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Home / RP Tracker / S Kangayan

S Kangayan UNCLAIMED PROFILE

Insolvency Professional · Tamil Nadu · Active since 2021
IPA ICSI IIP Bench Chennai · South Reg IBBI/IPA-002/IP-N00866/2019-2020/12770 CPE 166 credits
Real EstateManufacturingOthers (Logistics, Textile Manufacturing, dyeing processing)
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Viewed in 90 days — what ARCs, banks & funds see when they search this name
Career composition · 13 CIRP mandates
1
6
6
Resolved 1 Liquidation 6 Under CIRP 6
Appointments by year
'21'22'23'24'25'26
Overview Resolved 1 Liquidation 6 Under CIRP 6 Standing
Mandates
13cases
Top 10% by mandate count · last appointed May 2026
Claims Managed
Rs 1,225Cr
across 4 cases with figures
Realised for Creditors
Rs 3Cr
0.3% of admitted claims
Resolved
1cases
14% resolution rate
Recovery vs LV
54.5%
0 of 1 beat the floor
Typical CIRP Time
16 months
nationally 16 months
Largest Mandate
Rs 1,145 Cr
Chandan Credits Limited

Resolved — plan approved

1
Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
Corporate DebtorRole / AppointedAdmittedRealisedRec vs LVDuration
WEEWINN TEX PROCESSORR INDIA PRIVATE LIMITED
U17121TZ2001PTC009969
→ acquired by Colours Company, a Partnership Firm
IRP · Mar 2021
RP · May 2021
🔒 🔒 🔒 2y 8mo
to May 2022

Liquidation — order passed

6
2 of 6 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates6on this professional's record
Taken to dissolution24 still in process
Order to dissolution226 daysaverage over 2 completed cases
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
SAKTHI GANESH TEXTILES PRIVATE LIMITED
U17111TZ1996PTC007019
IRP · Jul 2024
🔒 🔒 🔒 10 mo
to Jun 2025
KIKANI INTERNATIONAL PRIVATE LIMITED
U17111TZ2013PTC019963
RP · Apr 2022
Liquidator · May 2023
🔒 🔒 🔒 16 mo
to May 2023
SRI PARANTHAMAN TEXTILES PRIVATE LIMITED
U18101TN2000PTC045864
RP · May 2023
Liquidator · Feb 2025
🔒 🔒 🔒 1y 11mo
to Feb 2025
SOUTHERN INVESTMENTS PRIVATE LIMITED
U45201TN1998PTC040238
RP · Feb 2023
IRP · Feb 2023
Liquidator · Mar 2024
🔒 🔒 🔒 5y 11mo
to Mar 2024
Chandan Credits Limited
U65921TN1991PLC086297
IRP · Jan 2024
RP · Feb 2024
Liquidator · Nov 2024
🔒 🔒 🔒 11 mo
to Nov 2024
Fateh Leasing And Finance Private Limited
U65921TN1995PTC104933
IRP · Jan 2024
RP · Feb 2024
Liquidator · Nov 2024
🔒 🔒 🔒 13 mo
to Jan 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

6
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
2within 180d
1271–330d
3past 330d
Longest-running live mandate: GENSHIPPING PACIFIC LINE (INDIA) PRIVATE LMITED at 1,041 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
GENSHIPPING PACIFIC LINE (INDIA) PRIVATE LMITED
U63000TN2015PTC100038
Logistics & Transport
IRP · Nov 2023
RP · Nov 2023
1,041d past 330d limit Under CIRP
Excel Dwellings India Private Limited
U70101KA2013PTC067832
Real Estate & Housing
IRP · Aug 2024
774d past 330d limit Under CIRP
BAFNA MOTORS (RATNAGIRI) PRIVATE LIMITED
U34100MH1996PTC097465
Machinery & Equipment
IRP · Sep 2025
369d past 330d limit Newly admitted
R K K R STEELS PRIVATE LIMITED
U27101TN1965PTC006069
Other Manufacturing
IRP · Nov 2025
304d inside 330d Under CIRP
BALAGANGA TEXTILES PRIVATE LIMITED
U17309TZ2018PTC030960
Textiles & Apparel
IRP · May 2026
139d within 180d Newly admitted
THIEF HOTELS & RESORTS PRIVATE LIMITED
U55209TN2021PTC144866
Trading & Distribution
IRP · May 2026
139d within 180d Newly admitted
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.
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 countTop 10% of 2,365 ranked
At Chennai bench — by mandate countTop 10% of 149
Recovery vs liquidation value54.5%
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 7 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 Professional18
Liquidator5
Of these, 11 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
Chennai11 mandates
Bench median 13 months to outcome · 20% resolved (503 concluded cases)
Mumbai1 mandate
Bench median 18 months to outcome · 34% resolved (1,244 concluded cases)
Bengaluru1 mandate
Bench median 12 months to outcome · 27% resolved (176 concluded cases)
S runs a median 16 months to outcome across 7 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 68 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
Textiles & Apparel5
Financial Services2
Other Manufacturing1
Machinery & Equipment1
Construction & Infrastructure1
Trading & Distribution1
Logistics & Transport1
Real Estate & Housing1

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