Liquidation — order passed
1Liquidation mandates1on this professional's record
Taken to dissolution01 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
LML Limited
L34101UP1972PLC003612
|
Liquidator · Apr 2018
|
🔒 | 🔒 | 🔒 | 10 mo
to Mar 2018
|
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
1Where 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: SHIPRA HOTELS LIMITED at 3,040 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
SHIPRA HOTELS LIMITED
U55101UR1986PLC007811
Trading & Distribution |
IRP · Jun 2018
|
3,040d 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.
Voluntary liquidations
28Solvent 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 dissolution2y 10mo
across 14 completed · every VL on record runs 1y 8mo
Dissolution orders read15 of 28
the tribunal's own order, field by field — expand a row for the dated sequence
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| RIO TINTO EXPLORATION AND MINING (INDIA) PRIVATE LIMITED U14200HR2012PTC047370
7 dated steps in the orderCHANDIGARH BENCH, CHANDIGARH
Delay recorded in the order“inadvertently; the liquidation process of corporate person could not be completed within one year however, in pursuance of Regulation 37, the meeting of contributories of the Company has been called on 10.10.2019” |
Voluntary Liquidator · Sep 2018 |
Rs 2 Cr | Rs 0 Cr | Rs 1 Cr | 3y 9mo to Jun 2022 |
| Lloyd Rockfibres Limited U20293DL1989PLC218564
5 dated steps in the orderNEW DELHI, COURT-IV
Delay recorded in the order“1. Substantial effort to identify shareholders who had not submitted claims. 2. Management experienced delays in providing certain approvals. 3. Closure of erstwhile bank account exceeded anticipated timeframe. 4. Public shareholders did not file claims despite multiple announcements.” |
Voluntary Liquidator · Sep 2023 |
Rs 1 Cr | Rs 1 Cr | Rs 0 Cr | 2y 6mo to Apr 2026 |
| TRI-STAR CREATIVE PRODUCTS PRIVATE LIMITED U24111DL1999PTC102723
7 dated steps in the orderNEW DELHI, COURT - III
|
Voluntary Liquidator · Mar 2024 |
Rs 1 Cr | Rs 0 Cr | Rs 1 Cr | 1y 7mo to Nov 2025 |
| SEKISUI CHEMICAL INDIA PRIVATE LIMITED U24233DL2007FTC163675
5 dated steps in the orderNEW DELHI BENCH-VI
|
Voluntary Liquidator · Mar 2022 |
Rs 2 Cr | Rs 0 Cr | Rs 2 Cr | 2y 4mo to Aug 2024 |
| BASRUR UNISEAL PRIVATE LIMITED U25209KA2001PTC029264
8 dated steps in the orderBengaluru Bench
|
Voluntary Liquidator · May 2024 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 17 mo to Oct 2025 |
| FAIRFILD RESISTORS PRIVATE LIMITED U26101HP2023FTC010361
|
Voluntary Liquidator · Apr 2025 |
— | — | — | in process |
| Lamons Gasket and Bolt India Private Limited U28113HR2011FTC043532
|
Voluntary Liquidator · Mar 2021 |
— | — | — | in process |
| SURYAVAYU SOLUTIONS ONE PRIVATE LIMITED U35101DL2024FTC439470
|
Voluntary Liquidator · Dec 2025 |
— | — | — | in process |
| SURYAVAYU SOLUTIONS TWO PRIVATE LIMITED U35101DL2025FTC444511
|
Voluntary Liquidator · Dec 2025 |
— | — | — | in process |
| SCATEC INDIA RENEWABLES TWO PRIVATE LIMITED U35106DL2023FTC420632
|
Voluntary Liquidator · Dec 2025 |
— | — | — | in process |
| GUTHY-RENKER MARKETING PRIVATE LIMITED U52100DL2007PTC189607
7 dated steps in the orderNEW DELHI, COURT-III
Delay recorded in the order“liquidation proceedings exceeded the timeline contemplated in the Preliminary Report” |
Voluntary Liquidator · Dec 2017 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 5y 4mo to Apr 2023 |
| SEAARLAND MANAGEMENT SERVICES (INDIA) PRIVATE LIMITED U61100MH2001PTC132125
5 dated steps in the orderMUMBAI BENCH-I
|
Voluntary Liquidator · Sep 2018 |
Rs 15 Cr | Rs 0 Cr | Rs 14 Cr | 5y 2mo to Dec 2023 |
| FORD SMART MOBILITY INDIA PRIVATE LIMITED U63000TN2017PTC119581
|
Voluntary Liquidator · Mar 2025 |
— | — | — | in process |
