Resolved — plan approved
6Acquirer 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 |
|---|---|---|---|---|---|
|
SUJANA UNIVERSAL INDUSTRIES LIMITED
L29309TG1986PLC006714
→ acquired by Triterras Holdings Pte Limited and Invent Assets Securitisation and Reconstruction Private Limited
|
RP · Sep 2019
|
🔒 | 🔒 | 🔒 | 1y 6mo
to Dec 2020
|
|
B V V Paper Industries Limited
U02102TZ1988PLC002310
→ acquired by Mr. Ramesh Khandelwal
|
IRP · May 2021
RP · Jun 2021
|
🔒 | 🔒 | 🔒 | 12 mo
to May 2022
|
|
Terrygold (India) Ltd
U18100TG1991PLC013446
→ acquired by CVK Technologies Pvt. Ltd
|
IRP · Mar 2023
RP · May 2023
|
🔒 | 🔒 | 🔒 | 9 mo
to Jan 2024
|
|
Uthara Fashion Knitwear Limited
U18101TZ1993PLC004607
→ acquired by Mr. Mantharasalam Palanisamy, Proprietor of Shree Veerakumar Fibre
|
IRP · Nov 2019
IRP · Nov 2019
RP · Dec 2019
RP · Dec 2019
|
🔒 | 🔒 | 🔒 | 1y 8mo
to Mar 2024
|
|
Connect Wind (India) Private Limited
U40108TN2010PTC077643
→ acquired by Mohan Mushroom Farms
|
IRP · Mar 2024
RP · Apr 2024
|
🔒 | 🔒 | 🔒 | 12 mo
to Feb 2025
|
|
LOKAA DEVELOPER PRIVATE LIMITED
U70200TN2011PTC082157
→ acquired by M One Flat Owners Association
|
IRP · Jun 2024
RP · Jul 2024
|
🔒 | 🔒 | 🔒 | 17 mo
to Oct 2025
|
Liquidation — order passed
74 of 7 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates7on this professional's record
Taken to dissolution43 still in process
Distributed vs liquidation value94.3%across 2 cases with both figures · whole record 79.7%
Order to dissolution12 moaverage over 4 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Thiru Arooran Sugars Limited
L15421TN1954PLC002915
|
Liquidator · Apr 2021
|
🔒 | 🔒 | 🔒 | 1y 10mo
to Apr 2021
|
|
SURANA INDUSTRIES LIMITED
L27104TN1991PLC020533
|
IRP · Jan 2018
RP · Feb 2018
Liquidator · Oct 2018
|
🔒 | 🔒 | 🔒 | 9 mo
to Oct 2018
|
|
Terra Energy Limited
U40105TN1995PLC030420
|
Liquidator · Feb 2022
|
🔒 | 🔒 | 🔒 | 2y 2mo
to Feb 2022
|
|
M K Cables and Conductors Private Limited
U40109TN2007PTC063386
|
RP · Oct 2019
Liquidator · Jan 2021
|
🔒 | 🔒 | 🔒 | 18 mo
to Jan 2021
|
|
Coastal Energy Private Limited
U52599TN1997PTC037547
|
RP · Oct 2020
Liquidator · Aug 2021
|
🔒 | 🔒 | 🔒 | 1y 7mo
to Aug 2021
|
|
ORCHID HEALTH CARE PRIVATE LIMITED
U65991TN1992PTC022993
|
IRP · Mar 2019
RP · Jun 2019
Liquidator · Jul 2019
|
🔒 | 🔒 | 🔒 | 4 mo
to Jul 2019
|
|
NUCLEUS SATELLITE COMMUNICATIONS (MADRAS) PRIVATE LIMITED
U74999TN1997PTC038400
|
Liquidator · Sep 2023
|
🔒 | 🔒 | 🔒 | 11 mo
to Sep 2023
|
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: Sharon Solutions Limited at 1,253 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
Sharon Solutions Limited
U51506TN2001PLC047919
Trading & Distribution |
IRP · Apr 2023
|
1,253d past 330d limit | Under CIRP |
|
JUPITER LEYS PRIVATE LIMITED
U51225KL2003PTC016656
Trading & Distribution |
IRP · Dec 2023
|
1,005d 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
1Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
Indowind Energy Limited
L40108TN1995PLC032311
Power & Energy |
IRP · Mar 2022
|
4y 6mo |
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 10% of 2,365 ranked
At Chennai bench — by mandate countTop 5% of 149
Recovery vs liquidation value175.9%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor4 of 6
Typical time to outcome17 months
national median 16 months · median of 13 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 Professional22
Liquidator7
Of these, 10 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
Chennai13 mandates
Bench median 13 months to outcome · 20% resolved (503 concluded cases)
Hyderabad2 mandates
Bench median 14 months to outcome · 38% resolved (348 concluded cases)
Kochi1 mandate
Bench median 14 months to outcome · 33% resolved (64 concluded cases)
Ramakrishnan runs a median 17 months to outcome across 13 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 103 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
Power & Energy4
Trading & Distribution3
Food & Agro2
Machinery & Equipment2
Textiles & Apparel2
Other Manufacturing1
Financial Services1
Real Estate & Housing1
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