Liquidation — order passed
32 of 3 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates3on this professional's record
Taken to dissolution21 still in process
Distributed vs liquidation value79.5%across 2 cases with both figures · whole record 79.7%
Order to dissolution29 moaverage over 2 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
ADYAMA RICE MILL PRIVATE LIMITED
U15312WB1985PTC039827
|
Liquidator · Feb 2020
|
🔒 | 🔒 | 🔒 | 6 mo
to Feb 2020
|
|
INDIAN GEM & JEWELLERY IMPERIAL PRIVATE LIMITED
U27205WB2006PTC111892
|
IRP · Nov 2019
|
🔒 | 🔒 | 🔒 | 14 mo
to Jan 2021
|
|
P K S Limited
U63090WB1982PLC035099
|
Liquidator · Jun 2022
|
🔒 | 🔒 | 🔒 | 2y 10mo
to Jun 2022
|
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
4Where 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: SHREE SAI STEEL INDUSTRIES INDIA PRIVATE LIMITED at 2,553 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
SHREE SAI STEEL INDUSTRIES INDIA PRIVATE LIMITED
U27100MH2006PTC160648
Other Manufacturing |
RP · Feb 2020
|
2,553d past 330d limit | Under CIRP |
|
PROGRESSIVE ENDEAVOURS PRIVATE LIMITED
U45201WB2001PTC093709
Construction & Infrastructure |
IRP · Feb 2020
|
2,409d past 330d limit | Under CIRP |
|
JLS Realty Private Limited
U45400MH2008PTC179591
Construction & Infrastructure |
IRP · May 2025
|
480d past 330d limit | Under CIRP |
|
DIVINE SUPER SPECIALITY HOSPITAL PRIVATE LIMITED
U85100JH2021PTC016823
Other Services |
IRP · Apr 2026
|
154d 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Withdrawn / settled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 |
|---|---|---|
|
RAJAT ISPAT PRIVATE LIMITED
U27109WB1996PTC077307
Other Manufacturing |
IRP · Feb 2019
|
7y 6mo |
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 |
|---|---|---|---|---|---|
| ABU GHAZALEH EDUCATION AND CONSULTANTS PRIVATE LIMITED U74999MH2015PTC263431
|
Voluntary Liquidator · Aug 2025 |
— | — | — | 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 2,365 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 Professional6
Liquidator2
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
Kolkata6 mandates
Bench median 14 months to outcome · 33% resolved (530 concluded cases)
Mumbai2 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Ashok runs a median 14 months to outcome across 3 concluded mandates.
The benches those mandates sit in run at 15 months, weighted by how many of his cases each one holds —
so he is closing 32 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 Manufacturing2
Construction & Infrastructure2
Food & Agro1
Steel & Metals1
Logistics & Transport1
Other Services1
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