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Home / RP Tracker / Sundaresh Bhat

Sundaresh Bhat UNCLAIMED PROFILE

Insolvency Professional · Mumbai, Maharashtra · Active since 2017
Bench Mumbai · West·IBBI/IPA-001/IP-P00077/2017-2018/10162·IPA ICAI IIIPI·CPE 89 credits
Sectors: Logistics & Transport · Machinery & Equipment · Trading & Distribution · Construction & Infrastructure · Other Services · Chemicals & Plastics
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Viewed 12× in 90 days — a public page, built from the IBBI record
Career composition · 7 companies, incl. 1 withdrawn
1
5
1
Resolved 1 Liquidation 5 Withdrawn / settled 1
Companies by year of first appointment
3
2
1
1
'17'18'19'20'21'22'23'24'25'26
Mandates
6companies
6 with financials
Resolved
1case
17% of 6 CIRPs led
Recovery vs LV
126.8%
1 of 1 beat LV
CIRP time
17months
national median 16 mo
Liquidation
5companies
1 closed · 4 in process
Resolved: ₹5,628 Cr admitted claims · ₹2,050 Cr realisable under the approved plans (36.4%) · 1 company with both figures
Liquidation: ₹9,706 Cr admitted claims · ₹643 Cr distributed to creditors (6.6%) · 1 company with both figures
Last appointed Mar 2022.

1 more company on this profile open with a plan. See plans →

Resolved — plan approved

1
Acquirer shown where the approved plan names one. Figures shown for outcomes in the last 90 days — the full financial record is member data.
Corporate DebtorRole / AppointedAdmittedRealisable (plan)Rec vs LVDuration
JBF Petrochemicals Limited
→ acquired by GAIL (India) Limited
IRP · Jan 2022
RP · Mar 2022
🔒 🔒 🔒 13 mo
to Mar 2023

Liquidation — order passed

5
1 of 5 closed — by dissolution, going-concern sale or compromise.
Liquidation mandates5on this professional's record
Closed14 still in process
Distributed vs liquidation value114.0%across 2 cases with both figures · whole record 81.1%
Order to closure51 moaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
BSR Diagnostic Limited
IRP · Sep 2017
RP · Nov 2017
🔒 🔒 🔒 4y 5mo
to Mar 2022
EMCO Limited
RP · Oct 2019
Liquidator · Aug 2021
🔒 🔒 🔒 2y
to Aug 2021
Lotus Shopping Centres Private Limited
IRP · Aug 2018
🔒 🔒 🔒 10 mo
to Jun 2019
Sterling Biotech Limited
IRP · Jun 2018
RP · Jul 2018
🔒 🔒 🔒 11 mo
to May 2019
ABG Shipyard Limited
IRP · Aug 2017
RP · Sep 2017
Liquidator · Apr 2019
🔒 🔒 🔒 1y 8mo
to Apr 2019
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.
Source: IBBI register and published data. How we source and correct →
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Role mix
IRP — interim6
Resolution Professional5
Liquidator2
Of these, 6 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
Mumbai3 mandates
Bench median 18 months to outcome · 34% resolved (1,268 concluded cases)
Ahmedabad2 mandates
Bench median 15 months to outcome · 32% resolved (451 concluded cases)
Bengaluru1 mandate
Bench median 12 months to outcome · 26% resolved (179 concluded cases)
Sundaresh runs a median 17 months to outcome across 6 concluded mandates. The benches those mandates sit in run at 16 months, weighted by how many of Sundaresh's cases each one holds — so Sundaresh is moving at the pace of those benches, within a month either way.
Sector exposure
Machinery & Equipment2
Construction & Infrastructure2
Trading & Distribution1
Chemicals & Plastics1
Other Services1
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