Resolved — plan approved
2Acquirer 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 |
|---|---|---|---|---|---|
|
Hindustan Magnesium Products Private Limited
→ acquired by Mr. K. Venkata Ratna Prasad
|
IRP · Apr 2022
RP · May 2022
|
🔒 | 🔒 | 🔒 | 10 mo
to Feb 2023
|
|
Sri Ramanjaneya Ispat Private Limited
→ acquired by Consortium of Terapanth Foods Limited and M/S. Rav's Steels Private Limited
|
IRP · Dec 2018
RP · Jan 2019
|
🔒 | 🔒 | 🔒 | 14 mo
to Jan 2020
|
Voluntary liquidations
15Solvent 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 dissolution2y 3mo
across 11 completed · every VL on record runs 1y 8mo
Dissolution orders read2 of 15
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 |
|---|---|---|---|---|---|
Twenty One Net (India) Private Limited
6 dated steps in the orderCOURT-V, MUMBAI BENCH
|
Voluntary Liquidator · Aug 2020 |
🔒 | 🔒 | 🔒 | 2y 9mo to May 2023 |
| Renewable Energy Corporation (India) Private Limited |
Voluntary Liquidator · Feb 2024 |
🔒 | 🔒 | 🔒 | 2y 3mo to Jun 2026 |
| 47LINE Technologies Private Limited |
Voluntary Liquidator · Dec 2021 |
🔒 | 🔒 | 🔒 | 4y 2mo to Feb 2026 |
| Cliqr Technologies India Private Limited |
Voluntary Liquidator · Mar 2021 |
🔒 | 🔒 | 🔒 | 4y 3mo to Jun 2025 |
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 — interim2
Resolution Professional2
Voluntary Liquidator15
Of these, 2 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
Hyderabad2 mandates
Bench median 14 months to outcome · 37% resolved (341 concluded cases)
V. runs a median 12 months to outcome across 2 concluded mandates.
The benches those mandates sit in run at 14 months, weighted by how many of V.'s cases each one holds —
so V. is closing 80 days faster than those benches.
Sector exposure
Steel & Metals2
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