Resolved — plan approved
3Acquirer 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 |
|---|---|---|---|---|---|
|
ARENA SUPERSTRUCTURES PVT LTD
U70100DL2012PTC237604
→ acquired by Purvanchal Projects Pvt. Ltd
|
RP · Jun 2021
|
🔒 | 🔒 | 🔒 | 2y 8mo
to Jul 2023
|
|
E COMMERCE MAGNUM SOLUTION LTD
U70100MH1999PLC122294
→ acquired by Hirani Ventures Private Limited
|
IRP · Jul 2024
|
🔒 | 🔒 | 🔒 | 1y 6mo
to Jan 2026
|
|
Unibera Developers Private Limited
U70102DL2012PTC229805
→ acquired by JOINT VENTURE OF MAHI BUILDHOME PVT. LTD. AND FIRST FORGE LIMITED
|
RP · Mar 2023
RP · Mar 2023
|
🔒 | 🔒 | 🔒 | 2y 8mo
to Sep 2025
|
Under CIRP — live
3Where 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: PIYUSH IT SOLUTIONS PRIVATE LIMITED at 2,156 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
PIYUSH IT SOLUTIONS PRIVATE LIMITED
U70102DL2011PTC221242
Real Estate & Housing |
RP · Aug 2021
|
2,156d past 330d limit | Under CIRP |
|
HACIENDA PROJECTS PRIVATE LIMITED
U70200DL2010PTC199426
Real Estate & Housing |
IRP · Nov 2022
RP · Dec 2022
|
1,412d past 330d limit | Under CIRP |
|
Raheja Developers Limited
U45400DL1990PLC042200
Construction & Infrastructure |
IRP · Jun 2026
IRP · Jun 2026
IRP · Jun 2026
IRP · Jun 2026
|
107d within 180d | 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.
Withdrawn / settled
1Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
G.P. Realtors Private Limited
U70100HR2006PTC047811
Real Estate & Housing |
IRP · Nov 2024
|
1y 9mo |
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 count6 mandates on record
Recovery vs liquidation value346.8%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor2 of 2
Typical time to outcome32 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
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 Delhi5 mandates
Bench median 17 months to outcome · 36% resolved (780 concluded cases)
Chandigarh1 mandate
Bench median 20 months to outcome · 37% resolved (210 concluded cases)
Mumbai1 mandate
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Ayyagari runs a median 32 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 444 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
Real Estate & Housing6
Construction & Infrastructure1
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