Liquidation — order passed
3Liquidation mandates3on this professional's record
Closed03 still in process
Distributed vs liquidation value83.0%across 2 cases with both figures · whole record 81.1%
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| Gemini Arts Private Limited |
RP · Feb 2019
|
🔒 | 🔒 | 🔒 | 5y 1mo
to Aug 2023
|
| Frontline Printers Private Limited |
IRP · Nov 2017
RP · Dec 2017
Liquidator · Apr 2022
|
🔒 | 🔒 | 🔒 | 4y 5mo
to Apr 2022
|
| Sholingur Textiles LImited |
IRP · Feb 2019
RP · Mar 2019
Liquidator · Feb 2020
|
🔒 | 🔒 | 🔒 | 12 mo
to Feb 2020
|
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Withdrawn / settled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 |
|---|---|---|
|
Auromatrix Hotels Private Limited
Other Manufacturing |
IRP · Apr 2021
|
21d
to Apr 2021
|
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 dissolution2y 1mo
across 3 completed · every VL on record runs 1y 8mo
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| Amaravati Management Services LLP AAL5812
|
Voluntary Liquidator · Feb 2020 |
🔒 | 🔒 | 🔒 | 2y 1mo to Apr 2022 |
| HMS HOST & Lite Bite Private Limited |
Voluntary Liquidator · Sep 2018 |
🔒 | 🔒 | 🔒 | 14 mo to Nov 2019 |
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 Professional3
Liquidator2
Voluntary Liquidator3
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
Chennai4 mandates
Bench median 13 months to outcome · 20% resolved (505 concluded cases)
Balasubramanian runs a median 54 months to outcome across 3 concluded mandates.
The benches those mandates sit in run at 13 months, weighted by how many of Balasubramanian's cases each one holds —
so Balasubramanian is taking 1239 days longer than those benches.
Sector exposure
Other Manufacturing2
Textiles & Apparel1
Financial Services1
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