| FORD CREDIT INDIA PRIVATE LIMITED U65900TN2014FTC095830
|
Voluntary Liquidator · Sep 2024 |
— | — | — | in process |
| GAMMANET SOLUTIONS PRIVATE LIMITED U72900DL2019FTC344107
7 dated steps in the orderNEW DELHI, COURT-III
Delay recorded in the order“a) Delays in opening the Liquidation bank account with JP Morgan Bank. b) Delay in closure of erstwhile bank account of the Company maintained with HDFC Bank. c) Delay in verification of documents and Certain technical & other delays in remittance of funds by the AD bank.” |
Voluntary Liquidator · Dec 2022 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 2y 2mo to Feb 2025 |
| CONCORD GLOBAL TECH SERVICES PRIVATE LIMITED U72900HR2021FTC104878
|
Voluntary Liquidator · Feb 2024 |
— | — | — | in process |
| SIKICH INDIA TECHNOLOGIES PRIVATE LIMITED U72900PN2015PTC176297
7 dated steps in the orderMUMBAI BENCH, COURT-I
|
Voluntary Liquidator · Nov 2020 |
Rs 1 Cr | Rs 0 Cr | Rs 0 Cr | 3y 1mo to Jan 2024 |
| MBAF SERVICES PRIVATE LIMITED U74120GJ2005FTC046884
|
Voluntary Liquidator · Mar 2023 |
— | — | — | in process |
| TRANSMISSIONS INTERNATIONAL INDIA PRIVATE LIMITED U74140GJ2012FTC069209
|
Voluntary Liquidator · Mar 2025 |
— | — | — | in process |
| WIN BLUEWATER SERVICES PRIVATE LIMITED U74900DL2009PTC194765
5 dated steps in the orderNew Delhi, Court-III
Delay recorded in the order“The liquidation proceedings exceeded the timeline contemplated in the Preliminary Report” |
Voluntary Liquidator · Jun 2018 |
Rs 1 Cr | — | Rs 0 Cr | 2y 7mo to Feb 2021 |
| CROSSCOOP INDIA PRIVATE LIMITED U74900HR2012FTC047358
|
Voluntary Liquidator · Mar 2023 |
— | — | — | in process |
| MIRCHI ARTS PRIVATE LIMITED U74999DL2005PTC141741
6 dated steps in the orderNEW DELHI BENCH COURT - IV
Delay recorded in the order“Time taken by statutory authorities in processing refunds and releasing liens (GST cancellation, DVAT fixed deposit release, and Income Tax refunds).” |
Voluntary Liquidator · Dec 2021 |
Rs 1 Cr | Rs 0 Cr | Rs 1 Cr | 4y to Dec 2025 |
| BFA INDIA PRIVATE LIMITED U74999DL2018FTC335876
|
Voluntary Liquidator · Mar 2023 |
— | — | — | in process |
| PAYSEND INDIA PRIVATE LIMITED U74999DL2022FTC402274
|
Voluntary Liquidator · Aug 2024 |
— | — | — | in process |
| NGM CONSULTING SOLUTIONS PRIVATE LIMITED U74999HR2011PTC043072
6 dated steps in the orderCHANDIGARH BENCH, CHANDIGARH
|
Voluntary Liquidator · May 2019 |
Rs 0 Cr | Rs 0 Cr | — | 3y 1mo to Jun 2022 |
| SOFYX SYSTEMS PRIVATE LIMITED U74999HR2018PTC072505
|
Voluntary Liquidator · Oct 2024 |
— | — | — | in process |
| BKTB INFOSOLUTIONS PRIVATE LIMITED U93000MH2010PTC199125
6 dated steps in the orderMUMBAI BENCH-IV
|
Voluntary Liquidator · Jun 2019 |
Rs 3 Cr | Rs 0 Cr | Rs 2 Cr | 4y 11mo to Jun 2024 |
| BIGZETTA SYSTEMS PRIVATE LIMITED U93090DL2018PTC329765
6 dated steps in the orderNEW DELHI BENCH COURT - IV
|
Voluntary Liquidator · Nov 2022 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 1y 8mo to Jul 2024 |
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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Claim profile →Activity & context · vs India's IP universe
Activity — mandate countTop 10% of 2,567 ranked
At Allahabad bench — by mandate countTop 5% of 53
Typical time to outcome10 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
Liquidator1
Voluntary Liquidator28
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
Allahabad2 mandates
Bench median 20 months to outcome · 44% resolved (101 concluded cases)
Arun runs a median 10 months to outcome across 1 concluded mandate.
The benches those mandates sit in run at 20 months, weighted by how many of his cases each one holds —
so he is closing 327 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
Machinery & Equipment1
Trading & Distribution1
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