VB

Vakati Balasubramanyam Reddy

Insolvency Professional · Resolution Professional FREE PROFILE

IPA ICAI IIIPI AFA Valid Bench Mumbai · West State Maharashtra IBBI Reg IBBI/IPA-001/IP-P00662/2017-2018/11131
Declared sectors
Real Estate Manufacturing
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Cases Handled
4
3 with financial detail
Resolved
2
100% resolution rate
Liquidations
0
liquidation orders
Recovery vs Liq. Value
99.6%
natl avg 166.9%
IRP Appointments
3
interim — at CIRP commencement
Cases Handled (4) · 3 with financial detail
Corporate DebtorRole / Appointed Admitted ClaimsHaircutStatus
Navya Agro Products Private Limited
U01111AS2015PTC012154
IRP · Sep 2021
₹7 Cr 60.0% Resolved
Shirt Company (India) Private Limited
U18101MH2005PTC153109
IRP · Mar 2020
CIRP
Megi Agro Chem Limited
U24210MH1999PLC118134
RP
IRP · Aug 2022
₹163 Cr 89.3% Resolved
ADICO FORGE PRIVATE LIMITED
U27109PN2004PTC019295
IRP · Jul 2023
₹53 Cr 50.9% Resolved
Voluntary Liquidations (1)
Mercury Wealth Management Private Limited
U74999MH2017PTC302806
Voluntary Liquidator · Sep 2024
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 →
Sector Exposure
Steel & Metals
1 case
Food & Agro
1 case
Performance Summary
Resolution rate 100%
Recovery vs liq. value 99.6% (natl 166.9%)
Avg haircut (resolved) 52.0% (natl 69.4%)
Sectors covered 2
Data source IBBI Quarterly

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