Liquidation — order passed
33 of 3 closed — by dissolution, going-concern sale or compromise.
Liquidation mandates3on this professional's record
Closed30 still in process
Distributed vs liquidation value90.7%across 2 cases with both figures · whole record 81.1%
Order to closure21 moaverage over 3 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
| Liquid Space Entertainment Private Limited |
IRP · Nov 2018
RP · Apr 2019
|
🔒 | 🔒 | 🔒 | 5 mo
to Apr 2019
|
| Jackonblock Facility Services Private Limited |
IRP · Apr 2017
RP · Dec 2017
|
🔒 | 🔒 | 🔒 | 9 mo
to Jan 2018
|
| DCS International Private Limited |
IRP · Jul 2017
RP · Aug 2017
Liquidator · Nov 2017
|
🔒 | 🔒 | 🔒 | 4 mo
to Nov 2017
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.
Voluntary liquidations
79Solvent 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 59 completed · every VL on record runs 1y 8mo
Dissolution orders read6 of 79
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 |
|---|---|---|---|---|---|
| Pattu Fabrics Private Limited |
Voluntary Liquidator · Mar 2025 |
🔒 | 🔒 | 🔒 | 7 mo to Oct 2025 |
| Digvijay Printing Inks Private Limited |
Voluntary Liquidator · Aug 2018 |
🔒 | 🔒 | 🔒 | 4y 1mo to Sep 2022 |
| Sandur Pellets Private Limited |
Voluntary Liquidator · Mar 2025 |
🔒 | 🔒 | 🔒 | 13 mo 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 Professional3
Liquidator1
Voluntary Liquidator79
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
Bengaluru3 mandates
Bench median 12 months to outcome · 26% resolved (179 concluded cases)
Thirupal runs a median 5 months to outcome across 3 concluded mandates.
The benches those mandates sit in run at 12 months, weighted by how many of Thirupal's cases each one holds —
so Thirupal is closing 222 days faster than those benches.
Sector exposure
Textiles & Apparel1
Other Services1
Hospitality & Leisure1
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