Liquidation — order passed
21 of 2 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates2on this professional's record
Taken to dissolution11 still in process
Distributed vs liquidation value72.1%across 1 case with both figures · whole record 79.7%
Order to dissolution27 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Advance Power Infra Limited
L65999WB1994PLC065726
|
IRP · Sep 2018
RP · Oct 2018
|
🔒 | 🔒 | 🔒 | 7 mo
to May 2019
|
|
ADYAMA RICE MILL PVT LTD
U15312WB1985PTC039827
|
IRP · Aug 2019
RP · Sep 2019
|
🔒 | 🔒 | 🔒 | 6 mo
to Feb 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
1Where 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: AB Garments Impex LLP at 2,473 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
AB Garments Impex LLP
AAJ2286
Other Services |
IRP · Dec 2019
|
2,473d past 330d limit | Under CIRP |
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 →.
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Claim profile →Activity & context · vs India's IP universe
Activity — mandate count3 mandates on record
Typical time to outcome7 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 Professional5
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
Kolkata3 mandates
Bench median 14 months to outcome · 33% resolved (529 concluded cases)
Balaknath runs a median 7 months to outcome across 2 concluded mandates.
The benches those mandates sit in run at 14 months, weighted by how many of his cases each one holds —
so he is closing 238 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
Other Services1
Financial Services1
Food & Agro1
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