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Home / RP Tracker / Subramaniam S

Subramaniam S UNCLAIMED PROFILE

Insolvency Professional · Active since 2020
IPA ICAI IIIPI Bench n/a Reg IBBI/IPA-001/IP-P00946/2017-2018/11566 CPE 12 credits
Textiles & ApparelFood & Agro
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Career composition · 2 CIRP mandates
1
1
Liquidation 1 Withdrawn / settled 1
Appointments by year
'20'21'22'23'24'25'26
Overview Liquidation 1 Withdrawn 1 Voluntary 1 Standing
Mandates
1cases
1 with financials · last appointed Oct 2021
Claims Managed
Rs 25Cr
across 1 case with figures
Realised for Creditors
Rs 10Cr
40.4% of admitted claims
Resolved
0cases
0% resolution rate
Typical CIRP Time
25 months
nationally 16 months
Largest Mandate
Rs 25 Cr
PROSTAR TEXTILE MILL PR…

Liquidation — order passed

1
1 of 1 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates1on this professional's record
Taken to dissolution10 still in process
Distributed vs liquidation value85.9%across 1 case with both figures · whole record 79.7%
Order to dissolution29 moaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
PROSTAR TEXTILE MILL PRIVATE LIMITED
U18101TZ2015PTC021917
IRP · Mar 2021
IRP · Mar 2021
🔒 🔒 🔒 2y 1mo
to Mar 2023
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.

Withdrawn / settled

1
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
Roshan Fruits India Private Limited
U15137TZ2003PTC010769
Food & Agro
IRP · May 2020
6y 4mo

Voluntary liquidations

1
Solvent 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 dissolution2y across 1 completed · every VL on record runs 1y 8mo
Dissolution orders read1 of 1 the tribunal's own order, field by field — expand a row for the dated sequence
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
Bon Source Technology (India) Private Limited
U74210TN2006PTC059055
4 dated steps in the order
Chennai, Division Bench - I
  1. Members' resolution6 Oct 2021
  2. Public announcement27 Oct 2021
  3. Final report14 Oct 2022
  4. Dissolution order17 Nov 2023
Voluntary Liquidator · Oct 2021
Rs 0 Cr Rs 0 Cr Rs 0 Cr 2y
to Nov 2023
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 count1 mandates on record
Typical time to outcome25 months
national median 16 months · median of 1 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
Voluntary Liquidator1
Of these, 2 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
Chennai2 mandates
Bench median 13 months to outcome · 20% resolved (504 concluded cases)
Subramaniam runs a median 25 months to outcome across 1 concluded mandate. The benches those mandates sit in run at 13 months, weighted by how many of his cases each one holds — so he is taking 377 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
Food & Agro1
Textiles & Apparel1
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