RS

Ramesh Sethi

Insolvency Professional · Resolution Professional FREE PROFILE

IPA ICSI Institute of Insolvency Professiona AFA Lapsed till Nov -0001 Bench data unavailable State data unavailable IBBI Reg IBBI/IPA-002/IP-00140/2016-17/1226
Claim profile →
Cases Handled
24
8 with financial detail
Resolved
4
36% resolution rate
Liquidations
7
liquidation orders
Recovery vs Liq. Value
89.9%
natl avg 166.9%
IRP Appointments
15
interim — at CIRP commencement
Mandate totals · across concluded cases
Claims Managed
₹936
Cr · across 8 mandates with figures
Total Realised
₹90
Cr · to creditors
Realised vs Claims
9.7%
across the book
Largest Mandate
₹476 Cr
Kanakadhara Ventures Priv…
Resolved — plan approved (4)
Corporate DebtorRole / AppointedAdmittedRealisedRec vs LVHaircut
Blue Park Seafoods Private Limited
U05005AP1997PTC027470
RP · Dec 2022
₹149 Cr ₹13 Cr 131.2% 91.2%
Laxme Saai Steel Private Limited
U27310AP2009PTC064801
IRP · Jan 2022
RP · Feb 2022
₹31 Cr ₹12 Cr 279.7% 61.4%
BHARATIYA VAIDYA VIDHAN LIMITED
U74140AP1994PLC017397
IRP · Nov 2022
RP · Jan 2023
₹152 Cr ₹31 Cr 61.8% 80.0%
NANDI IRRIGATION SYSTEMS LIMITED
U74999TG2007PLC054905
RP · Dec 2024
₹59 Cr ₹6 Cr 132.2% 90.4%
Liquidation — order passed (7)
Corporate DebtorRole / AppointedAdmittedDistributedRec vs Claims
G S BIOTECH LIMITED
U01403TG2007PLC054391
IRP · Mar 2023
RP · Apr 2023
Liquidator · Sep 2024
Ariston Pharma Nova Tech Private Limited
U24232TG2012PTC083734
Liquidator · Apr 2024
₹10 Cr ₹0 Cr 6.4%
Om Shakthi Renergies Limited
U40109TG1995PLC019354
IRP · Sep 2019
RP · Oct 2019
Liquidator · Nov 2020
₹59 Cr ₹5 Cr 11.6%
Ind-Barath Power Gencom limited
U40109TG2005PLC046960
IRP · Nov 2019
RP · Dec 2019
Liquidator · Aug 2021
Kanakadhara Ventures Private Limited
U70102TG2005PTC047611
Liquidator · Aug 2021
₹476 Cr ₹24 Cr 5.4%
RCM INFRASTRUCTURE LIMITED
U70102TG2009PLC062436
RP · Jan 2025
Sristek Clinical Research Solutions Limited
U74900TG2002PLC039366
Liquidator · Dec 2019
₹1 Cr ₹0 Cr 0.0%
Under CIRP — ongoing (13)
Corporate DebtorRole / AppointedCIRP AgeStage
KALLAM TEXTILES LIMITED
L18100AP1992PLC013860
Textiles & Apparel
IRP · Apr 2026
RP · May 2026
3 mo data unavailable
MAHARA PUSHYA AGRI PRODUCTS PRIVATE LIMITED
U15400KA2015PTC082028
Food & Agro
RP · May 2026
3 mo data unavailable
Delecto Foods Private Limited
U15400TG2012PTC082813
IRP · Feb 2020
6y 4mo data unavailable
EAST GODAVARI BREWERIES PRIVATE LIMITED
U15510AP2015PTC096084
Food & Agro
RP · Jun 2023
4y 7mo data unavailable
KALLAM BROTHERS COTTONS PRIVATE LIMITED
U17111AP2003PTC040726
Textiles & Apparel
IRP · Aug 2025
RP · Sep 2025
10 mo data unavailable
KRISHNAGANGA SPINNING MILLS PRIVATE LIMITED
U18100AP1983PTC004121
Textiles & Apparel
IRP · Mar 2026
RP · Apr 2026
4 mo data unavailable
Vivin Drugs & Pharmaceuticals Private Limited
U24232TG2011PLC075704
Pharmaceuticals
IRP · Nov 2024
RP · Jul 2025
1y 7mo data unavailable
VIVIN LABORATORIES PRIVATE LIMITED
U24239TG2004PTC043094
IRP · Feb 2026
RP · Feb 2026
5 mo data unavailable
AKR CONSTRUCTION LIMITED
U45200TG2004PLC044320
Construction & Infrastructure
IRP · Mar 2023
RP · Jan 2026
3y 2mo data unavailable
VARIEGATE PROJECTS PRIVATE LIMITED (PART IX)
U45400TG2007PTC054795
Construction & Infrastructure
IRP · Nov 2025
7 mo data unavailable
SRI KRISHNA STOCKIST &TRADERS PRIVATE LIMITED
U51101AP2009PTC063070
IRP · Aug 2025
RP · Sep 2025
10 mo data unavailable
Amilionn Technologies Private Limited
U72200TG2011PTC072998
RP · May 2020
6y 5mo data unavailable
Deccan Brakers Private Limited
U74999AP1991PTC012534
IRP · Sep 2019
6y 9mo data unavailable
Live mandates — admitted claims and recovery are determined only as each case concludes, so figures appear here once an outcome is reached.
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
Pharmaceuticals
1 case
Performance Summary
Resolution rate 36%
Recovery vs liq. value 89.9% (natl 166.9%)
Recovery vs LV (weighted) 89.9% claim-wtd
Avg haircut (resolved) 80.8% (natl 69.4%)
Sectors covered 1
Data source IBBI Quarterly

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