SD

Sanjay Dewan

Insolvency Professional · Resolution Professional FREE PROFILE

IPA THE INDIAN INSTITUTE OF INSOLVENCY PROFE AFA Lapsed till Nov -0001 Bench data unavailable State data unavailable IBBI Reg IBBI/IPA-001/IP-00080/2016-17/1148
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Cases Handled
11
4 with financial detail
Resolved
2
25% resolution rate
Liquidations
6
liquidation orders
Recovery vs Liq. Value
66.6%
natl avg 166.9%
IRP Appointments
9
interim — at CIRP commencement
Mandate totals · across concluded cases
Claims Managed
₹361
Cr · across 4 mandates with figures
Total Realised
₹92
Cr · to creditors
Realised vs Claims
25.6%
across the book
Largest Mandate
₹170 Cr
NEXUS ELECTRO STEEL LIMIT…
Resolved — plan approved (2)
Corporate DebtorRole / AppointedAdmittedRealisedRec vs LVHaircut
LEO PRIMECOMP PRIVATE LIMITED
U36999TN1996PTC036241
IRP · Jul 2019
RP · Sep 2019
₹145 Cr ₹72 Cr 66.0% 50.3%
EMI INFRASTRUCTURE PRIVATE LIMITED
U45208TN2008PTC066054
IRP · Feb 2023
RP · Mar 2023
₹46 Cr ₹2 Cr 98.1% 93.6%
Liquidation — order passed (6)
Corporate DebtorRole / AppointedAdmittedDistributedRec vs Claims
GEMINI COMMUNICATION LIMITED
L32301TN1995PLC030087
Liquidator · Feb 2020
Surya Balaji Steels Private Limited
U27106TZ2007PTC014046
IRP · Oct 2017
RP · Dec 2017
Liquidator · May 2018
VEE ESS FORGINGS PRIVATE LIMITED
U28999TN2013PTC093046
IRP · Mar 2019
RP · Apr 2019
RP · Jul 2019
Liquidator · Oct 2019
NEXUS ELECTRO STEEL LIMITED
U29142TN1998PLC040858
IRP · Mar 2021
RP · May 2021
₹170 Cr ₹18 Cr
CETHAR CONSTRUCTIONS LIMITED
U45203TN2008PLC067668
Liquidator · Aug 2024
GALAXY COSMETICS PRIVATE LIMITED
U74900TN2012PTC084383
IRP · Sep 2018
RP · Oct 2018
Liquidator · Apr 2019
₹0 Cr ₹0 Cr 42.9%
Under CIRP — ongoing (3)
Corporate DebtorRole / AppointedCIRP AgeStage
ANNAM STEELS PRIVATE LIMITED
U27106TN2000PTC046300
Steel & Metals
IRP · Nov 2025
Deemed RP · Jan 2026
6 mo data unavailable
SUNGBO ENGINEERING INDIA PRIVATE LIMITED
U45209TN2017FTC115003
IRP · Aug 2025
10 mo data unavailable
OM SHAKTHI TRAVELS PRIVATE LIMITED
U63040TN2004PTC054756
IRP · Apr 2025
15 mo data unavailable
Live mandates — admitted claims and recovery are determined only as each case concludes, so figures appear here once an outcome is reached.
Voluntary Liquidations (4)
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusDissolved
FORTUNE FLORAGRO INDIA LIMITED
U01409PY1997PLC001344
Voluntary Liquidator · Jan 2025
KITTANGI FINANCE PRIVATE LIMITED
U65990TN2018PTC122264
Voluntary Liquidator · Dec 2024
MERU CONSULTANTS AND TECHNOLOGIES PRIVATELIMITED
U74140TN2000PTC044507
Voluntary Liquidator · Dec 2024
RAPID SCAN SYSTEMS LIMITED
U85110TN1993PLC026064
Voluntary Liquidator · Sep 2020
₹5 Cr ₹5 Cr Dec 2022
Solvent member-voluntary liquidations (s.59) — a separate mandate type from CIRP. Figures shown where an outcome has been filed.
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
Steel & Metals
1 case
Performance Summary
Resolution rate 25%
Recovery vs liq. value 66.6% (natl 166.9%)
Recovery vs LV (weighted) 66.6% claim-wtd
Avg haircut (resolved) 71.9% (natl 69.4%)
Sectors covered 1
Data source IBBI Quarterly

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