Resolved — plan approved
6Acquirer 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 |
|---|---|---|---|---|---|
|
Rosvar Steels Private Limited
→ acquired by Mr. Ravichandran and Ragulan
|
RP · Oct 2022
|
🔒 | 🔒 | 🔒 | 17 mo
to Nov 2023
|
|
G B J Hotels Private Limited
→ acquired by KP Advisory Services LLP
|
IRP · Apr 2022
RP · May 2022
|
🔒 | 🔒 | 🔒 | 16 mo
to Aug 2023
|
Source: IBBI register and published data. How we source and correct →
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Role mix
IRP — interim14
Resolution Professional26
Liquidator21
Of these, 14 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
Chennai30 mandates
Bench median 13 months to outcome · 20% resolved (505 concluded cases)
Kochi4 mandates
Bench median 13 months to outcome · 29% resolved (70 concluded cases)
Bengaluru1 mandate
Bench median 12 months to outcome · 26% resolved (179 concluded cases)
Amaravati1 mandate
Bench median 15 months to outcome · 29% resolved (66 concluded cases)
Mahalingam runs a median 10 months to outcome across 24 concluded mandates.
The benches those mandates sit in run at 13 months, weighted by how many of Mahalingam's cases each one holds —
so Mahalingam is closing 93 days faster than those benches.
Sector exposure
Textiles & Apparel17
Other Manufacturing5
Food & Agro3
Machinery & Equipment2
Construction & Infrastructure2
Trading & Distribution2
Chemicals & Plastics1
Steel & Metals1
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