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Home / RP Tracker / Arpan Maheshkumar Shah

Arpan Maheshkumar Shah UNCLAIMED PROFILE

Insolvency Professional · Active since 2021
IPA ICAI IIIPI Bench Ahmedabad · West Reg IBBI/IPA-001/IP-P-01847/2019 -2020/12862 CPE 122 credits
Food & AgroConstruction & InfrastructureSteel & MetalsReal Estate & HousingMachinery & Equipment
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Career composition · 7 CIRP mandates
2
3
2
Resolved 2 Liquidation 3 Under CIRP 2
Appointments by year
'21'22'23'24'25'26
Overview Resolved 2 Liquidation 3 Under CIRP 2 Standing
Mandates
7cases
2 with financials · last appointed Sep 2024
Claims Managed
Rs 119Cr
across 2 cases with figures
Realised for Creditors
Rs 77Cr
64.7% of admitted claims
Resolved
2cases
40% resolution rate
Recovery vs LV
119.7%
2 of 2 beat the floor
Typical CIRP Time
25 months
nationally 16 months
Largest Mandate
Rs 81 Cr
ANURADHA REAL ESTATE DE…

Resolved — plan approved

2
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
SURANA META CAST (INDIA) PRIVATE LIMITED
U27100GJ2010PTC059553
→ acquired by Maruti Inox (India) Pvt Ltd
IRP · Aug 2024
RP · Sep 2024
🔒 🔒 🔒 14 mo
to Oct 2025
ANURADHA REAL ESTATE DEVELOPERS PRIVATE LIMITED
U45400MH2009PTC196597
→ acquired by Zaveri and Company Private Limited
IRP · Aug 2021
RP · Oct 2021
🔒 🔒 🔒 3y
to Sep 2024

Liquidation — order passed

3
1 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 value350.0%across 1 case with both figures · whole record 79.7%
Order to dissolution260 daysaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
OASIS MARINE PRIVATE LIMITED
U05003GJ2011PTC064243
IRP · Mar 2024
RP · May 2024
🔒 🔒 🔒 8 mo
to Dec 2024
TUDOR INDIA PRIVATE LIMITED
U31109GJ1986PTC038908
Liquidator · Sep 2023
🔒 🔒 🔒 —
to Sep 2023
OMSHRI DEVPROCON LIMITED
U45200GJ2005PLC046194
IRP · Aug 2022
RP · Sep 2022
🔒 🔒 🔒 2y 10mo
to Jul 2025
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

2
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
1271–330d
1past 330d
Longest-running live mandate: VIKAS PROPPANT & GRANITE LIMITED at 1,491 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
VIKAS PROPPANT & GRANITE LIMITED
L70100HR1994PLC036433
Real Estate & Housing
RP · Nov 2022
1,491d past 330d limit Inviting EoI
MANPASAND BEVERAGES LIMITED
L15549GJ2010PLC063283
Food & Agro
IRP · Mar 2021
IRP · Mar 2021
IRP · Mar 2021
IRP · Mar 2021
RP · Apr 2021
RP · Apr 2021
RP · Apr 2021
RP · Apr 2021
310d inside 330d 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.
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 count7 mandates on record
Recovery vs liquidation value119.7%
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 outcome25 months
national median 16 months · median of 4 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 Professional17
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
Ahmedabad5 mandates
Bench median 15 months to outcome · 32% resolved (447 concluded cases)
Chandigarh1 mandate
Bench median 20 months to outcome · 37% resolved (210 concluded cases)
Mumbai1 mandate
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Arpan runs a median 25 months to outcome across 4 concluded mandates. The benches those mandates sit in run at 16 months, weighted by how many of his cases each one holds — so he is taking 250 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
Food & Agro2
Construction & Infrastructure2
Real Estate & Housing1
Steel & Metals1
Machinery & Equipment1
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