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Home / RP Tracker / Akshay Rajendra Shah

Akshay Rajendra Shah UNCLAIMED PROFILE

Insolvency Professional · Active since 2017
IPA ICAI IIIPI Bench Mumbai · West Reg IBBI/IPA-001/IP-P00067/2017-2018/10153
Other Manufacturing
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Career composition · 1 CIRP mandates
1
Resolved 1
Appointments by year
'17'18'19'20'21'22'23'24'25'26
Overview Resolved 1 Voluntary 1 Standing
Mandates
1cases
1 with financials · last appointed Dec 2018
Claims Managed
Rs 138Cr
across 1 case with figures
Realised for Creditors
Rs 28Cr
20.1% of admitted claims
Resolved
1cases
100% resolution rate
Recovery vs LV
166.2%
1 of 1 beat the floor
Typical CIRP Time
13 months
nationally 16 months
Largest Mandate
Rs 138 Cr
SAY INDIA JEWELLERS PRI…

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
SAY INDIA JEWELLERS PRIVATE LIMITED
U36910MH1995PTC088038
IRP · Oct 2017
🔒 🔒 🔒 13 mo
to Jan 2019

Voluntary liquidations

1
Solvent 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.
Median time to dissolution3y 6mo across 1 completed · every VL on record runs 1y 8mo
Dissolution orders read1 of 1 the tribunal's own order, field by field — expand a row for the dated sequence
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
NA
U24110MH2007PTC167287
5 dated steps in the order
MUMBAI BENCH-IV
  1. Members' resolution20 Dec 2018
  2. Public announcement25 Dec 2018
  3. Preliminary report25 Jan 2019
  4. Final report19 Apr 2022
  5. Dissolution order14 Jul 2022
Voluntary Liquidator · Dec 2018
Rs 2 Cr — Rs 1 Cr 3y 6mo
to Jul 2022
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 count1 mandates on record
Recovery vs liquidation value166.2%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor1 of 1
Typical time to outcome13 months
national median 16 months · median of 1 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 Professional1
Voluntary Liquidator1
Of these, 1 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
Mumbai1 mandate
Bench median 18 months to outcome · 34% resolved (1,244 concluded cases)
Akshay runs a median 13 months to outcome across 1 concluded mandate. The benches those mandates sit in run at 18 months, weighted by how many of his cases each one holds — so he is closing 160 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
Other Manufacturing1
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