Resolved — plan approved
1Acquirer 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 |
|---|---|---|---|---|---|
|
Badami Sugars Limited
→ acquired by Shri Sai Priya Sugars Limited
|
IRP · Sep 2019
RP · Nov 2019
|
🔒 | 🔒 | 🔒 | 9 mo
to Jul 2020
|
Liquidation — order passed
1412 of 14 closed — by dissolution, going-concern sale or compromise.
Liquidation mandates14on this professional's record
Closed122 still in process
Distributed vs liquidation value63.2%across 8 cases with both figures · whole record 81.1%
Order to closure19 moaverage over 9 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| Sriya Farms and Feeds Private Limited |
IRP · Oct 2024
RP · Nov 2024
|
🔒 | 🔒 | 🔒 | 17 mo
to Mar 2026
|
| Olympic Sportsware & Equipments Private Limited |
Liquidator · Jun 2025
|
🔒 | 🔒 | 🔒 | 2y 6mo
to Jun 2025
|
| Bava Infrastructure Developers Private Limited |
IRP · Jun 2024
|
🔒 | 🔒 | 🔒 | 12 mo
to Jun 2025
|
| Kanva Fashions Limited |
IRP · Jul 2023
RP · Sep 2023
Liquidator · Feb 2025
|
🔒 | 🔒 | 🔒 | 1y 6mo
to Feb 2025
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.
Source: IBBI register and published data. How we source and correct →
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Role mix
IRP — interim8
Resolution Professional10
Liquidator11
Voluntary Liquidator3
Of these, 8 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
Bengaluru19 mandates
Bench median 12 months to outcome · 26% resolved (180 concluded cases)
Madhugiri runs a median 10 months to outcome across 9 concluded mandates.
The benches those mandates sit in run at 12 months, weighted by how many of Madhugiri's cases each one holds —
so Madhugiri is closing 64 days faster than those benches.
Sector exposure
Textiles & Apparel4
Construction & Infrastructure2
Food & Agro2
Machinery & Equipment2
Logistics & Transport2
Healthcare2
Chemicals & Plastics1
Steel & Metals1
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