Resolved — plan approved
1Acquirer 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 |
|---|---|---|---|---|---|
|
PROSEED INDIA LIMITED
L01403TG2002PLC039113
→ acquired by Mr. Ratakonda Vivek Kumar, Chartered Accountant jointly with M/s. Srija Hotels & Properties Private Limited and M/s. Equivas Capital Private Limited ("Resolution Applicant")
|
IRP · Jul 2019
|
🔒 | 🔒 | 🔒 | 17 mo
to Dec 2020
|
Liquidation — order passed
21 of 2 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates2on this professional's record
Taken to dissolution11 still in process
Distributed vs liquidation value250.0%across 1 case with both figures · whole record 79.7%
Order to dissolution15 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
DQ Entertainment (International) Limited
L92113TG2007PLC053585
|
Liquidator · Dec 2023
|
🔒 | 🔒 | 🔒 | 1y 6mo
to Dec 2023
|
|
Kling Enterprises India Limited
U67120TG2007PLC053474
|
IRP · Nov 2022
RP · Dec 2022
Liquidator · Feb 2024
|
🔒 | 🔒 | 🔒 | 15 mo
to Feb 2024
|
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 dissolution1y 6mo
across 3 completed · every VL on record runs 1y 8mo
Dissolution orders read1 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 |
|---|---|---|---|---|---|
| NEUHEIT PHARMA PRIVATE LIMITED U24233TG2015PTC098047
6 dated steps in the orderHYDERABAD BENCH - II
|
Voluntary Liquidator · Mar 2021 |
Rs 31 Cr | Rs 0 Cr | Rs 31 Cr | 2y 11mo to Feb 2024 |
| AINS India Private Limited U72200TG1997PTC085249
|
Voluntary Liquidator · Apr 2024 |
Rs 1 Cr | Rs 1 Cr | Rs 0 Cr | 1y 6mo to Oct 2025 |
| LXTECH INDIA PRIVATE LIMITED U72900TG2019FTC135392
|
Voluntary Liquidator · Apr 2025 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 11 mo to Mar 2026 |
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 count3 mandates on record
Recovery vs liquidation value100.0%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor1 of 1
Typical time to outcome17 months
national median 16 months · median of 3 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 Professional3
Liquidator2
Voluntary Liquidator3
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
Hyderabad2 mandates
Bench median 14 months to outcome · 38% resolved (348 concluded cases)
Cuttack1 mandate
Bench median 18 months to outcome · 35% resolved (49 concluded cases)
Venka runs a median 17 months to outcome across 3 concluded mandates.
The benches those mandates sit in run at 16 months, weighted by how many of his cases each one holds —
so he is taking 40 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 & Agro1
Other Services1
Financial Services1
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