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Home / RP Tracker / Ajay Mutha

Ajay Mutha UNCLAIMED PROFILE

Insolvency Professional · Maharashtra · Active since 2022
IPA ICAI IIIPI Bench Mumbai · West Reg IBBI/IPA-001/IP-P-02152/2020-2021/13279 CPE 183 credits
ConstructionReal EstateManufacturingOthers ((Media And Entertainment, Mining, Health Care))
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Career composition · 5 CIRP mandates
1
1
3
Resolved 1 Liquidation 1 Under CIRP 3
Appointments by year
'22'23'24'25'26
Overview Resolved 1 Liquidation 1 Under CIRP 3 Standing
Mandates
5cases
2 with financials · last appointed May 2025
Claims Managed
Rs 17Cr
across 2 cases with figures
Realised for Creditors
Rs 3Cr
17.4% of admitted claims
Resolved
1cases
50% resolution rate
Recovery vs LV
86.2%
0 of 1 beat the floor
Typical CIRP Time
61 months
nationally 16 months
Largest Mandate
Rs 11 Cr
TULIPS AMBBIENCE PRIVAT…

Resolved — plan approved

1
Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
Corporate DebtorRole / AppointedAdmittedRealisedRec vs LVDuration
TULIPS AMBBIENCE PRIVATE LIMITED
U51311PN2001PTC016441
→ acquired by Malpani Financial Services Private Limited
RP · Sep 2022
🔒 🔒 🔒 4y
to Oct 2025

Liquidation — order passed

1
Liquidation mandates1on this professional's record
Taken to dissolution01 still in process
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Konkan Minerals Private Limited
U27101GA2004PTC003640
Liquidator · Oct 2023
🔒 🔒 🔒 6y 1mo
to Oct 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

3
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
3past 330d
Longest-running live mandate: SHAH GROUP BUILDERS & INFRAPROJECTS LIMITED at 1,190 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
SHAH GROUP BUILDERS & INFRAPROJECTS LIMITED
U45202MH2007PLC177072
Construction & Infrastructure
IRP · Jun 2023
IRP · Jun 2023
1,190d past 330d limit Under CIRP
CINEMA VENTURES PRIVATE LIMITED
U74120MH2012PTC232410
Other Services
IRP · Jul 2023
IRP · Jul 2023
1,166d past 330d limit Inviting EoI
Surabhi Hospitals Private Limited
U85300PN2017PTC171888
Other Services
IRP · Apr 2025
RP · May 2025
532d 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.
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 →.
Report an error →
Activity & context · vs India's IP universe
Activity — mandate count5 mandates on record
Recovery vs liquidation value86.2%
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 outcome61 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 Professional7
Liquidator1
Of these, 3 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
Mumbai5 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Ajay runs a median 61 months to outcome across 2 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 taking 1303 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
Other Services2
Other Manufacturing1
Construction & Infrastructure1
Trading & Distribution1

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