Liquidation — order passed
3Liquidation mandates3on this professional's record
Taken to dissolution03 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
VINDHYAVASINI ISPAT INDUSTRIES PRIVATE LIMITED
U27310MH2010PTC209729
|
IRP · Mar 2024
RP · Apr 2024
Liquidator · Jan 2025
|
🔒 | 🔒 | 🔒 | 11 mo
to Jan 2025
|
|
SND LIMITED
U40300MH2011PLC215684
|
IRP · Sep 2022
RP · Nov 2022
|
🔒 | 🔒 | 🔒 | 14 mo
to Dec 2023
|
|
ASIS GLOBAL LIMITED
U51900MH1995PLC090410
|
IRP · Feb 2020
RP · Mar 2020
Liquidator · Mar 2021
|
🔒 | 🔒 | 🔒 | 16 mo
to Mar 2021
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.
Withdrawn / settled
1Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
MANEESH PHARMACEUTICALS LIMITED
U24230MH1985PLC036952
Pharmaceuticals |
IRP · Oct 2024
RP · May 2025
|
1y 11mo |
Voluntary liquidations
5Solvent 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 dissolution4y 5mo
across 3 completed · every VL on record runs 1y 8mo
Dissolution orders read1 of 5
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 |
|---|---|---|---|---|---|
| ERCA SPECIALTY CHEMICALS PVT. LTD. U24119MH2008FTC184571
|
Voluntary Liquidator · Dec 2018 |
Rs 0 Cr | — | Rs 0 Cr | 2y 3mo to Mar 2021 |
| SUMANGAL INDUSTRIAL EQUIPMENT PVT.LTD. U28920MH1986PTC038702
6 dated steps in the orderMUMBAI BENCH-I
|
Voluntary Liquidator · Jan 2019 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 4y 9mo to Oct 2023 |
| URMITEJ FINANCE PRIVATE LIMITED U65999MH2021PTC356646
|
Voluntary Liquidator · May 2025 |
— | — | — | in process |
| AGM MERCANTILE PRIVATE LIMITED U74120MH2012PTC234149
|
Voluntary Liquidator · Mar 2019 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 4y 5mo to Sep 2023 |
| BQ PADMAVATHY FINANCE ACADEMY PRIVATE LIMITED U74999MH2013PTC241792
|
Voluntary Liquidator · Sep 2020 |
— | — | — | 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 count3 mandates on record
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 Professional8
Liquidator2
Voluntary Liquidator5
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
Mumbai4 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Asish runs a median 14 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 closing 120 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
Pharmaceuticals1
Other Manufacturing1
Power & Energy1
Trading & Distribution1
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