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Home / RP Tracker / Ashish Vyas

Ashish Vyas UNCLAIMED PROFILE

Insolvency Professional · Maharashtra · Active since 2019
IPA ICAI IIIPI Bench Mumbai · West Reg IBBI/IPA-001/IP-P-01520/2018-2019/12267 CPE 108 credits
Wholesale and Retail TradeConstructionReal EstateManufacturingOthers (Dairy Products, Metal, Mobile etc)
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Viewed in 90 days — what ARCs, banks & funds see when they search this name
Career composition · 22 CIRP mandates
2
10
3
7
Resolved 2 Liquidation 10 Under CIRP 3 Withdrawn / settled 7
Appointments by year
'19'20'21'22'23'24'25'26
Overview Resolved 2 Liquidation 10 Under CIRP 3 Withdrawn 7 Voluntary 1 Standing
Mandates
15cases
Top 10% by mandate count · last appointed Dec 2025
Claims Managed
Rs 1,363Cr
across 9 cases with figures
Realised for Creditors
Rs 127Cr
9.3% of admitted claims
Resolved
2cases
17% resolution rate
Recovery vs LV
148.9%
2 of 2 beat the floor
Typical CIRP Time
26 months
nationally 16 months
Largest Mandate
Rs 640 Cr
SRI ADHIKARI BROTHERS T…

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
SRI ADHIKARI BROTHERS TELEVISION NETWORK LIMITED
L32200MH1994PLC083853
→ acquired by Consortium of (i) SAB Events & Governance Now Media Ltd, (ii) Marvel Media Pvt. Ltd., (iii) Ravi Adhikari, (iv) Kailasnath Adhikari
Liquidator · Jan 2022
🔒 🔒 🔒 3y 11mo
to Dec 2023
VIJAY CITISPACE PRIVATE LIMITED
U45202MH2009PTC196272
→ acquired by Shree Krishna Structures Private Limited and J.P. Infra Realty Private Limited
IRP · Jul 2021
RP · Aug 2021
Rs 277 Cr Rs 58 Cr 120.5% 4y 9mo
to May 2026

Liquidation — order passed

10
Liquidation mandates10on this professional's record
Taken to dissolution010 still in process
Distributed vs liquidation value116.1%across 1 case with both figures · whole record 79.7%
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
MUDHAI DAIRY PRIVATE LIMITED
U01212PN2008PTC132796
IRP · Nov 2022
RP · Nov 2022
🔒 🔒 🔒 13 mo
to Dec 2023
MCPL PRIVATE LIMITED
U24246GA1994PTC001542
IRP · Apr 2019
RP · Jun 2019
🔒 🔒 🔒 1y 8mo
to Jan 2021
VIDHATA METAL PRIVATE LIMITED
U27310DL2008PTC175013
IRP · Feb 2024
RP · Mar 2024
2y 4mo
to Jul 2026
Transparent Energy System Private Limited
U29198PN1986PTC039582
IRP · Mar 2019
RP · Apr 2019
🔒 🔒 🔒 6y 7mo
to Oct 2025
JANTA GLASS LIMITED
U33201MH2006PLC159950
Liquidator · Feb 2021
🔒 🔒 🔒 17 mo
to Jan 2021
MAAN SAROVAR PROPERTIES DEVELOPMENT PRIVATE LIMITED
U45201TN1992PTC022124
RP · Jan 2023
Liquidator · Nov 2025
🔒 🔒 🔒 3y 4mo
to Nov 2025
Vag Buildtech Limited (Previously Known as Vag Buildtech Private Limited)
U45400MH2012PLC232077
IRP · Nov 2021
RP · Dec 2021
Liquidator · Dec 2025
🔒 🔒 🔒 4y
to Dec 2025
ORIENT TOURISM PVT LTD
U63040MH1997PTC106917
Liquidator · Aug 2021
🔒 🔒 🔒 1y 10mo
to Aug 2021
STARCONN MOBILITY PRIVATE LIMITED
U72200PN2013PTC146015
IRP · Sep 2019
🔒 🔒 🔒 11 mo
to Aug 2020
BLUE MUSHROOM INFOZONE PRIVATE LIMITED
U72300MH2011PTC221687
Liquidator · Jun 2024
🔒 🔒 🔒 11 mo
to Jun 2024
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

3
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
3past 330d
Longest-running live mandate: Kalra Overseas and Precision Engineering Limited at 1,443 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Kalra Overseas and Precision Engineering Limited
U28112PN1998PLC013147
Other Manufacturing
IRP · Jun 2019
IRP · Jun 2019
1,443d past 330d limit Under CIRP
PRIME CARGO MOVERS & LOGISTICS PRIVATE LIMITED
U74999MH2013PTC250094
Other Services
IRP · May 2024
872d past 330d limit Under CIRP
SHIRPUR GOLD REFINERY LIMITED
L51900MH1984PLC034501
Trading & Distribution
IRP · Jun 2024
RP · Aug 2024
820d past 330d limit Inviting EoI
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

7
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
NCC LIMITED
L72200TG1990PLC011146
Other Services
IRP · Oct 2019
6y 11mo
The Maharashtra Agro Industries Development Corporation Limited
U05000MH1965SGC013380
Food & Agro
IRP · Jul 2021
5y 2mo
MARS REMEDIES PRIVATE LIMITED
U24231GJ1999PTC036869
Other Manufacturing
IRP · Sep 2022
IRP · Sep 2022
4y
Glint Cosmetics Private Limited
U24246MH2004PTC143913
Other Manufacturing
IRP · Sep 2021
4y 11mo
VEES PROPERTIES LIMITED
U31909TN1974PLC006798
Machinery & Equipment
IRP · Sep 2025
IRP · Sep 2025
13 mo
NV AUTOSPARES PRIVATE LIMITED
U34300MH2005PTC241861
Machinery & Equipment
IRP · Aug 2025
RP · Sep 2025
13 mo
SAI AKSHAR GRAPHICS PRIVATE LIMITED
U72200MH2006PTC159998
IT, Telecom & Media
IRP · Dec 2022
RP · Jan 2023
3y 9mo

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.
Typical time to dissolution1y 8mo median across every VL on record — none of these mandates has reached dissolution yet
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
CRH INDIA MANAGEMENT SERVICES PRIVATE LIMITED
U74999MH2008FTC185825
Voluntary Liquidator · Apr 2024
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 →.
Report an error →
Activity & context · vs India's IP universe
Activity — mandate countTop 10% of 2,365 ranked
At Mumbai bench — by mandate countTop 10% of 438
Recovery vs liquidation value148.9%
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 12 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 Professional30
Liquidator6
Voluntary Liquidator1
Of these, 17 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
Mumbai17 mandates
Bench median 18 months to outcome · 34% resolved (1,247 concluded cases)
Chennai2 mandates
Bench median 13 months to outcome · 20% resolved (503 concluded cases)
Hyderabad1 mandate
Bench median 14 months to outcome · 37% resolved (345 concluded cases)
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (445 concluded cases)
Ashish runs a median 26 months to outcome across 12 concluded mandates. The benches those mandates sit in run at 17 months, weighted by how many of his cases each one holds — so he is taking 256 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
Other Services4
Other Manufacturing4
Machinery & Equipment4
Construction & Infrastructure3
Food & Agro2
Electronics & Electricals1
Trading & Distribution1
Steel & Metals1

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