Liquidation — order passed
21 of 2 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates2on this professional's record
Taken to dissolution11 still in process
Distributed vs liquidation value130.8%across 1 case with both figures · whole record 79.7%
Order to dissolution18 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
GCL Private Limited
U29263KA1996PTC020217
|
RP · Jul 2019
|
🔒 | 🔒 | 🔒 | 14 mo
to Jun 2020
|
|
Le Ecosystem Technology India Private Limited
U52100KA2015FTC093037
|
IRP · Nov 2018
RP · Jan 2019
Liquidator · Jun 2019
|
🔒 | 🔒 | 🔒 | 8 mo
to Jun 2019
|
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
2Where 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: Fab Pharmaceuticals Pvt Ltd at 2,564 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
Fab Pharmaceuticals Pvt Ltd
U24233KA2010PTC053589
Other Manufacturing |
IRP · Sep 2019
RP · Jan 2020
|
2,564d past 330d limit | Under CIRP |
|
NA BHUTHO NA BHAVISHYATHI TECH PRIVATE LIMITED
U74999KA2021PTC146217
Other Services |
IRP · Jun 2025
|
477d past 330d limit | 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.
Voluntary liquidations
3Solvent 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 2 completed · every VL on record runs 1y 8mo
Dissolution orders read1 of 3
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 |
|---|---|---|---|---|---|
| Micro Metacut Pvt Ltd U29220KA1978PTC003414
8 dated steps in the orderBENGALURU BENCH
|
Voluntary Liquidator · Jun 2022 |
Rs 5 Cr | Rs 0 Cr | Rs 5 Cr | 3y to Jun 2025 |
| Lodgiq India Private Limited U72200KA2016PTC086250
|
Voluntary Liquidator · Aug 2021 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 4y 6mo to Mar 2026 |
| Lexin India Technology Private Limited U72200KA2019PTC128494
|
Voluntary Liquidator · Mar 2022 |
— | — | — | in process |
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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Claim profile →Activity & context · vs India's IP universe
Activity — mandate count4 mandates on record
Typical time to outcome11 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 Professional6
Liquidator1
Voluntary Liquidator3
Of these, 3 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
Bengaluru4 mandates
Bench median 12 months to outcome · 27% resolved (176 concluded cases)
Srikantiah runs a median 11 months to outcome across 2 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 closing 47 days faster 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
Other Manufacturing1
Machinery & Equipment1
Trading & Distribution1
Other Services1
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