Resolved — plan approved
3Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
| Corporate Debtor | Role / Appointed | Admitted | Realised | Rec vs LV | Duration |
|---|---|---|---|---|---|
|
CREST STEEL AND POWER PRIVATE LIMITED
U27109CT2004PTC016643
→ acquired by Nithia Capital Resources Advisors LLP and Mr. Jai Saraf (consortium)
|
IRP · Mar 2019
|
🔒 | 🔒 | 🔒 | 2y 7mo
to Nov 2021
|
|
VIBRANT BUILDWELL PRIVATE LIMITED
U45201DL2004PTC130284
→ acquired by BISHWANATH TRADERS AND INVESTMENT LIMITED (BTIL)
|
IRP · Feb 2022
RP · Mar 2022
|
🔒 | 🔒 | 🔒 | 3y 8mo
to Nov 2025
|
|
BULLAND REALTORS PRIVATE LIMITED
U45400DL2013PTC259974
→ acquired by M/s Saviour Builders Pvt. Ltd.
|
IRP · Jul 2023
IRP · Jul 2023
RP · Sep 2023
RP · Sep 2023
|
— | — | — | 3y
to Aug 2026
|
Liquidation — order passed
52 of 5 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates5on this professional's record
Taken to dissolution23 still in process
Distributed vs liquidation value32.1%across 1 case with both figures · whole record 79.7%
Order to dissolution34 moaverage over 2 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Vishal Global Private Limited
U51909DL1985PLC022920
|
IRP · Sep 2018
RP · Nov 2018
Liquidator · Jul 2019
|
🔒 | 🔒 | 🔒 | 9 mo
to Jul 2019
|
|
Venessa Metals & Alloys Private Limited
U51909DL2015PTC278447
|
RP · Feb 2020
IRP · Feb 2020
Liquidator · Nov 2022
|
🔒 | 🔒 | 🔒 | 2y 8mo
to Nov 2022
|
|
V A M Resorts and Hotels Private Limited
U55101UP1998PTC024082
|
IRP · Oct 2019
RP · Dec 2019
Liquidator · Jul 2021
|
🔒 | 🔒 | 🔒 | 1y 8mo
to Jul 2021
|
|
RRC International Freight Service Limited
U63090MH2003PTC138507
|
IRP · Dec 2018
RP · Feb 2019
Liquidator · Dec 2019
|
🔒 | 🔒 | 🔒 | 10 mo
to Oct 2019
|
|
VTL (India) Private Limited
U99999DL1985PLC020062
|
IRP · Sep 2018
Liquidator · Aug 2019
RP · Aug 2019
|
🔒 | 🔒 | 🔒 | 10 mo
to Aug 2019
|
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
10Where 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: Micro Innovation Limited at 2,867 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
Micro Innovation Limited
U92312WB1986PTC040559
Other Services |
IRP · Nov 2018
RP · Dec 2018
|
2,867d past 330d limit | Under CIRP |
|
AIMS Sanya Develpoers Private Limited
U70101DL2010PTC202339
Real Estate & Housing |
IRP · Jan 2019
|
2,820d past 330d limit | Under CIRP |
|
PIYUSH COLONISERS LIMITED
U40105DL2004PLC127584
Power & Energy |
RP · May 2022
|
2,549d past 330d limit | Under CIRP |
|
GOLDEN PEACOCK RESIDENCE PRIVATE LIMITED
U70109DL2012PTC230637
Real Estate & Housing |
RP · Feb 2026
|
2,512d past 330d limit | Inviting EoI |
|
ASP SEALING PRODUCTS LIMITED
U46301DL1989PLC036079
Trading & Distribution |
IRP · Feb 2020
|
2,414d past 330d limit | Under CIRP |
|
PEBBLE GLOSSY METALS PRIVATE LIMITED
U51101DL2015PTC276366
Trading & Distribution |
IRP · Nov 2021
|
1,757d past 330d limit | Under CIRP |
|
VISHAL LAKTO INDIA LIMITED
U15204HR1994PLC032464
Food & Agro |
IRP · Oct 2022
RP · Nov 2022
|
1,422d past 330d limit | Under CIRP |
|
FERROUS INFRASTRUCTURE PRIVATE LIMITED
U45201DL2006PTC145748
Construction & Infrastructure |
RP · Sep 2023
|
1,328d past 330d limit | Inviting EoI |
|
FINE DINE VENTURES PRIVATE LIMITED
U55204PN2012PTC144245
Trading & Distribution |
IRP · Aug 2023
|
1,139d past 330d limit | Under CIRP |
|
RIDLEY LIFE SCIENCE PRIVATE LIMITED
U24232DL2004PTC129295
Other Manufacturing |
IRP · May 2026
|
118d 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 |
|---|---|---|
|
FORTIS HEALTHCARE HOLDINGS PRIVATE LIMITED
U65993DL2001PTC152641
Financial Services |
IRP · Dec 2022
RP · Jan 2023
|
3y 9mo |
Voluntary liquidations
2Solvent 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 3mo
across 2 completed · every VL on record runs 1y 8mo
Dissolution orders read2 of 2
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 |
|---|---|---|---|---|---|
| COWGILL HOLLOWAY SUPPORT INDIA PRIVATE LIMITED U73100DL2013PTC256875
7 dated steps in the orderCOURT NO. IV, NEW DELHI
|
Voluntary Liquidator · Mar 2019 |
Rs 0 Cr | — | Rs 0 Cr | 1y 10mo to Jan 2021 |
| Arrows Global Services India Private Limited U74999HR2015PTC054892
7 dated steps in the orderChandigarh Bench, Chandigarh
|
Voluntary Liquidator · Aug 2020 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 2y 9mo to May 2023 |
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 →.
Report an error →
Activity & context · vs India's IP universe
Activity — mandate countTop 5% of 2,365 ranked
At New Delhi bench — by mandate countTop 5% of 420
Recovery vs liquidation value114.3%
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 outcome26 months
national median 16 months · median of 8 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 Professional31
Liquidator5
Voluntary Liquidator2
Of these, 16 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
New Delhi12 mandates
Bench median 17 months to outcome · 36% resolved (780 concluded cases)
Mumbai3 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Chandigarh1 mandate
Bench median 20 months to outcome · 37% resolved (210 concluded cases)
Allahabad1 mandate
Bench median 21 months to outcome · 45% resolved (103 concluded cases)
Ashish runs a median 26 months to outcome across 8 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 251 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
Trading & Distribution6
Construction & Infrastructure3
Other Manufacturing2
Real Estate & Housing2
Other Services2
Food & Agro1
Power & Energy1
Logistics & Transport1
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