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Home / RP Tracker / Devika Sathyanarayana

Devika Sathyanarayana UNCLAIMED PROFILE

Insolvency Professional · Bengaluru, Karnataka · Active since 2022
Bench Bengaluru · South·IBBI/IPA-002/IP-N00651/2020-2021/13221·IPA ICSI IIP·CPE 91 credits
Sectors: Real Estate · Manufacturing
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Viewed 7× in 90 days — a public page, built from the IBBI record
Career composition · 9 companies, incl. 1 withdrawn and 6 voluntary
1
1
1
6
Resolved 1 Under CIRP 1 Withdrawn / settled 1 Voluntary liquidation 6
Companies by year of first appointment
4
1
4
'22'23'24'25'26
Mandates
2companies
1 with financials
Resolved
1case
100% of 1 CIRP led
Recovery vs LV
135.5%
1 of 1 beat LV
CIRP time
18months
national median 16 mo
Voluntary liq.
6companies
median 17 mo · all VLs 1y 8mo
Resolved: ₹278 Cr admitted claims · ₹140 Cr realisable under the approved plans (50.1%) · 1 company with both figures
Last appointed Sep 2026.

3 more companies on this profile open with a plan. See plans →

Right now — live mandates

1
Against the statutory clock: 180 / 270 / 330 days from commencement.
1181–270d
Longest-running live mandate: VOI Jeans Retail India Private Limited at 227 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
VOI Jeans Retail India Private Limited
Trading & Distribution
RP · Jul 2026
227d in extension EoI closed Sep 2026

Resolved — plan approved

1
Acquirer shown where the approved plan names one. Figures shown for outcomes in the last 90 days — the full financial record is member data.
Corporate DebtorRole / AppointedAdmittedRealisable (plan)Rec vs LVDuration
Shri Shivsagar Sugar and Agro Products Limited
→ acquired by Consortium of Mr. Syed Fahad Jointly with Gudagunti Sugars & Bioeneergies Pvt. Ltd.
IRP · Oct 2022
🔒 🔒 🔒 1y 6mo
to May 2024

Withdrawn / settled

1
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
Dhammanagi Developerss Private Limited
Real Estate & Housing
RP · Jul 2022
10 mo
to Jan 2023

Voluntary liquidations

6
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 dissolution17 mo across 2 completed · every VL on record runs 1y 8mo
Dissolution orders read1 of 6 the tribunal's own order, field by field — expand a row for the dated sequence
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
Jebpo Services LLP
AAI4133
Voluntary Liquidator · Feb 2026
🔒 🔒 🔒 in process
Oddpots Foods LLP
ACM3558
Voluntary Liquidator · Sep 2026
🔒 🔒 🔒 in process
Sampaje Areca Plantations Private Limited
Voluntary Liquidator · Sep 2026
🔒 🔒 🔒 in process
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 — interim1
Resolution Professional2
Voluntary Liquidator6
Of these, 1 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
Bengaluru2 mandates
Bench median 12 months to outcome · 26% resolved (179 concluded cases)
Mumbai1 mandate
Bench median 18 months to outcome · 34% resolved (1,268 concluded cases)
Devika runs a median 18 months to outcome across 1 concluded mandate. The benches those mandates sit in run at 14 months, weighted by how many of Devika's cases each one holds — so Devika is taking 128 days longer than those benches.
Sector exposure
Food & Agro1
Trading & Distribution1
Real Estate & Housing1
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