Liquidation — order passed
32 of 3 closed — by dissolution, going-concern sale or compromise.
Liquidation mandates3on this professional's record
Closed21 still in process
Distributed vs liquidation value48.0%across 1 case with both figures · whole record 81.1%
Order to closure39 moaverage over 2 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| KN Interior Designs and Engineering Pvt Ltd |
RP · Mar 2022
Liquidator · Sep 2022
|
🔒 | 🔒 | 🔒 | 10 mo
to Sep 2022
|
| Monorex Private Limited |
IRP · Feb 2019
RP · Mar 2019
|
🔒 | 🔒 | 🔒 | 12 mo
to Feb 2020
|
| Velohar Infra Private Limited |
IRP · Aug 2018
RP · Oct 2018
Liquidator · Jun 2019
|
🔒 | 🔒 | 🔒 | 9 mo
to Jun 2019
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.
Withdrawn / settled
1Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
Selathaar Tanning Industries Private Limited
Other Manufacturing |
IRP · Apr 2021
|
1y 7mo
to Nov 2022
|
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.
Median time to dissolution1y 7mo
across 1 completed · every VL on record runs 1y 8mo
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| Iminsight Software Private Limited |
Voluntary Liquidator · Feb 2019 |
🔒 | 🔒 | 🔒 | 1y 7mo to Oct 2020 |
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 Professional3
Liquidator2
Voluntary Liquidator1
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
Chennai4 mandates
Bench median 13 months to outcome · 20% resolved (505 concluded cases)
M. runs a median 10 months to outcome across 3 concluded mandates.
The benches those mandates sit in run at 13 months, weighted by how many of M.'s cases each one holds —
so M. is closing 106 days faster than those benches.
Sector exposure
Textiles & Apparel1
Other Manufacturing1
Construction & Infrastructure1
Real Estate & Housing1
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