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Home / RP Tracker / Velli Paramasivam

Velli Paramasivam UNCLAIMED PROFILE

Insolvency Professional · Tamil Nadu · Active since 2017
IPA ICSI IIP Bench Chennai · South Reg IBBI/IPA-002/IP-N00311/2017-2018/10940 CPE 138 credits
ElectricityReal EstateManufacturing
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Viewed in 90 days — what ARCs, banks & funds see when they search this name
Career composition · 2 CIRP mandates
1
1
Liquidation 1 Withdrawn / settled 1
Appointments by year
'17'18'19'20'21'22'23'24'25'26
Overview Liquidation 1 Withdrawn 1 Voluntary 2 Standing
Mandates
1cases
1 with financials · last appointed Apr 2021
Claims Managed
Rs 32Cr
across 1 case with figures
Resolved
0cases
0% resolution rate
Typical CIRP Time
14 months
nationally 16 months
Largest Mandate
Rs 32 Cr
Antony Projects Private…

Liquidation — order passed

1
1 of 1 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates1on this professional's record
Taken to dissolution10 still in process
Order to dissolution64 moaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Antony Projects Private Limited
U45201TN2004PTC054910
IRP · Nov 2017
🔒 🔒 🔒 14 mo
to Jan 2019
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.

Withdrawn / settled

1
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
Dugar Housing Limited
U74999TN1994PLC028755
Other Services
IRP · Nov 2019
6y 10mo

Voluntary liquidations

2
Solvent 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 dissolution14 mo across 1 completed · every VL on record runs 1y 8mo
Dissolution orders read1 of 2 the tribunal's own order, field by field — expand a row for the dated sequence
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
Andrew Industries (India) Private Limited
U29268TN2009FTC072995
4 dated steps in the order
DIVISION BENCH -II, CHENNAI
  1. Members' resolution24 Jul 2021
  2. Public announcement3 May 2021
  3. Preliminary report12 Jun 2021
  4. Dissolution order2 May 2022
Voluntary Liquidator · Apr 2021
Rs 4 Cr Rs 4 Cr 14 mo
to May 2022
EEVAN PROPERTIES PROMOTER INDIA LIMITED
U45400TN2011PLC080461
Voluntary Liquidator · Jan 2018
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 count1 mandates on record
Typical time to outcome14 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 Liquidator2
Of these, 2 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
Chennai2 mandates
Bench median 13 months to outcome · 20% resolved (503 concluded cases)
Velli runs a median 14 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 taking 34 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
Construction & Infrastructure1
Other Services1

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