Case details
CIN
U45201MH2006PTC166575
Incorporated
2006
Registered State
Maharashtra
NCLT Bench
Mumbai
Initiated by
Radius & Deserve Land Developers Private Limited
Defunct / BIFR
data unavailable
Commencement
05 May 2023
Outcome Date
21 Jul 2026
NCLT Mumbai: median 571 days admission → verdict · 38% of concluded matters ended in plan approval (n=967, full record) · all benches →
Recent movement
Case timeline
05 May 2023
CIRP commenced
Insolvency proceedings began · NCLT Mumbai
19 Sep 2023
EoI invited
RP: Mr. Avil Jerome Menezes
30 Oct 2023
EoI invited
RP: Mr. Avil Jerome Menezes
19 Feb 2025
EoI invited
RP: Ms. Prajakta Avil Menezes
19 Feb 2025
Rp replaced
RP changed: Mr. Avil Jerome Menezes -> Ms. Prajakta Avil Menezes (Form G round dated 19 Feb 2025)
3 years 2 months elapsed · admission → resolution
21 Jul 2026
Resolution plan approved
Company
Legal name
RADIUS & DESERVE LAND DEVELOPERS PRIVATE LIMITED
Type
Private · Company limited by shares
Listing
Unlisted
Incorporated
28 Dec 2006
Authorised capital
₹5 Cr
Paid-up capital
₹5 Cr
Industry (MCA)
Construction
ROC
ROC Mumbai
Company status
Under CIRP
Registered address
DESERVE,CST ROAD JUNCTION,OPP. UNIVERSITY OF MUMBAI PREMISES,KALINA,SANTACRUZ (EAST),Mumbai,Bandra Suburban,Maharashtra,400098-India
Source: MCA Company / LLP Master Data — registry snapshot; figures are as on the stated date, not live.
About this data: Case data is assembled from NCLT/NCLAT orders, IBBI public announcements, quarterly outcome records and the MCA registry. See how every number is sourced, checked and corrected →.
Report an error →
This case vs Construction & Infrastructure
Duration — 1,173d294d slower
sector avg 879d
Computed live across stressed.in's IBBI universe — every recorded Construction & Infrastructure outcome of this type.
Key parties
Resolution Professional
12 IBBI mandates · 110.5% of liquidation value realised across concluded work
IRP at commencement · replaced
Avil Jerome Menezes → · May 2023
◆ RP changed during CIRP — IRP was replaced
CIRP initiated by
Radius & Deserve Land Developers Private Limited
Resolution applicant
Not yet recorded — from NCLT resolution-plan order.
Get full access
Weekly intelligence digest, RP tracker, live case movement and sector analysis for ARCs, PE funds and resolution professionals.
Request access →