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Home / RP Tracker / Vijaykumar Subramaniam Varun

Vijaykumar Subramaniam Varun UNCLAIMED PROFILE

Insolvency Professional · Active since 2019
IPA ICSI IIP Bench Bengaluru · South Reg IBBI/IPA-002/IP-N00290/2017-18/10848
Steel & MetalsMachinery & EquipmentReal Estate & HousingTrading & DistributionTextiles & Apparel
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Career composition · 5 CIRP mandates
1
2
2
Resolved 1 Liquidation 2 Under CIRP 2
Appointments by year
'19'20'21'22'23'24'25'26
Overview Resolved 1 Liquidation 2 Under CIRP 2 Voluntary 1 Standing
Mandates
5cases
3 with financials · last appointed Nov 2020
Claims Managed
Rs 421Cr
across 3 cases with figures
Realised for Creditors
Rs 63Cr
14.9% of admitted claims
Resolved
1cases
33% resolution rate
Recovery vs LV
116.9%
1 of 1 beat the floor
Typical CIRP Time
9 months
nationally 16 months
Largest Mandate
Rs 297 Cr
Aradhaya Steel Private …

Resolved — plan approved

1
Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
Corporate DebtorRole / AppointedAdmittedRealisedRec vs LVDuration
Aradhaya Steel Private Limited
U00361KA1989PTC009761
→ acquired by Bansal Wire Industries Limited
IRP · Sep 2019
RP · Oct 2019
🔒 🔒 🔒 12 mo
to Aug 2020

Liquidation — order passed

2
1 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 value82.9%across 1 case with both figures · whole record 79.7%
Order to dissolution25 moaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
INMARK RETAIL PRIVATE LIMITED
U18101KA2008PTC047261
IRP · Jun 2020
🔒 🔒 🔒 4 mo
to Sep 2020
Aradhya wire and Ropes Private Limited
U31300KA1996PTC019558
IRP · Feb 2020
Liquidator · Nov 2020
🔒 🔒 🔒 9 mo
to Nov 2020
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

2
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
2past 330d
Longest-running live mandate: Wilworth Earthmoves Private Limited at 2,591 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Wilworth Earthmoves Private Limited
U51504KA1999PTC025450
Trading & Distribution
IRP · Sep 2019
2,591d past 330d limit Under CIRP
UNISHIRE REGENCY PARK LLP
AAB2673
Real Estate & Housing
IRP · May 2020
2,311d 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

1
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 dissolution15 mo across 1 completed · every VL on record runs 1y 8mo
Dissolution orders read1 of 1 the tribunal's own order, field by field — expand a row for the dated sequence
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
VENINORE TECHNOLOGIES (INDIA) PRIVATE LIMITED
U72200KA2010PTC055886
5 dated steps in the order
Bengaluru Bench
  1. Members' resolution30 Nov 2019
  2. Public announcement3 Nov 2019
  3. Preliminary report7 Jan 2020
  4. Final report27 Nov 2020
  5. Dissolution order4 Mar 2021
Voluntary Liquidator · Nov 2019
Rs 1 Cr Rs 0 Cr Rs 1 Cr 15 mo
to Mar 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 →.
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Activity & context · vs India's IP universe
Activity — mandate count5 mandates on record
Recovery vs liquidation value116.9%
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 outcome9 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 Professional6
Liquidator1
Voluntary Liquidator1
Of these, 5 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
Bengaluru5 mandates
Bench median 12 months to outcome · 27% resolved (176 concluded cases)
Vijaykumar runs a median 9 months to outcome across 3 concluded mandates. The benches those mandates sit in run at 12 months, weighted by how many of his cases each one holds — so he is closing 90 days faster 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
Real Estate & Housing1
Steel & Metals1
Textiles & Apparel1
Machinery & Equipment1
Trading & Distribution1
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