Liquidation — order passed
1Liquidation mandates1on this professional's record
Taken to dissolution01 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
HYFLUX ENGINEERING (INDIA) PRIVATE LIMITED.
U41000TN2005PTC058429
|
IRP · Apr 2024
RP · May 2024
|
🔒 | 🔒 | 🔒 | 13 mo
to May 2025
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.
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 dissolution9 mo
across 3 completed · every VL on record runs 1y 8mo
Dissolution orders read3 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 |
|---|---|---|---|---|---|
| SUN GREEN TRADING AND SERVICES PRIVATE LIMITED U52100TN2019PTC132126
6 dated steps in the orderDIVISION BENCH - II, CHENNAI
|
Voluntary Liquidator · Oct 2022 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 6 mo to Apr 2023 |
| Hinduja Insurance Broking and Advisory Services Limited U66000TN2019PLC129176
7 dated steps in the orderChennai, Division Bench - II
|
Voluntary Liquidator · Sep 2022 |
Rs 1 Cr | Rs 0 Cr | Rs 1 Cr | 9 mo to Jun 2023 |
| Global Smart Chip Solutions Private Limited U74120TN2011PTC079485
4 dated steps in the orderSPECIAL BENCH - I, CHENNAI
|
Voluntary Liquidator · Mar 2022 |
Rs 8 Cr | Rs 0 Cr | Rs 8 Cr | 13 mo to May 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 outcome13 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 Professional2
Voluntary Liquidator3
Of these, 1 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
Chennai1 mandate
Bench median 13 months to outcome · 20% resolved (503 concluded cases)
T runs a median 13 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 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
Power & Energy1
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