Resolved — plan approved
2Acquirer 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 |
|---|---|---|---|---|---|
|
Dhanurdhar Processors Private Limited
U17219GJ2006PTC049463
→ acquired by Mr. Virendra Agarwal and others
|
RP · Sep 2020
|
🔒 | 🔒 | 🔒 | 2y 2mo
to Aug 2022
|
|
Sovika Aviation Services Private Limited
U74910MH2007PTC175582
→ acquired by PRYM Solutions Private Limited
|
RP · Feb 2024
RP · Feb 2024
|
— | — | — | 2y 10mo
to Jul 2026
|
Liquidation — order passed
11 of 1 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates1on this professional's record
Taken to dissolution10 still in process
Distributed vs liquidation value101.7%across 1 case with both figures · whole record 79.7%
Order to dissolution16 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Spark Green Energy (Satara) Limited
U40100PN2005PLC139696
|
Liquidator · Jul 2023
|
🔒 | 🔒 | 🔒 | 3y 7mo
to Jul 2023
|
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: Vas Infrastructure Limited at 925 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
Vas Infrastructure Limited
L65100MH1994PLC076538
Financial Services |
IRP · Mar 2024
RP · Apr 2024
|
925d past 330d limit | Under CIRP |
|
MEETI DEVELOPERS PRIVATE LIMITED
U45200MH2006PTC161119
Construction & Infrastructure |
IRP · Apr 2024
IRP · Apr 2024
RP · May 2024
RP · May 2024
|
900d past 330d limit | Inviting EoI |
|
Manav Greys Exim Private Limited
U51311MH1986PTC038839
Trading & Distribution |
IRP · May 2024
RP · Jun 2024
|
858d past 330d limit | Inviting EoI |
|
ARYAN CASTINGS PRIVATE LIMITED
U27310MH2011PTC217012
Steel & Metals |
RP · Sep 2025
|
613d 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.
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 20% of 2,365 ranked
Recovery vs liquidation value85.1%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor0 of 1
Typical time to outcome34 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 Professional12
Liquidator1
Of these, 3 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
Mumbai6 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Ashok runs a median 34 months to outcome across 3 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 501 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
Financial Services1
Textiles & Apparel1
Steel & Metals1
Power & Energy1
Construction & Infrastructure1
Trading & Distribution1
Other Services1
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