SB

Sundaresh Bhat

Insolvency Professional · Resolution Professional FREE PROFILE

IPA Indian Institute of Insolvency Professio AFA Valid till Dec 2026 Bench data unavailable State data unavailable IBBI Reg IBBI/IPA-001/IP-P00077/2017-2018/10162
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Cases Handled
7
2 with financial detail
Resolved
1
17% resolution rate
Liquidations
5
liquidation orders
Recovery vs Liq. Value
126.8%
natl avg 166.9%
IRP Appointments
6
interim — at CIRP commencement
Mandate totals · across concluded cases
Claims Managed
₹15,334
Cr · across 2 mandates with figures
Total Realised
₹2,693
Cr · to creditors
Realised vs Claims
17.6%
across the book
Largest Mandate
₹9,706 Cr
Sterling Biotech Limited
Resolved — plan approved (1)
Corporate DebtorRole / AppointedAdmittedRealisedRec vs LVHaircut
JBF Petrochemicals Limited
U24290DN2008PLC000287
IRP · Jan 2022
RP · Mar 2022
₹5,628 Cr ₹2,050 Cr 126.8% 63.6%
Liquidation — order passed (5)
Corporate DebtorRole / AppointedAdmittedDistributedRec vs Claims
EMCO LIMITED
L31102MH1964PLC013011
RP · Oct 2019
Liquidator · Aug 2021
Sterling Biotech Limited
L51900MH1985PLC035738
IRP · Jun 2018
RP · Jul 2018
₹9,706 Cr ₹643 Cr 6.6%
ABG Shipyard Limited
L61200GJ1985PLC007730
IRP · Aug 2017
RP · Sep 2017
Liquidator · Apr 2019
LOTUS SHOPPING CENTRES PRIVATE LIMITED
U45209KA2007PTC044541
IRP · Aug 2018
BSR DIAGNOSTIC LIMITED
U85110CT1994PLC008663
IRP · Sep 2017
RP · Nov 2017
Under CIRP — ongoing (1)
Corporate DebtorRole / AppointedCIRP AgeStage
MACK SOFT TECH PRIVATE LIMITED
U52520TG2003PTC041482
IRP · Aug 2017
8y 10mo data unavailable
Live mandates — admitted claims and recovery are determined only as each case concludes, so figures appear here once an outcome is reached.
About this data: Profile data is sourced from IBBI quarterly newsletters and public announcement records. Only cases where this IP was appointed as Resolution Professional are shown. Data coverage grows as we add historical IBBI newsletters. Report an error →
Performance Summary
Resolution rate 17%
Recovery vs liq. value 126.8% (natl 166.9%)
Recovery vs LV (weighted) 126.8% claim-wtd
Avg haircut (resolved) 63.6% (natl 69.4%)
Sectors covered 0
Data source IBBI Quarterly

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