Resolved — plan approved
3Acquirer 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 |
|---|---|---|---|---|---|
|
Unishire Lifestyle Dwellings LLP
AAA6356
→ acquired by M/s SA Enterprises
|
IRP · Mar 2022
RP · Apr 2022
|
🔒 | 🔒 | 🔒 | 3y 2mo
to May 2025
|
|
Malind Properties Private Limited
U45200KA2005PTC062549
→ acquired by Krishnaiah Projects Private Limited (Successful Resolution Applicant/SRA)
|
IRP · Feb 2023
RP · Apr 2023
|
🔒 | 🔒 | 🔒 | 2y 7mo
to Oct 2025
|
|
Lalith Gangadhar Constructions Private Limited
U45201KA2007PTC043903
→ acquired by Kumar Properties Private Limited
|
IRP · Apr 2022
RP · Jun 2022
|
🔒 | 🔒 | 🔒 | 3y 6mo
to Nov 2025
|
Liquidation — order passed
2Liquidation mandates2on this professional's record
Taken to dissolution02 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Unitex Apparels Private Limited
U18101KA1994PTC016528
|
IRP · Oct 2019
Liquidator · Dec 2020
RP · Dec 2020
|
🔒 | 🔒 | 🔒 | 11 mo
to Sep 2020
|
|
NYS GRANITES IMPEX PRIVATE LIMITED
U74999KA2012PTC062761
|
IRP · Jun 2023
RP · Jul 2023
|
🔒 | 🔒 | 🔒 | 1y 11mo
to May 2025
|
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
1Where 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: BREMELS RUBBER INDUSTRIES PRIVATE LIMITED at 361 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
BREMELS RUBBER INDUSTRIES PRIVATE LIMITED
U85110KA1971PTC021454
Healthcare |
IRP · Sep 2025
|
361d 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.
Voluntary liquidations
10Solvent 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 dissolution2y
across 4 completed · every VL on record runs 1y 8mo
Dissolution orders read5 of 10
the tribunal's own order, field by field — expand a row for the dated sequence
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| MAYLARI AGRO PRODUCTS LIMITED U15129KA2016PLC094308
5 dated steps in the orderBENGALURU BENCH, BENGALURU
Delay recorded in the order“Lockdown imposed in the state of Karnataka due to coronavirus.” |
Voluntary Liquidator · Apr 2026 Voluntary Liquidator · Apr 2026 |
— | — | — | in process |
| GENOVO DEVELOPMENT SERVICES LIMITED U24230KA2008PLC046164
|
Voluntary Liquidator · Dec 2023 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 1y 11mo to Nov 2025 |
| MEDREICH LIFE CARE LIMITED U24230KA2008PLC062782
|
Voluntary Liquidator · Dec 2023 |
— | — | — | in process |
| Niche Chemlinks Private Limited U24299KA2000PTC027458
8 dated steps in the orderSPECIAL BENCH, BENGALURU
|
Voluntary Liquidator · Mar 2020 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 3y to Apr 2023 |
| Universal Semiconductors India Private Limited U32104KA1993PTC014616
|
Voluntary Liquidator · Sep 2022 |
— | — | — | in process |
| BANGALORE AIRPORT RAIL LINK LIMITED U63031KA2008SGC045831
8 dated steps in the orderBENGALURU BENCH, BENGALURU
|
Voluntary Liquidator · Nov 2022 |
Rs 1 Cr | Rs 0 Cr | Rs 1 Cr | 1y 11mo to Nov 2024 |
| UNITRANS INFOTECH SERVICES PRIVATE LIMITED U72200KA2009PTC050523
|
Voluntary Liquidator · Jul 2025 |
— | — | — | in process |
| Invicto Software Solutions Private Limited U72200TG2011PTC078029
|
Voluntary Liquidator · Nov 2021 |
— | — | — | in process |
| CHAINALYTICS SERVICES PRIVATE LIMITED U74140KA2004PTC035232
7 dated steps in the orderBENGALURU BENCH, BENGALURU
|
Voluntary Liquidator · Mar 2023 |
Rs 13 Cr | Rs 0 Cr | Rs 13 Cr | 2y 2mo to May 2025 |
| Fibertex Private Limited U74999KA2016FTC092614
|
Voluntary Liquidator · Jan 2025 |
— | — | — | in process |
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 count6 mandates on record
Recovery vs liquidation value197.0%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor2 of 2
Typical time to outcome32 months
national median 16 months · median of 5 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 Professional11
Liquidator1
Voluntary Liquidator11
Of these, 6 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
Bengaluru6 mandates
Bench median 12 months to outcome · 27% resolved (176 concluded cases)
Ratnakar runs a median 32 months to outcome across 5 concluded mandates.
The benches those mandates sit in run at 12 months, weighted by how many of his cases each one holds —
so he is taking 593 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
Construction & Infrastructure2
Financial Services1
Textiles & Apparel1
Other Services1
Healthcare1
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