Resolved — plan approved
1Acquirer 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 |
|---|---|---|---|---|---|
|
ILC INDUSTRIES LIMITED
U60231KA2000PLC028284
→ acquired by Karatagi Refineries Private Limited
|
IRP · Apr 2019
RP · Jun 2020
|
🔒 | 🔒 | 🔒 | 9 mo
to Jan 2020
|
Liquidation — order passed
4Liquidation mandates4on this professional's record
Taken to dissolution04 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Alpine Wineries Private Limited
U01551KA2005PTC035845
|
IRP · Dec 2019
RP · Jan 2020
Liquidator · Feb 2022
|
🔒 | 🔒 | 🔒 | 2y
to Dec 2021
|
|
MARUTHAM STEEL INDUSTRIES PRIVATE LIMITED
U02710TZ1996PTC007300
|
IRP · Mar 2019
RP · Apr 2019
Liquidator · Jul 2020
|
🔒 | 🔒 | 🔒 | 16 mo
to Jul 2020
|
|
MARUTHAM STEEL ROLLING MILLS PRIVATE LIMITED
U27310TZ2008PTC014514
|
IRP · Mar 2019
RP · Apr 2019
Liquidator · Jul 2020
|
🔒 | 🔒 | 🔒 | 16 mo
to Jul 2020
|
|
NATHELLA SAMPATH JEWELRY PRIVATE LIMITED
U51398TN2007PTC062970
|
IRP · Apr 2018
|
🔒 | 🔒 | 🔒 | 1y 8mo
to Jan 2020
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.
Voluntary liquidations
7Solvent 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 dissolution16 mo
across 4 completed · every VL on record runs 1y 8mo
Dissolution orders read2 of 7
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 |
|---|---|---|---|---|---|
| FAIRMONEY FINANCIAL SERVICES PRIVATE LIMITED U65100KA2020FTC134955
7 dated steps in the orderBENGALURU BENCH, BENGALURU
|
Voluntary Liquidator · Oct 2023 |
Rs 2 Cr | Rs 0 Cr | Rs 2 Cr | 17 mo to Mar 2025 |
| NP PROPERTIES PRIVATE LIMITED U70102KA1994PTC015379
|
Voluntary Liquidator · Mar 2025 |
— | — | — | in process |
| EMART SOLUTIONS INDIA PRIVATE LIMITED U72200KA2009PTC050306
|
Voluntary Liquidator · Sep 2024 |
— | — | — | in process |
| ALPHA THOUGHT TECHNOLOGIES PRIVATE LIMITED U72200TG2001PTC038218
|
Voluntary Liquidator · Nov 2025 |
— | — | — | in process |
| Maverick Digital Tech Private Limited U74999KA2022PTC157044
8 dated steps in the orderBENGALURU BENCH, BENGALURU
|
Voluntary Liquidator · Aug 2023 |
Rs 14 Cr | Rs 0 Cr | Rs 14 Cr | 1y 6mo to Feb 2025 |
| Direct Educational Technologies India Private Limited U80902KA2002PTC038181
|
Voluntary Liquidator · Jun 2020 |
Rs 7 Cr | Rs 0 Cr | Rs 6 Cr | 10 mo to Apr 2021 |
| P S Measurements and Controls Limited U85110KA1990PLC011187
|
Voluntary Liquidator · Aug 2024 |
Rs 1 Cr | Rs 1 Cr | Rs 0 Cr | 14 mo to Oct 2025 |
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 →.
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Activity & context · vs India's IP universe
Activity — mandate count5 mandates on record
Recovery vs liquidation value97.0%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor0 of 1
Typical time to outcome16 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 Professional9
Liquidator3
Voluntary Liquidator7
Of these, 5 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
Chennai3 mandates
Bench median 13 months to outcome · 20% resolved (503 concluded cases)
Bengaluru2 mandates
Bench median 12 months to outcome · 27% resolved (177 concluded cases)
Ravindranath runs a median 16 months to outcome across 5 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 93 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
Food & Agro2
Other Manufacturing1
Trading & Distribution1
Logistics & Transport1
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