Liquidation — order passed
1Liquidation mandates1on this professional's record
Closed01 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| Hyflux Engineering (India) Private Limited. |
IRP · Apr 2024
RP · May 2024
|
🔒 | 🔒 | 🔒 | 13 mo
to May 2025
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.
Voluntary liquidations
3Solvent 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 dissolution9 mo
across 3 completed · every VL on record runs 1y 8mo
Dissolution orders read3 of 3
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 |
|---|---|---|---|---|---|
Sun Green Trading and Services Private Limited
6 dated steps in the orderDIVISION BENCH - II, CHENNAI
|
Voluntary Liquidator · Oct 2022 |
🔒 | 🔒 | 🔒 | 6 mo to Apr 2023 |
Hinduja Insurance Broking and Advisory Services Limited
7 dated steps in the orderChennai, Division Bench - II
|
Voluntary Liquidator · Sep 2022 |
🔒 | 🔒 | 🔒 | 9 mo to Jun 2023 |
Global Smart Chip Solutions Private Limited
4 dated steps in the orderSPECIAL BENCH - I, CHENNAI
|
Voluntary Liquidator · Mar 2022 |
🔒 | 🔒 | 🔒 | 13 mo to May 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
Voluntary Liquidator3
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
Chennai1 mandate
Bench median 13 months to outcome · 20% resolved (505 concluded cases)
T runs a median 13 months to outcome across 1 concluded mandate.
The benches those mandates sit in run at 13 months, weighted by how many of T's cases each one holds —
so T is moving at the pace of those benches, within a month either way.
Sector exposure
Power & Energy1
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