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Home / RP Tracker / Ratnakar Shetty

Ratnakar Shetty UNCLAIMED PROFILE

Insolvency Professional · Bengaluru, Karnataka · Active since 2019
Bench Bengaluru · South·IBBI/IPA-001/IP-P01630/2019-2020/12718·IPA ICAI IIIPI·CPE 117 credits
Sectors: Real Estate
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Viewed 12× in 90 days — a public page, built from the IBBI record
Career composition · 18 companies, incl. 11 voluntary
3
2
1
1
11
Resolved 3 Liquidation 2 Under CIRP 1 Handed over 1 Voluntary liquidation 11
Companies by year of first appointment
1
1
1
4
5
3
3
'19'20'21'22'23'24'25'26
Activity
Top 10%
24 IBBI appointments · Bengaluru top 20%
Resolved
3cases
60% of 5 CIRPs led
Recovery vs LV
197.0%
2 of 2 beat LV
CIRP time
32months
national median 16 mo
Liquidation
2companies
0 closed · 2 in process
Voluntary liq.
11companies
median 2y · all VLs 1y 8mo
Resolved: ₹65 Cr admitted claims · ₹31 Cr realisable under the approved plans (47.3%) · 2 companies with both figures
Last appointed Aug 2026. Ranks by mandate count, not a quality score.

12 more companies on this profile open with a plan. See plans →

Right now — live mandates

1
Against the statutory clock: 180 / 270 / 330 days from commencement.
1within 180d
Longest-running live mandate: Devkiran Paper Mills Private Limited at 151 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Devkiran Paper Mills Private Limited
Food & Agro
RP · Aug 2026
151d within 180d EoI closed Sep 2026

Resolved — plan approved

3
Acquirer shown where the approved plan names one. Figures shown for outcomes in the last 90 days — the full financial record is member data.
Corporate DebtorRole / AppointedAdmittedRealisable (plan)Rec vs LVDuration
Lalith Gangadhar Constructions Private Limited
→ acquired by Kumar Properties Private Limited
IRP · Apr 2022
RP · Jun 2022
🔒 🔒 🔒 3y 6mo
to Nov 2025
Malind Properties Private Limited
→ acquired by Krishnaiah Projects Private Limited
IRP · Feb 2023
RP · Apr 2023
🔒 🔒 🔒 2y 7mo
to Oct 2025
Unishire Lifestyle Dwellings LLP
AAA6356
→ acquired by SA Enterprises
IRP · Mar 2022
RP · Apr 2022
🔒 🔒 🔒 3y 2mo
to May 2025

Liquidation — order passed

2
Liquidation mandates2on this professional's record
Closed02 still in process
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
NYS Granites Impex Private Limited
IRP · Jun 2023
RP · Jul 2023
🔒 🔒 🔒 1y 11mo
to May 2025
Unitex Apparels Private Limited
IRP · Oct 2019
Liquidator · Dec 2020
RP · Dec 2020
🔒 🔒 🔒 11 mo
to Sep 2020
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 — interim6
Resolution Professional6
Liquidator1
Voluntary Liquidator11
Of these, 6 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
Bengaluru7 mandates
Bench median 12 months to outcome · 26% resolved (180 concluded cases)
Ratnakar runs a median 32 months to outcome across 5 concluded mandates. The benches those mandates sit in run at 12 months, weighted by how many of Ratnakar's cases each one holds — so Ratnakar is taking 591 days longer than those benches.
Sector exposure
Construction & Infrastructure2
Financial Services1
Food & Agro1
Textiles & Apparel1
Other Services1
Healthcare1
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