, within a month either way.
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 & Infrastructure6
Other Services5
Food & Agro3
Other Manufacturing2
Electronics & Electricals2
Power & Energy2
Textiles & Apparel1
Trading & Distribution1

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