Resolved — plan approved
2Acquirer 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 |
|---|---|---|---|---|---|
|
MAYLARI AGRO PRODUCTS LIMITED
U15129KA2016PLC094308
→ acquired by S. Padmanabhan (proprietor of SP Constructions) along with M. Bhaskar
|
RP · Nov 2021
RP · Nov 2021
|
🔒 | 🔒 | 🔒 | 1y 11mo
to Feb 2023
|
|
SOUBHAGYA LAXMI SUGARS LIMITED
U15421KA2008PLC048749
→ acquired by Mr. Syed Fahad jointly with M/s Radiant Equity Management Private Limited
|
RP · Aug 2022
|
🔒 | 🔒 | 🔒 | 2y 5mo
to Oct 2024
|
Liquidation — order passed
64 of 6 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates6on this professional's record
Taken to dissolution42 still in process
Distributed vs liquidation value46.6%across 1 case with both figures · whole record 79.7%
Order to dissolution40 moaverage over 3 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
AYURWIN PHARMA PRIVATE LIMITED
U24232KA2011PTC061041
|
IRP · Feb 2020
RP · Mar 2020
|
🔒 | 🔒 | 🔒 | 11 mo
to Jan 2021
|
|
VERACIOUS BUILDERS AND DEVELOPERS PRIVATE LIMITED
U45201KA2010PTC052907
|
RP · Oct 2019
Liquidator · Jan 2020
|
🔒 | 🔒 | 🔒 | 6 mo
to Jan 2020
|
|
AIR PEGASUS PRIVATE LIMITED
U62100KA2007PTC044061
|
IRP · Aug 2019
RP · Aug 2019
|
🔒 | 🔒 | 🔒 | 10 mo
to Jun 2020
|
|
Bob Tech Solutions Private Limited
U72900KA2007PTC043966
|
RP · Jul 2020
Liquidator · Feb 2021
|
🔒 | 🔒 | 🔒 | 12 mo
to Feb 2021
|
|
MULTI-VERSE TECHNOLOGIES PRIVATE LIMITED
U72900KA2020PTC134149
|
IRP · Sep 2024
RP · Oct 2024
Liquidator · Aug 2025
|
🔒 | 🔒 | 🔒 | 11 mo
to Aug 2025
|
|
SINDHU CARGO SERVICES PRIVATE LIMITED
U85110KA1991PTC012381
|
RP · May 2024
IRP · May 2024
Liquidator · Jul 2025
|
🔒 | 🔒 | 🔒 | 14 mo
to Jul 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
1Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
Longest-running live mandate: BNH INFRA PROJECTS (INDIA) PRIVATE LIMITED at 192 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
BNH INFRA PROJECTS (INDIA) PRIVATE LIMITED
U45202KA2007PTC044299
Construction & Infrastructure |
IRP · Mar 2026
Deemed RP · Apr 2026
RP · Jun 2026
|
192d in extension | Inviting EoI |
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.
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 dissolution3y 9mo
across 1 completed · every VL on record runs 1y 8mo
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| BOOKYOURGYM FITNESS PRIVATE LIMITED U74900KA2015PTC084565
|
Voluntary Liquidator · Nov 2020 |
Rs 2 Cr | Rs 2 Cr | Rs 0 Cr | 3y 9mo to Aug 2024 |
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 countTop 20% of 2,308 ranked
At Bengaluru bench — by mandate countTop 20% of 65
Recovery vs liquidation value74.1%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor0 of 2
Typical time to outcome12 months
national median 16 months · median of 8 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 Professional16
Liquidator4
Voluntary Liquidator1
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
Bengaluru9 mandates
Bench median 12 months to outcome · 27% resolved (177 concluded cases)
Shirley runs a median 12 months to outcome across 8 concluded mandates.
The benches those mandates sit in run at 12 months, weighted by how many of his cases each one holds —
so he is moving at the pace of his own forums, within a month either way.
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
Construction & Infrastructure2
Other Services2
Pharmaceuticals1
Logistics & Transport1
IT, Telecom & Media1
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