Resolved — plan approved
2Acquirer 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 |
|---|---|---|---|---|---|
|
Alok Industries Limited
L17110DN1986PLC000334
→ acquired by JM Financial Asset Reconstruction Company Limited (as trustee to JMFARC - March 2018 - Trust, represented by JM Financial Asset Reconstruction Limited as the trustee) and Reliance Industries Limited ("RIL")
|
IRP · Jul 2017
IRP · Jul 2017
RP · Aug 2017
RP · Aug 2017
|
🔒 | 🔒 | 🔒 | 1y 7mo
to Mar 2019
|
|
Indian Steel Corporation Limited
U27100MH2004PLC144559
|
IRP · Oct 2021
RP · Nov 2021
|
🔒 | 🔒 | 🔒 | 1y 6mo
to Apr 2023
|
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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Activity & context · vs India's IP universe
Activity — mandate count2 mandates on record
Recovery vs liquidation value117.0%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor2 of 2
Typical time to outcome19 months
national median 16 months · median of 2 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 Professional6
Of these, 2 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
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (447 concluded cases)
Mumbai1 mandate
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Ajay runs a median 19 months to outcome across 2 concluded mandates.
The benches those mandates sit in run at 17 months, weighted by how many of his cases each one holds —
so he is taking 66 days longer 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
Textiles & Apparel1
Steel & Metals1
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