RS
Ramakrishnan Sadasivan
Insolvency Professional · Resolution Professional FREE PROFILE
IPA ICAI IIIPI
AFA Valid
Bench Chennai · South
State Tamil Nadu
IBBI Reg IBBI/IPA-001/IP-P00108/2017-18/10215
Declared sectors
Electricity
Wholesale and Retail Trade
Construction
Real Estate
Manufacturing
Others (Iron & Steel Industry, Sugar Industry, Wind Energy.)
Cases Handled
15
9 with financial detail
Resolved
3
43% resolution rate
Liquidations
4
liquidation orders
Recovery vs Liq. Value
97.6%
natl avg 166.9%
IRP Appointments
7
interim — at CIRP commencement
Cases Handled (15) · 9 with financial detail
| Corporate Debtor | Role / Appointed | Admitted Claims | Haircut | Status |
|---|---|---|---|---|
|
Thiru Arooran Sugars Limited
L15421TN1954PLC002915
|
Liquidator · Apr 2021
|
₹1,576 Cr | — | Liquidation |
|
Surana Industries Limited L27104TN1991PLC020533
|
IRP · Jan 2018
Liquidator · Oct 2018
|
— | — | CIRP |
|
Indowind Energy Limited L40108TN1995PLC032311
|
IRP · Mar 2022
|
— | — | CIRP |
|
B V V Paper Industries Limited
U02102TZ1988PLC002310
|
IRP · Jun 2021
|
₹1,042 Cr | 98.2% | Resolved |
|
Terrygold (India) Ltd
U18100TG1991PLC013446
|
RP
IRP · Apr 2023
|
₹1,782 Cr | 99.4% | Resolved |
|
Uthara Fashion Knitwear Ltd.
U18101TZ1993PLC004607
|
IRP · Nov 2019
|
₹134 Cr | 80.9% | Resolved |
|
Terra Energy Limited
U40105TN1995PLC030420
|
Liquidator · Feb 2022
|
₹549 Cr | — | Liquidation |
|
CONNECT WIND (INDIA) PRIVATE LIMITED
U40108TN2010PTC077643
|
RP
IRP · Mar 2024
|
₹173 Cr | 90.7% | Resolved |
|
MK Cables and Conductors Private Limited U40109TN2007PTC063386
|
Liquidator · Feb 2021
|
— | — | CIRP |
|
JUPITER LEYS PRIVATE LIMITED
U51225KL2003PTC016656
|
IRP · Dec 2023
|
— | — | CIRP |
|
Sharon Solutions Limited U51506TN2001PLC047919
|
IRP · Apr 2023
|
— | — | CIRP |
|
Coastal Energy Private Limited U52599TN1997PTC037547
|
Liquidator · Sep 2021
|
— | — | CIRP |
|
Orchid Health Care Pvt. Ltd.
U65991TN1992PTC022993
|
IRP · Mar 2019
|
₹3,500 Cr | — | Liquidation |
|
LOKAA DEVELOPER PRIVATE LIMITED
U70200TN2011PTC082157
|
RP
IRP · Jun 2024
|
₹305 Cr | — | Resolved |
|
NUCLEUS SATELLITE COMMUNICATIONS (MADRAS) PRIVATE LIMITED
U74999TN1997PTC038400
|
Liquidator · Sep 2023
|
₹51 Cr | — | Liquidation |
About this data: Profile data is sourced from IBBI quarterly newsletters and public announcement records. Only cases where this IP was appointed as Resolution Professional are shown. Data coverage grows as we add historical IBBI newsletters. Report an error →
Sector Exposure
Power & Energy
2 cases
Food & Agro
2 cases
Financial Services
1 case
Textiles & Apparel
1 case
Performance Summary
Resolution rate
43%
Recovery vs liq. value
97.6% (natl 166.9%)
Avg haircut (resolved)
98.5% (natl 69.4%)
Sectors covered
4
Data source
IBBI Quarterly
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