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Home / RP Tracker / Narender Reddy Banala

Narender Reddy Banala UNCLAIMED PROFILE

Insolvency Professional · Hyderabad, Telangana · Active since 2023
Bench Hyderabad · South·IBBI/IPA-003/ICAI-N-00376/2021-2022/13910·IPA ICMAI IPA
Sectors: Wholesale and Retail Trade
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Viewed 7× in 90 days — a public page, built from the IBBI record
Career composition · 5 companies, incl. 1 withdrawn and 2 voluntary
2
1
2
Liquidation 2 Withdrawn / settled 1 Voluntary liquidation 2
Companies by year of first appointment
1
3
1
'23'24'25'26
Mandates
2companies
1 with financials
CIRP time
16months
national median 16 mo
Liquidation
2companies
1 closed · 1 in process
Voluntary liq.
2companies
median 16 mo · all VLs 1y 8mo
Liquidation: ₹50 Cr admitted claims · ₹2 Cr distributed to creditors (3.5%) · 1 company with both figures
Last appointed Aug 2026.

Liquidation — order passed

2
1 of 2 closed — by dissolution, going-concern sale or compromise.
Liquidation mandates2on this professional's record
Closed11 still in process
Order to closure23 moaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Davani Silks Private Limited
IRP · May 2024
RP · Jul 2024
🔒 🔒 🔒 2y
to Jun 2026
A G S Management Services Private Limited
IRP · Nov 2023
🔒 🔒 🔒 7 mo
to Jun 2024
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.

Withdrawn / settled

1
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
KMC Constructions Limited
Construction & Infrastructure
IRP · Nov 2024
9d
to Nov 2024

Voluntary liquidations

2
Solvent 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 dissolution16 mo across 1 completed · every VL on record runs 1y 8mo
Dissolution orders read1 of 2 the tribunal's own order, field by field — expand a row for the dated sequence
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
N3 Enterprises Private Limited
Voluntary Liquidator · Aug 2026
🔒 🔒 🔒 in process
Sub-K Impact Finance Private Limited
6 dated steps in the order
HYDERABAD BENCH - 1
  1. Members' resolution29 Jul 2024
  2. Commencement31 Jul 2024
  3. Public announcement3 Aug 2024
  4. Claims deadline2 Sep 2024
  5. Preliminary report12 Sep 2024
  6. Dissolution order3 Dec 2025
Voluntary Liquidator · Jul 2024
🔒 🔒 🔒 16 mo
to Dec 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 — interim3
Resolution Professional1
Voluntary Liquidator2
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
Hyderabad2 mandates
Bench median 14 months to outcome · 37% resolved (341 concluded cases)
Kochi1 mandate
Bench median 13 months to outcome · 29% resolved (70 concluded cases)
Narender runs a median 16 months to outcome across 2 concluded mandates. The benches those mandates sit in run at 14 months, weighted by how many of Narender's cases each one holds — so Narender is taking 49 days longer than those benches.
Sector exposure
Construction & Infrastructure2
Trading & Distribution1
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