Resolved — plan approved
3Acquirer 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 |
|---|---|---|---|---|---|
|
CIRCAR JUTE MILLS PRIVATE LIMITED
U17232AP1983PTC003966
→ acquired by Bindawala Banijya Limited
|
IRP · Apr 2022
|
🔒 | 🔒 | 🔒 | 2y 9mo
to Jan 2025
|
|
AMBEY CONSTRUCTECH PRIVATE LIMITED
U45200PB2011PTC035768
→ acquired by Shri Puneet Garg and Shri Harvinder Pal Singla, Directors of suspended Board of Directors
|
IRP · Feb 2018
|
🔒 | 🔒 | 🔒 | 12 mo
to Feb 2019
|
|
JNC Construction Private Limited
U74899DL1998PTC093071
→ acquired by M/s Gautam Builders in consortium with Rapid Contracts Pvt. Ltd.
|
IRP · May 2019
|
🔒 | 🔒 | 🔒 | 14 mo
to Aug 2020
|
Liquidation — order passed
31 of 3 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates3on this professional's record
Taken to dissolution12 still in process
Distributed vs liquidation value160.0%across 1 case with both figures · whole record 79.7%
Order to dissolution24 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Maruti Kesri Nandan Agrofoods Private Limited
U15132HR2012PTC044850
|
IRP · Feb 2020
RP · Mar 2020
|
🔒 | 🔒 | 🔒 | 2y 3mo
to May 2022
|
|
JIVANJYOT MOTORS PRIVATE LIMITED
U51109GJ2006PTC049471
|
IRP · Oct 2022
RP · Nov 2022
|
🔒 | 🔒 | 🔒 | 11 mo
to Sep 2023
|
|
NOVEX PRIVATE LIMITED
U74899DL1960PTC003190
|
RP · Feb 2019
|
🔒 | 🔒 | 🔒 | 9 mo
to Sep 2019
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.
Withdrawn / settled
1Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
SHRI BALAJI INFRADEVELOPERS PRIVATE LIMITED
U45300DL2008PTC183677
Construction & Infrastructure |
IRP · May 2019
|
7y 3mo |
Voluntary liquidations
1Solvent member-voluntary liquidations under s.59 — a separate mandate type from CIRP, and a different job: no creditors' committee, no resolution plan, a surplus to return.
Typical time to dissolution1y 8mo
median across every VL on record — none of these mandates has reached dissolution yet
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| FASTENTECH INDIA PRIVATE LIMITED U72900DL2022FTC394858
|
Voluntary Liquidator · Nov 2023 |
— | — | — | in process |
Figures shown where an outcome has been filed. The dated sequence inside a row is read from the tribunal's dissolution order itself, one field at a time, with the page it came from held against it. Regulation 37 (as amended with effect from 31 January 2024) sets 270 days from commencement where the creditors approved the resolution and 90 days where they were not required to — this page does not assign a per-case target, because whether creditors approved is recorded in these orders as prose and has not been classified. The comparison shown is the median of every voluntary liquidation on record: same statistic, same basis.
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 count6 mandates on record
Recovery vs liquidation value225.0%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor3 of 3
Typical time to outcome13 months
national median 16 months · median of 6 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 Professional9
Voluntary Liquidator1
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 — his mandates vs the forum's tempo
New Delhi3 mandates
Bench median 17 months to outcome · 35% resolved (777 concluded cases)
Chandigarh2 mandates
Bench median 20 months to outcome · 37% resolved (210 concluded cases)
Amaravati1 mandate
Bench median 15 months to outcome · 28% resolved (54 concluded cases)
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (445 concluded cases)
Ajay runs a median 13 months to outcome across 6 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 133 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
Construction & Infrastructure2
Other Services2
Food & Agro1
Textiles & Apparel1
Trading & Distribution1
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