Resolved — plan approved
1Acquirer shown where the approved plan names one. Figures shown for outcomes in the last 90 days — the full financial record is member data.
| Corporate Debtor | Role / Appointed | Admitted | Realisable (plan) | Rec vs LV | Duration |
|---|---|---|---|---|---|
|
Merchem Limited
→ acquired by Acme Chem Limited
|
IRP · Jan 2018
|
🔒 | 🔒 | 🔒 | 12 mo
to Jan 2019
|
Liquidation — order passed
259 of 25 closed — by dissolution, going-concern sale or compromise.
Liquidation mandates25on this professional's record
Closed916 still in process
Distributed vs liquidation value65.6%across 7 cases with both figures · whole record 81.1%
Order to closure49 moaverage over 9 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| Star Trace Private Limited |
RP · Apr 2022
|
🔒 | 🔒 | 🔒 | 3y
to Aug 2024
|
| Effimax Engineers Private Limited |
RP · Apr 2022
Liquidator · Nov 2022
|
🔒 | 🔒 | 🔒 | 11 mo
to Nov 2022
|
| SLO Industries Limited |
IRP · Nov 2019
RP · Dec 2019
|
🔒 | 🔒 | 🔒 | 2y 2mo
to Jan 2022
|
| Aascar Film Private Limited |
IRP · Sep 2019
RP · Oct 2019
Liquidator · Apr 2021
|
🔒 | 🔒 | 🔒 | 1y 7mo
to Apr 2021
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.
Source: IBBI register and published data. How we source and correct →
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Role mix
IRP — interim23
Resolution Professional21
Liquidator19
Voluntary Liquidator3
Of these, 23 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
Chennai28 mandates
Bench median 13 months to outcome · 20% resolved (505 concluded cases)
C. runs a median 10 months to outcome across 25 concluded mandates.
The benches those mandates sit in run at 13 months, weighted by how many of C.'s cases each one holds —
so C. is closing 86 days faster than those benches.
Sector exposure
Other Manufacturing5
Other Services4
Food & Agro3
Textiles & Apparel3
Machinery & Equipment2
Trading & Distribution2
Hospitality & Leisure2
Real Estate & Housing2
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