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Home / RP Tracker / Bhaskar Gopal Shetty

Bhaskar Gopal Shetty UNCLAIMED PROFILE

Insolvency Professional · Maharashtra · Active since 2019
IPA ICAI IIIPI Bench Mumbai · West Reg IBBI/IPA-001/IP-P01285/2018-2019/12003 CPE 223 credits
Wholesale and Retail TradeConstructionReal EstateManufacturingTransportOthers (PHARMA, AGRO, CINE, INFRA, MACHINERY, STEEL)
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Career composition · 13 CIRP mandates
6
4
3
Liquidation 6 Under CIRP 4 Withdrawn / settled 3
Appointments by year
'19'20'21'22'23'24'25'26
Overview Liquidation 6 Under CIRP 4 Withdrawn 3 Voluntary 1 Standing
Mandates
10cases
Top 20% by mandate count · last appointed Jan 2025
Claims Managed
Rs 891Cr
across 5 cases with figures
Resolved
0cases
0% resolution rate
Typical CIRP Time
15 months
nationally 16 months
Largest Mandate
Rs 795 Cr
DELTA IRON AND STEEL CO…

Liquidation — order passed

6
1 of 6 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates6on this professional's record
Taken to dissolution15 still in process
Order to dissolution18 moaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
DELTA IRON AND STEEL COMPANY PRIVATE LIMITED
U27100MH1996PTC097025
IRP · Jun 2022
RP · Jul 2022
🔒 🔒 🔒 14 mo
to Jul 2023
G.S. CONSTRO & INFRA PRIVATE LIMITED
U45202MH2010PTC208912
IRP · Oct 2024
RP · Jan 2025
2y 6mo
to May 2026
MIRAGE CERAMICS PRIVATE LIMITED
U51909MH2005PTC153140
IRP · Feb 2020
RP · Mar 2020
Liquidator · Jun 2023
🔒 🔒 🔒 3y 3mo
to Jun 2023
MEDIAMAN INFOTECH PRIVATE LIMITED
U72200MH1996PTC103900
Liquidator · Nov 2023
🔒 🔒 🔒 12 mo
to Nov 2023
ITALTINTO EQUIPMENTS PRIVATE LIMITED
U72300MH2012PTC232352
IRP · Feb 2021
RP · Apr 2021
Liquidator · Jun 2022
🔒 🔒 🔒 16 mo
to Jun 2022
ARMSPRIME MEDIA PRIVATE LIMITED
U92490MH2019PTC320701
Liquidator · Sep 2024
🔒 🔒 🔒 10 mo
to Sep 2024
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

4
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
4past 330d
Longest-running live mandate: Terrafirmas Superstruct LLP at 2,792 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Terrafirmas Superstruct LLP
AAG1826
Construction & Infrastructure
IRP · Jan 2019
RP · Mar 2019
2,792d past 330d limit Under CIRP
SHREE SAI STEEL INDUSTRIES INDIA PRIVATE LIMITED
U27100MH2006PTC160648
Other Manufacturing
IRP · Sep 2019
2,554d past 330d limit Under CIRP
ORIENTA CINE ADVERTISING PRIVATE LIMITED
U74300MH2002PTC136020
Other Services
IRP · Jul 2022
1,535d past 330d limit Under CIRP
CASABELLA TRADING PRIVATE LIMITED
U74999MH2015PTC267824
Other Services
IRP · Jul 2023
RP · Aug 2023
1,167d 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.

Withdrawn / settled

3
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
Al-Noor Agro and Farm Products Private Limited
U01403MH2015PTC270172
Food & Agro
IRP · May 2019
RP · Jul 2019
7y 3mo
RAYMON PATEL GELATINE PRIVATE LIMITED
U24231GJ2003PTC042207
Other Manufacturing
IRP · Mar 2022
4y 5mo
AKURTH CHEMICALS (OPC) PRIVATE LIMITED
U24290UP2017OPC098017
Other Manufacturing
RP · Mar 2021
5y 9mo

Voluntary liquidations

1
Solvent 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.
Typical time to dissolution1y 8mo median across every VL on record — none of these mandates has reached dissolution yet
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
SIAE MICROELETTRONICA INDIA PRIVATE LIMITED
U32109MH2007PTC174617
Voluntary Liquidator · Dec 2022
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 →.
Report an error →
Activity & context · vs India's IP universe
Activity — mandate countTop 20% of 2,308 ranked
Typical time to outcome15 months
national median 16 months · median of 6 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 Professional18
Liquidator4
Voluntary Liquidator1
Of these, 10 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
Mumbai11 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (447 concluded cases)
Allahabad1 mandate
Bench median 21 months to outcome · 45% resolved (103 concluded cases)
Bhaskar runs a median 15 months to outcome across 6 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 104 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 Services5
Other Manufacturing4
Construction & Infrastructure2
Food & Agro1
Trading & Distribution1

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