Liquidation — order passed
22 of 2 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates2on this professional's record
Taken to dissolution20 still in process
Distributed vs liquidation value360.0%across 1 case with both figures · whole record 79.7%
Order to dissolution15 moaverage over 2 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Nova Steels (India) Limited
L27106CT1973PLC010053
|
IRP · Feb 2020
RP · Mar 2020
Liquidator · Aug 2021
|
🔒 | 🔒 | 🔒 | 18 mo
to Aug 2021
|
|
RP TELEBUY SKYSHOP PRIVATE LIMITED
U52339TN2006PTC061750
|
RP · Jun 2020
|
🔒 | 🔒 | 🔒 | 3y 9mo
to Nov 2023
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.
Voluntary liquidations
1Solvent 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 dissolution5y 8mo
across 1 completed · every VL on record runs 1y 8mo
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| SHRI CHAMUNDI CAPTIVE ENERGY PRIVATE LIMITED U40101KA2006PTC039502
|
Voluntary Liquidator · Aug 2019 |
Rs 6 Cr | Rs 2 Cr | Rs 5 Cr | 5y 8mo to May 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 count2 mandates on record
Typical time to outcome31 months
national median 16 months · median of 2 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 Professional3
Liquidator1
Voluntary Liquidator1
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
Cuttack1 mandate
Bench median 18 months to outcome · 35% resolved (49 concluded cases)
Chennai1 mandate
Bench median 13 months to outcome · 20% resolved (503 concluded cases)
Santha runs a median 31 months to outcome across 2 concluded mandates.
The benches those mandates sit in run at 15 months, weighted by how many of his cases each one holds —
so he is taking 489 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
Steel & Metals1
Trading & Distribution1
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