G Madhusudhan Rao

Registered Valuer (IBBI)

GS AssociatesHyderabad10 years experience
CACSSEBI RA

About

I have involved total in 100 + CIRP Cases and handled 30 IBC cases including 3 PIRP cases in my own name. I have good IP experience in CIRP cases such as M/s. Anrak Aluminium Limited (Claims of around Rs.6000), GKC Projects Limited (Claims of more than Rs.2500 Crores), M/s.Bheema Cements Limited, M/s.Transstoy Tirupati Tiruthani Tollways Pvt Ltd, Saptarishi Hotels Pvt Ltd and other IBC cases over a period of 10 years and I have completed many CIRP cases by way of Resolutions / Sec 12A Applications approved by COC & Liquidation cases. Total recovery/resolved value was around Rs.2739.29 Crores including 10 Completed Sale transactions in liquidation received for Rs.241.58 Cr and Expecting Liquidation realisation in 2 more cases for more than Rs.185 Crores with 3-6 months period.

In Two Liquidation sales i.e Titan Energy Systems Limited and Bil Energy Systems Limited, able to realise more than 300% of the liquidation value and in another case i.e Servomax India Private Limited, the realisation is around 200% of Liquidation value and also in these three cases, the actual realisation is much higher than the fair values.

I have also providing various support services to the other Insolvency Professionals (IPs) for smooth completion of their CIRP and Liquidation assignments. Ex: Deccan Chronicle Holdings Limited (DCHL) IRP, Nizam Deccan Sugars Limited, Minerva Executive Apartments Limited, Turbo Machineries Limited, Konark Power Private Limited, and many more etc.,

Sectors covered

Reports by G