Handed over
1Running cases where IBBI's record shows another professional appointed after this professional. The case continues under the later appointee.
| Corporate Debtor | Role / Appointed |
|---|---|
|
Sovereign Developers and Infrastructure Limited
Construction & Infrastructure |
IRP · Jul 2019
|
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.
Typical time to dissolution1y 8mo
median across every VL on record — none of these mandates has reached dissolution yet
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| Playdom India Private Limited |
Voluntary Liquidator · Mar 2018 |
🔒 | 🔒 | 🔒 | 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
Voluntary Liquidator1
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
Bengaluru1 mandate
Bench median 12 months to outcome · 26% resolved (180 concluded cases)
Sector exposure
Construction & Infrastructure1
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