Liquidation — order passed
11 of 1 closed — by dissolution, going-concern sale or compromise.
Liquidation mandates1on this professional's record
Closed10 still in process
Order to closure25 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| Rai Ispat Private Limited |
IRP · Mar 2022
RP · Mar 2022
Liquidator · Jul 2023
|
🔒 | 🔒 | 🔒 | 16 mo
to Jul 2023
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.
Withdrawn / settled
1Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
Arrowline Organic Products
Food & Agro |
IRP · May 2020
|
49d
to Jun 2020
|
Earlier round closed
1An earlier process round; how it ended is not on record.
| Corporate Debtor | Role / Appointed |
|---|---|
|
Real Value Promoters Private Limited
Real Estate & Housing |
IRP · Dec 2021
|
Voluntary liquidations
1Solvent 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 dissolution2y 2mo
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 Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
Vista Soft India Private Limited
4 dated steps in the orderChennai Division Bench (Court - I)
|
Voluntary Liquidator · Mar 2022 |
🔒 | 🔒 | 🔒 | 2y 2mo to May 2024 |
Realised, paid and surplus figures are member data. 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 Jan 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.
Source: IBBI register and published data. How we source and correct →
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Role mix
IRP — interim3
Resolution Professional1
Liquidator1
Voluntary Liquidator1
Of these, 3 began as an IRP appointment — the interim role the tribunal fills on admission, before the committee of creditors confirms or replaces it.
Benches — mandates vs the forum's tempo
Chennai3 mandates
Bench median 13 months to outcome · 20% resolved (505 concluded cases)
Asir runs a median 16 months to outcome across 1 concluded mandate.
The benches those mandates sit in run at 13 months, weighted by how many of Asir's cases each one holds —
so Asir is taking 81 days longer than those benches.
Sector exposure
Food & Agro1
Financial Services1
Real Estate & Housing1
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