Resolved — plan approved
3Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
| Corporate Debtor | Role / Appointed | Admitted | Realised | Rec vs LV | Duration |
|---|---|---|---|---|---|
|
EZHIL CHEMICAL PRIVATE LIMITED
U24294TN1988PTC016660
→ acquired by Silicate India Private Limited
|
IRP · Sep 2022
|
🔒 | 🔒 | 🔒 | 17 mo
to Feb 2024
|
|
KIRAN GLOBAL CHEM LIMITED
U24299PY2002PLC000618
→ acquired by Mr. Manmohan Singh Jain @ Manmohana Jain and Mr. Atul Jain
|
RP · Nov 2019
RP · Nov 2019
RP · Nov 2019
IRP · Mar 2021
IRP · Mar 2021
IRP · Mar 2021
IRP · Apr 2021
IRP · Apr 2021
IRP · Apr 2021
RP · May 2021
RP · May 2021
RP · May 2021
|
🔒 | 🔒 | 🔒 | 3y 4mo
to Sep 2024
|
|
AUROMATRIX HOTELS PRIVATE LIMITED
U36100TN2002PTC048848
→ acquired by Mr. Kumaran Sitaraman (Suspended Director)
|
IRP · Nov 2021
RP · Jan 2022
|
🔒 | 🔒 | 🔒 | 2y 5mo
to May 2024
|
Liquidation — order passed
83 of 8 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates8on this professional's record
Taken to dissolution35 still in process
Distributed vs liquidation value72.7%across 1 case with both figures · whole record 79.7%
Order to dissolution15 moaverage over 3 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Southern Fuel Limited
L02310TZ1993PLC012154
|
IRP · Sep 2021
Liquidator · Feb 2022
|
🔒 | 🔒 | 🔒 | 5 mo
to Feb 2022
|
|
Subburaj Cotsping Mills Private Limited
U17111TN2003PTC050935
|
IRP · Mar 2018
|
🔒 | 🔒 | 🔒 | 11 mo
to Feb 2019
|
|
R V Steels and Power Private Limited
U27106TN2007PTC062685
|
RP · Mar 2018
Liquidator · Jun 2018
|
🔒 | 🔒 | 🔒 | 9 mo
to Jun 2018
|
|
JBM SHELTERS PRIVATE LIMITED
U45200TN2006PTC060909
|
IRP · Sep 2021
RP · Oct 2021
|
🔒 | 🔒 | 🔒 | 2y
to Sep 2023
|
|
FREEWORLD EXPORTS PRIVATE LTD
U51420TN2004PTC052776
|
RP · Jun 2021
Liquidator · Apr 2022
|
🔒 | 🔒 | 🔒 | 14 mo
to Apr 2022
|
|
CHANDRA ROYAL INN PRIVATE LIMITED
U55101TN2009PTC072949
|
IRP · Sep 2018
RP · Oct 2018
Liquidator · Jun 2019
|
🔒 | 🔒 | 🔒 | 10 mo
to Jun 2019
|
|
RRP HOUSING PRIVATE LIMITED
U70100TN2009PTC074044
|
IRP · Dec 2017
|
🔒 | 🔒 | 🔒 | 15 mo
to Apr 2019
|
|
JBM HOMES PRIVATE LIMTED
U74999TN2015PTC098813
|
IRP · Sep 2021
RP · Oct 2021
|
🔒 | 🔒 | 🔒 | 2y
to Sep 2023
|
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
3Where 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: AM CLEAN AIR ENGINEERING PRIVATE LIMITED at 2,674 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
AM CLEAN AIR ENGINEERING PRIVATE LIMITED
U29192TN2004PTC053633
Machinery & Equipment |
RP · Sep 2019
|
2,674d past 330d limit | Under CIRP |
|
ARROWLINE ORGANIC PRODUCTS PRIVATE LIMITED
U15122TN2015PTC099926
Food & Agro |
IRP · Apr 2023
IRP · Apr 2023
|
1,258d past 330d limit | Under CIRP |
|
Cema Electric Lighting Products Private Limited
U31501TN2007PTC061950
Machinery & Equipment |
IRP · Feb 2025
IRP · Feb 2025
|
585d past 330d limit | Under CIRP |
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
2Solvent 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 dissolution8 mo
across 1 completed · every VL on record runs 1y 8mo
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| GYE TAY MACHINERY WORKS (INDIA) PRIVATE LIMITED U29100TZ2014PTC020709
|
Voluntary Liquidator · Aug 2025 |
— | — | — | in process |
| IPL GREEN POWER LTD U40107TN2011PLC083540
|
Voluntary Liquidator · Mar 2021 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 8 mo to Nov 2021 |
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 →.
Report an error →
Activity & context · vs India's IP universe
Activity — mandate countTop 10% of 2,365 ranked
At Chennai bench — by mandate countTop 10% of 149
Recovery vs liquidation value48.7%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor1 of 3
Typical time to outcome15 months
national median 16 months · median of 11 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 Professional31
Liquidator4
Voluntary Liquidator2
Of these, 11 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
Chennai14 mandates
Bench median 13 months to outcome · 20% resolved (503 concluded cases)
Tharuvai runs a median 15 months to outcome across 11 concluded mandates.
The benches those mandates sit in run at 13 months, weighted by how many of his cases each one holds —
so he is taking 62 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 & Agro2
Chemicals & Plastics2
Other Manufacturing2
Machinery & Equipment2
Textiles & Apparel1
Construction & Infrastructure1
Trading & Distribution1
Hospitality & Leisure1
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