Liquidation — order passed
3Liquidation mandates3on this professional's record
Taken to dissolution03 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Heatshrik Technologies Limited (REPL Engineering Limited)
L25200MH1979PLC021394
|
IRP · Jan 2020
RP · Mar 2020
Liquidator · Nov 2020
|
🔒 | 🔒 | 🔒 | 10 mo
to Nov 2020
|
|
ESSENZAA LIFESCIENCE LIMITED
U36109MH2012PLC226651
|
Liquidator · Jan 2025
|
🔒 | 🔒 | 🔒 | 14 mo
to Jan 2025
|
|
Royal Refinery Private Limited
U74120MH2012PTC228597
|
Liquidator · Apr 2021
|
🔒 | 🔒 | 🔒 | 17 mo
to Apr 2021
|
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
5Where 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: MT EDUCARE LIMITED at 1,377 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
MT EDUCARE LIMITED
L80903MH2006PLC163888
Other Services |
RP · Jan 2024
|
1,377d past 330d limit | Inviting EoI |
|
KD Lite Developers Private Limted
U70101MH2012PTC234084
Real Estate & Housing |
IRP · Feb 2023
|
1,323d past 330d limit | Under CIRP |
|
Pharmaceutical Products of India Limited
L24300MH1986PLC039832
Chemicals & Plastics |
IRP · Sep 2024
RP · Oct 2024
|
751d past 330d limit | Inviting EoI |
|
KAVED STEEL PRODUCTS PRIVATE LIMITED
U74900PN2011PTC140279
Other Services |
IRP · Aug 2025
|
394d past 330d limit | Newly admitted |
|
PRATHAM-HEERA SALES PRIVATE LIMITED
U52100MH2012PTC230417
Trading & Distribution |
IRP · Jun 2026
|
99d within 180d | Newly admitted |
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Withdrawn / settled
1Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
Joshi Deodhar Engineering Company Limited
U99999PN1987PLC042613
Other Services |
RP · Feb 2020
|
6y 11mo |
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 |
|---|---|---|---|---|---|
| BUNGE INDIA TRADING PRIVATE LIMITED U51101MH2015FTC269884
|
Voluntary Liquidator · Dec 2019 |
— | — | — | 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 countTop 20% of 2,308 ranked
Typical time to outcome14 months
national median 16 months · median of 3 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
Liquidator3
Voluntary Liquidator1
Of these, 5 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
Mumbai9 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Arihant runs a median 14 months to outcome across 3 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 119 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 Services4
Other Manufacturing2
Chemicals & Plastics1
Trading & Distribution1
Real Estate & Housing1
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