Liquidation — order passed
32 of 3 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates3on this professional's record
Taken to dissolution21 still in process
Order to dissolution16 moaverage over 2 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
BUTTON INDUSTRIES PRIVATE LIMITED
U15100GJ2019PTC109331
|
RP · Jun 2025
|
— | — | — | 15 mo
to Aug 2026
|
|
H Sharda Texfab Private Limited
U17120GJ2012PTC068500
|
IRP · Jan 2020
|
🔒 | 🔒 | 🔒 | 12 mo
to Jan 2021
|
|
NIGO BEST PACKS PRIVATE LIMITED
U24117GJ1999PTC036063
|
IRP · Oct 2020
RP · Nov 2020
Liquidator · Mar 2021
|
🔒 | 🔒 | 🔒 | 5 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.
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: RADHEY FOAM PRIVATE LIMITED at 2,657 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
RADHEY FOAM PRIVATE LIMITED
U17214GJ2013PTC073983
Textiles & Apparel |
IRP · Jun 2019
|
2,657d 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Withdrawn / settled
2Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
APPLE TILES PRIVATE LIMITED
U26914GJ2006PTC049248
Other Manufacturing |
IRP · Mar 2021
|
5y 6mo |
|
RAMOS CERAMIC PRIVATE LIMITED
U26990GJ2018PTC102147
Other Manufacturing |
IRP · Feb 2024
RP · Feb 2024
|
2y 7mo |
Voluntary liquidations
1Solvent 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 dissolution1y 8mo
across 1 completed · every VL on record runs 1y 8mo
Dissolution orders read1 of 1
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 |
|---|---|---|---|---|---|
| SPECIAL ENGINEERING (HALOL) PRIVATE LIMITED U34201GJ1979PTC003491
6 dated steps in the orderAhmedabad Court No. II
|
Voluntary Liquidator · May 2022 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 1y 8mo to Jan 2024 |
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 outcome12 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
Liquidator1
Voluntary Liquidator1
Of these, 5 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
Ahmedabad6 mandates
Bench median 15 months to outcome · 32% resolved (445 concluded cases)
Bhavan runs a median 12 months to outcome across 3 concluded mandates.
The benches those mandates sit in run at 15 months, weighted by how many of his cases each one holds —
so he is closing 94 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
Textiles & Apparel2
Other Manufacturing2
Food & Agro1
Chemicals & Plastics1
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