Resolved — plan approved
4Acquirer 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 |
|---|---|---|---|---|---|
|
Fedders Electric and Engineering Limited
L29299UP1957PLC021118
→ acquired by IM+ Capitals Limited
|
IRP · Aug 2019
RP · Sep 2019
|
🔒 | 🔒 | 🔒 | 2y 1mo
to Oct 2021
|
|
Mittal Corp Limited
U27106MH1985PLC169768
→ acquired by Shyam Sel and Power Limited
|
IRP · Nov 2021
RP · Dec 2021
|
🔒 | 🔒 | 🔒 | 1y 11mo
to Oct 2023
|
|
Vardhman Industries Limited
U74899MH1984PLC377011
→ acquired by JSW STEEL LTD
|
RP · Jan 2018
|
🔒 | 🔒 | 🔒 | 13 mo
to Dec 2018
|
|
Carnival Films Private Limited
U92100MP2012PTC027484
→ acquired by Cine Corp Filmdom Private Limited
|
RP · May 2024
RP · May 2024
|
🔒 | 🔒 | 🔒 | 17 mo
to Aug 2025
|
Liquidation — order passed
43 of 4 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates4on this professional's record
Taken to dissolution31 still in process
Distributed vs liquidation value72.0%across 2 cases with both figures · whole record 79.7%
Order to dissolution28 moaverage over 3 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
SRS Limited
L74999HR2000PLC040183
|
IRP · Aug 2018
RP · Sep 2018
Liquidator · Oct 2019
|
🔒 | 🔒 | 🔒 | 14 mo
to Oct 2019
|
|
Ghotaringa Minerals Limited
U10102OR2003PLC007348
|
IRP · Feb 2018
RP · Mar 2018
|
🔒 | 🔒 | 🔒 | 6 mo
to Aug 2018
|
|
Visa International Limited
U51109WB1998PLC086454
|
IRP · Aug 2019
RP · Sep 2019
Liquidator · May 2021
|
🔒 | 🔒 | 🔒 | 1y 9mo
to May 2021
|
|
Lotus Auto Engineering Limited
U74120DL2010PLC210772
|
IRP · Aug 2018
RP · Sep 2018
Liquidator · Jun 2020
|
🔒 | 🔒 | 🔒 | —
to Jan 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
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: CInema Ventures Private Limited at 1,170 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
CInema Ventures Private Limited
U74120MH2012PTC232410
Other Services |
RP · Oct 2023
RP · Oct 2023
|
1,170d past 330d limit | Inviting EoI |
|
Stargaze entertainment Private Limited
U74994DL2008PTC173043
Other Services |
IRP · May 2024
RP · Jul 2024
|
866d past 330d limit | Under CIRP |
|
GOODLUCK CARBON PRIVATE LIMITED
U11100DL1993PTC056708
Mining |
IRP · Oct 2024
RP · Sep 2025
|
708d past 330d limit | Inviting EoI |
|
CARNIVAL FILMS ENTERTAINMENT PRIVATE LIMITED
U92100MH2007PTC172998
Hospitality & Leisure |
IRP · Nov 2025
|
303d inside 330d | 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.
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 →
Is this your profile?
This page already exists — buyers already see it. Claiming puts you in control: your photo, your story, your numbers in context, enquiries routed to you.
Claim profile →Activity & context · vs India's IP universe
Activity — mandate countTop 10% of 2,567 ranked
At New Delhi bench — by mandate countTop 10% of 432
Recovery vs liquidation value172.3%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor2 of 3
Typical time to outcome17 months
national median 16 months · median of 7 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 Professional22
Liquidator3
Of these, 9 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 Delhi4 mandates
Bench median 17 months to outcome · 35% resolved (776 concluded cases)
Mumbai3 mandates
Bench median 18 months to outcome · 34% resolved (1,245 concluded cases)
Kolkata2 mandates
Bench median 14 months to outcome · 33% resolved (528 concluded cases)
Allahabad1 mandate
Bench median 21 months to outcome · 44% resolved (101 concluded cases)
Ashok runs a median 17 months to outcome across 7 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 moving at the pace of his own forums, within a month either way.
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 Services5
Mining2
Hospitality & Leisure2
Machinery & Equipment1
Steel & Metals1
Trading & Distribution1
Trying to reach Ashok?
This profile is unclaimed, so direct contact isn't listed. Leave your details and we'll route the introduction.