Liquidation — order passed
2Liquidation mandates2on this professional's record
Taken to dissolution02 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Web Tech Packaging (India) Private Limited
U25202DL1998PTC092055
|
IRP · Sep 2019
RP · Oct 2019
Liquidator · Aug 2023
|
🔒 | 🔒 | 🔒 | 4y
to Aug 2023
|
|
KANIK ELECTRONICS PRIVATE LIMITED
U31900DL2012PTC231966
|
IRP · Oct 2019
|
🔒 | 🔒 | 🔒 | 12 mo
to Oct 2020
|
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
2Where 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: FARIDABAD STAMPINGS PRIVATE LIMITED at 1,587 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
FARIDABAD STAMPINGS PRIVATE LIMITED
U28112HR1992PTC138738
Other Manufacturing |
IRP · May 2022
|
1,587d past 330d limit | Under CIRP |
|
KARVY DIGIKONNECT LIMITED
U84200DL1992PLC219215
Other Services |
IRP · Mar 2026
Deemed RP · May 2026
|
182d in extension | 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.
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 dissolution13 mo
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 |
|---|---|---|---|---|---|
| B & C TEXTILES PRIVATE LIMITED U17299DL1996PTC081977
5 dated steps in the orderBENCH – VI, NEW DELHI
|
Voluntary Liquidator · Oct 2023 |
Rs 1 Cr | Rs 0 Cr | Rs 1 Cr | 18 mo to Apr 2025 |
| SHALAKS PHARMACEUTICALS PRIVATE LIMITED U74899DL1977PTC008799
7 dated steps in the orderNew Delhi Bench Court VI
|
Voluntary Liquidator · Feb 2025 |
Rs 3 Cr | Rs 2 Cr | Rs 0 Cr | 9 mo to Oct 2025 |
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 count4 mandates on record
Typical time to outcome30 months
national median 16 months · median of 2 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
Liquidator1
Voluntary Liquidator2
Of these, 4 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 · 36% resolved (780 concluded cases)
Ashu runs a median 30 months to outcome across 2 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 400 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 Manufacturing2
Machinery & Equipment1
Other Services1
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