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 |
|---|---|---|---|---|---|
|
Evocon Private Limited
U45400TN2012PTC084052
→ acquired by Eden Garden Residential Owners Association
|
IRP · May 2019
RP · Sep 2019
|
🔒 | 🔒 | 🔒 | 2y
to Jun 2021
|
Voluntary liquidations
2Solvent 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 10mo
across 2 completed · every VL on record runs 1y 8mo
Dissolution orders read2 of 2
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 |
|---|---|---|---|---|---|
| LOVEPAC CONVERTING PRIVATE LIMITED U24297TN2009PTC112768
4 dated steps in the orderDIVISION BENCH -II, CHENNAI
Delay recorded in the order“Nationwide Lockdown and obtaining NoC from the Revenue Authorities” |
Voluntary Liquidator · Mar 2020 |
Rs 0 Cr | — | Rs 0 Cr | 2y 8mo to Nov 2022 |
| PLANTEC GB ENGINEERING P.LTD U74900TN2014PTC095851
6 dated steps in the orderDIVISION BENCH - I, CHENNAI
|
Voluntary Liquidator · Mar 2019 |
Rs 1 Cr | — | Rs 1 Cr | 3y to Apr 2022 |
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 count1 mandates on record
Recovery vs liquidation value230.2%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor1 of 1
Typical time to outcome24 months
national median 16 months · median of 1 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 Professional2
Voluntary Liquidator2
Of these, 1 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
Chennai1 mandate
Bench median 13 months to outcome · 20% resolved (503 concluded cases)
S. runs a median 24 months to outcome across 1 concluded mandate.
The benches those mandates sit in run at 13 months, weighted by how many of his cases each one holds —
so he is taking 338 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 & Infrastructure1
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