Liquidation — order passed
2Liquidation mandates2on this professional's record
Taken to dissolution02 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Time & Space Lifestyle LLP
AAF8814
|
IRP · Sep 2019
|
🔒 | 🔒 | 🔒 | 6 mo
to Mar 2020
|
|
Solar Atria Clean Tech Private Limited
U40106KA2013PTC070346
|
IRP · Feb 2020
|
🔒 | 🔒 | 🔒 | 1y 9mo
to Dec 2021
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.
Withdrawn / settled
2Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
NEL Holdings South Limited
L93000KA2004PLC033412
Other Services |
IRP · Mar 2022
|
4y 6mo |
|
SPM (India) Limited
U85110KA1997PLC022059
Other Services |
IRP · Nov 2019
|
6y 10mo |
Voluntary liquidations
12Solvent 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 dissolution17 mo
across 9 completed · every VL on record runs 1y 8mo
Dissolution orders read2 of 12
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 |
|---|---|---|---|---|---|
| I-VEN BIOTECH LIMITED U02421KA2003PLC033026
|
Voluntary Liquidator · Oct 2020 |
— | — | — | in process |
| BER SARAI LABS PRIVATE LIMITED U62091KA2024PTC189763
|
Voluntary Liquidator · Jun 2026 |
— | — | — | in process |
| ERASMIC INVESTMENT VENTURES PRIVATE LIMITED U67190KA2006PTC038580
|
Voluntary Liquidator · Nov 2017 |
Rs 0 Cr | — | Rs 0 Cr | 11 mo to Oct 2018 |
| PREVAS INDIA SYSTEM DEVELOPMENT PRIVATE LIMITED U72200KA2011FTC060491
|
Voluntary Liquidator · Aug 2019 |
Rs 0 Cr | — | — | 16 mo to Dec 2020 |
| EPOISE SYSTEMS PRIVATE LIMITED U72200KA2012PTC063998
|
Voluntary Liquidator · Apr 2019 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 5y to Apr 2024 |
| Two Roads Technological Solutions Private Limited U72900KA2011PTC074541
|
Voluntary Liquidator · Feb 2020 |
Rs 2 Cr | — | Rs 2 Cr | 11 mo to Jan 2021 |
| HATFIELD TECHNOLOGIES INDIA PRIVATE LIMITED U72900KA2017FTC106227
6 dated steps in the orderBengaluru Bench
|
Voluntary Liquidator · Jul 2019 |
Rs 0 Cr | — | Rs 0 Cr | 17 mo to Dec 2020 |
| Quplum Softwae Labs Private Limited U72900KA2018FTC111097
5 dated steps in the orderBengaluru Bench
|
Voluntary Liquidator · Aug 2019 |
Rs 0 Cr | — | Rs 0 Cr | 16 mo to Dec 2020 |
| KABBAGE INDIA PRIVATE LIMITED U74900KA2015FTC082114
|
Voluntary Liquidator · May 2023 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 5y 3mo to Nov 2024 |
| LOCOPOCO TECHNOLOGY VENTURES PRIVATE LIMITED U74900KA2016PTC086197
|
Voluntary Liquidator · Nov 2017 |
Rs 2 Cr | — | Rs 2 Cr | 18 mo to May 2019 |
| AEROFLEX SYSTEMS PRIVATE LIMITED U74999KA2012PTC063200
|
Voluntary Liquidator · Mar 2021 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 1y 10mo to Feb 2023 |
| Lessonleap Academy India Private Limited U80900MH2020FTC350741
|
Voluntary Liquidator · Nov 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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Activity & context · vs India's IP universe
Activity — mandate count2 mandates on record
Typical time to outcome14 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 Professional4
Voluntary Liquidator12
Of these, 4 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 (177 concluded cases)
Sumana runs a median 14 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 taking 50 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
Other Services2
Trading & Distribution1
Power & Energy1
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