Resolved — plan approved
3Acquirer 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 |
|---|---|---|---|---|---|
|
Sumeet Industries Limited
→ acquired by Consortium of M/S. Eagle Fashions Pvt. Ltd., Eagle Fibers Limited, Eagle Synthetics Pvt. Ltd., Padmini Polytex Pvt. Ltd., Eagle Sizers and JPB Fibers
|
IRP · Dec 2022
|
🔒 | 🔒 | 🔒 | 1y 6mo
to Jul 2024
|
|
Viceroy Bangalore Hotels Private Limited
→ acquired by Dharampal Satyapal Limited
|
IRP · Aug 2022
RP · Sep 2022
|
🔒 | 🔒 | 🔒 | 10 mo
to May 2023
|
|
Garden Silk Mills Limited
→ acquired by MCPI Private Limited
|
IRP · Jun 2020
RP · Jul 2020
|
🔒 | 🔒 | 🔒 | 6 mo
to Jan 2021
|
Voluntary liquidations
2Solvent 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 dissolution5y 6mo
across 2 completed · every VL on record runs 1y 8mo
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| PlaySpan India Private Limited |
Voluntary Liquidator · Mar 2021 |
🔒 | 🔒 | 🔒 | 4y 10mo to Feb 2026 |
| BF Advisory Services India Private Limited |
Voluntary Liquidator · Feb 2020 |
🔒 | 🔒 | 🔒 | 6y 1mo to Apr 2026 |
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 Professional2
Voluntary Liquidator2
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
Ahmedabad2 mandates
Bench median 15 months to outcome · 32% resolved (451 concluded cases)
Hyderabad1 mandate
Bench median 14 months to outcome · 37% resolved (341 concluded cases)
Kuresh runs a median 10 months to outcome across 3 concluded mandates.
The benches those mandates sit in run at 15 months, weighted by how many of Kuresh's cases each one holds —
so Kuresh is closing 166 days faster than those benches.
Sector exposure
Textiles & Apparel1
Construction & Infrastructure1
Hospitality & Leisure1
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