Resolved — plan approved
1Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
| Corporate Debtor | Role / Appointed | Admitted | Realised | Rec vs LV | Duration |
|---|---|---|---|---|---|
|
Paranjape Agro Products (India) Private Limited
U01403MH2010PTC207927
→ acquired by consortium of Agraj Food Processors, Abhishek Thatte, Praduymna Thatte & Puja Thatte
|
IRP · Jun 2022
RP · Aug 2022
|
🔒 | 🔒 | 🔒 | 1y 6mo
to Jan 2024
|
Liquidation — order passed
42 of 4 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates4on this professional's record
Taken to dissolution22 still in process
Distributed vs liquidation value93.4%across 1 case with both figures · whole record 79.7%
Order to dissolution21 moaverage over 2 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Shakti Refoils & Agro Foods Products Private Limited
U01111GJ2007PTC050938
|
RP · Jun 2020
Liquidator · Apr 2021
|
🔒 | 🔒 | 🔒 | 15 mo
to Apr 2021
|
|
RAHI SHIPPING (INDIA) PRIVATE LIMITED
U35100GA2010PTC006493
|
IRP · Sep 2021
RP · Nov 2021
Liquidator · Jun 2022
|
🔒 | 🔒 | 🔒 | 9 mo
to Jun 2022
|
|
Blue Cross Road Solutions Limited
U51101MH2013PLC241062
|
IRP · Feb 2023
RP · May 2023
Liquidator · Aug 2023
|
🔒 | 🔒 | 🔒 | 6 mo
to Aug 2023
|
|
PHANTOM RESOURCES PRIVATE LIMITED
U74110MH2015PTC263467
|
IRP · Jul 2022
RP · Sep 2022
Liquidator · Nov 2023
|
🔒 | 🔒 | 🔒 | 16 mo
to Nov 2023
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.
Under CIRP — live
1Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
Longest-running live mandate: BALIRAJA SAKHAR KARKHANA LIMITED. at 1,087 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
BALIRAJA SAKHAR KARKHANA LIMITED.
U67190MH2011PTC220385
Financial Services |
IRP · Oct 2023
|
1,087d past 330d limit | Under CIRP |
Admitted claims and recovery are determined only as each case concludes, so figures appear here once an outcome is reached. The day count runs from the insolvency commencement date (s.12 IBC). A case past 330 days is not a default by the professional: the Supreme Court struck the word “mandatorily” from that proviso in CoC of Essar Steel v Satish Kumar Gupta (2019), and time lost to the tribunal's own listing is counted in the figure. Read it as runway, not as a verdict.
Withdrawn / settled
3Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
LOKMANGAL AGRO INDUSTRIES LIMITED
U01122PN1998PLC012974
Food & Agro |
IRP · Nov 2022
|
3y 10mo |
|
SHRADDHA ENERGY AND INFRAPROJECTS PRIVATE LIMITED
U62100PN2004PTC020022
Logistics & Transport |
IRP · Mar 2023
|
3y 6mo |
|
Sakura Signs Private Limited
U74300MH1995PTC090953
Other Services |
IRP · Oct 2020
|
5y 11mo |
About this data: Figures come from the IBBI professional register, IBBI published data and public announcement records. Comparisons are medians across stressed.in's full IBBI universe. How every number is sourced, checked and corrected →.
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Claim profile →Activity & context · vs India's IP universe
Activity — mandate countTop 20% of 2,567 ranked
Recovery vs liquidation value91.0%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor0 of 1
Typical time to outcome15 months
national median 16 months · median of 5 concluded mandates
Computed across stressed.in's IBBI universe — 8,500+ CIRPs · 5,400+ registered professionals; updates as records load. Ranks count mandates only and are not a quality score — recovery and duration depend on each company's condition and case mix as much as the professional.
Role mix
Resolution Professional13
Liquidator4
Of these, 8 began as an IRP appointment — the interim role the tribunal fills on admission, before the committee of creditors confirms or replaces it.
Benches — his mandates vs the forum's tempo
Mumbai8 mandates
Bench median 18 months to outcome · 34% resolved (1,244 concluded cases)
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Ajay runs a median 15 months to outcome across 5 concluded mandates.
The benches those mandates sit in run at 18 months, weighted by how many of his cases each one holds —
so he is closing 95 days faster than the forums he files in.
Bench medians run across every concluded CIRP on record at that bench, not only this professional's. Duration turns on the company's condition and the tribunal's listing as much as on the professional — context, not a ranking.
Sector exposure
Food & Agro3
Logistics & Transport2
Other Services2
Trading & Distribution1
Financial Services1
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