Liquidation — order passed
11 of 1 closed — by dissolution, going-concern sale or compromise.
Liquidation mandates1on this professional's record
Closed10 still in process
Distributed vs liquidation value14.8%across 1 case with both figures · whole record 81.1%
Order to closure37 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| MTM Trading Private Limited |
IRP · Mar 2021
RP · Apr 2021
Liquidator · Aug 2021
|
🔒 | 🔒 | 🔒 | 5 mo
to Aug 2021
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.
Voluntary liquidations
13Solvent 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 dissolution11 mo
across 9 completed · every VL on record runs 1y 8mo
Dissolution orders read6 of 13
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 |
|---|---|---|---|---|---|
Kumaran Hi-Tech Private Limited
5 dated steps in the orderBengaluru Bench
|
Voluntary Liquidator · Jun 2020 |
🔒 | 🔒 | 🔒 | 18 mo to Dec 2021 |
| Syngene Manufacturing Solutions Limited |
Voluntary Liquidator · Jun 2026 |
🔒 | 🔒 | 🔒 | in process |
BF Precision Private Limited
5 dated steps in the orderDIVISION BENCH – II, CHENNAI
|
Voluntary Liquidator · Mar 2024 |
🔒 | 🔒 | 🔒 | 14 mo to Jun 2025 |
| Wipro Personal Care Private Limited |
Voluntary Liquidator · Mar 2023 |
🔒 | 🔒 | 🔒 | 9 mo to Dec 2023 |
Digital First Online Brands Private Limited
8 dated steps in the orderSPECIAL BENCH, BENGALURU
|
Voluntary Liquidator · Jan 2022 |
🔒 | 🔒 | 🔒 | 1y 7mo to Aug 2023 |
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 Professional1
Liquidator1
Voluntary Liquidator13
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)
Joby runs a median 5 months to outcome across 1 concluded mandate.
The benches those mandates sit in run at 12 months, weighted by how many of Joby's cases each one holds —
so Joby is closing 209 days faster than those benches.
Sector exposure
Trading & Distribution1
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