Resolved — plan approved
4Acquirer 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 |
|---|---|---|---|---|---|
|
Techno Forge Limited
L28910GJ1979PLC003508
→ acquired by Joint Resolution Applicant namely Mr. Ashok Kapasi, Mr. Arun Kapasi and Mr. Vikram Kapasi
|
IRP · Jul 2020
RP · Aug 2020
|
🔒 | 🔒 | 🔒 | 3y 7mo
to Feb 2024
|
|
V S Texmills Private Limited
U17120GJ2013PTC075697
→ acquired by Chamaria Fashions Private Limited
|
IRP · Jan 2019
RP · Feb 2019
|
🔒 | 🔒 | 🔒 | 12 mo
to Jan 2020
|
|
International Book House Private Limited
U51900GJ1941PTC160744
→ acquired by Nitrex Chemicals India Limited ("Nitrex")
|
IRP · Dec 2018
RP · Jan 2019
|
🔒 | 🔒 | 🔒 | 1y 8mo
to Sep 2020
|
|
MULTI ARC COATING AND STRAPS LIMITED
U74999GJ2005PLC047344
→ acquired by Nijinoy Trading Private Limited
|
IRP · Sep 2021
RP · Oct 2021
|
🔒 | 🔒 | 🔒 | 2y 7mo
to Apr 2024
|
Liquidation — order passed
105 of 10 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates10on this professional's record
Taken to dissolution55 still in process
Distributed vs liquidation value83.9%across 1 case with both figures · whole record 79.7%
Order to dissolution14 moaverage over 5 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Rutika Creations Private Limited
U17120GJ2010PTC062545
|
IRP · Oct 2019
RP · Dec 2019
Liquidator · Oct 2020
|
🔒 | 🔒 | 🔒 | 12 mo
to Oct 2020
|
|
HV Synthetics Private Limited
U17121GJ2006PTC048378
|
IRP · Apr 2019
IRP · Apr 2019
RP · May 2019
RP · May 2019
|
🔒 | 🔒 | 🔒 | 13 mo
to Dec 2024
|
|
Balaji Fiber Reinforce Pvt. Ltd.
U25206GJ2007PTC050407
|
RP · Jul 2023
RP · Jul 2023
|
🔒 | 🔒 | 🔒 | 4y 1mo
to Feb 2024
|
|
Bansal International Private Limited
U35110GJ2004PTC107230
|
IRP · Oct 2019
RP · Nov 2019
Liquidator · Aug 2020
|
🔒 | 🔒 | 🔒 | 10 mo
to Aug 2020
|
|
Bansal Shipping Private Limited
U35117GJ1999PTC107261
|
IRP · Dec 2020
RP · Jan 2021
Liquidator · Jun 2021
|
🔒 | 🔒 | 🔒 | 6 mo
to Jun 2021
|
|
Greendiamz Biotech Limited
U36990GJ2009PLC056869
|
Liquidator · Jun 2022
|
🔒 | 🔒 | 🔒 | 2y 1mo
to Jun 2022
|
|
CLS Enterprise Private Limited
U63020GJ2005PTC047148
|
RP · Jul 2020
Liquidator · Sep 2020
|
🔒 | 🔒 | 🔒 | 9 mo
to Sep 2020
|
|
VINTAGE COMTRADE PRIVATE LIMITED
U74999MH1996PTC104343
|
IRP · Feb 2023
RP · Apr 2023
|
🔒 | 🔒 | 🔒 | 9 mo
to Dec 2023
|
|
Brain Master's Classes Private Limited
U80903MP2011PTC025907
|
RP · Jan 2021
|
🔒 | 🔒 | 🔒 | 1y 10mo
to Apr 2021
|
|
Harsh Polymers (india) Limited
U99999GJ1992PLC017197
|
IRP · Oct 2018
RP · Nov 2018
Liquidator · Sep 2019
|
🔒 | 🔒 | 🔒 | 11 mo
to Sep 2019
|
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
4Where 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: Omkar Gratings Private Limited at 2,479 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
Omkar Gratings Private Limited
U74999MH2010PTC201333
Other Services |
IRP · Dec 2019
RP · Jan 2020
|
2,479d past 330d limit | Inviting EoI |
|
MEGHNA SHREE PETROCHEM PRIVATE LIMITED
U24100GJ2010PTC060370
Other Manufacturing |
IRP · Apr 2022
|
1,632d past 330d limit | Under CIRP |
|
CNSB TEXTILE INDUSTRIES LLP
AAO9312
Textiles & Apparel |
IRP · Nov 2025
|
312d inside 330d | Under CIRP |
|
VFP BOX PRIVATE LIMITED
U21020GJ2014PTC078516
Other Manufacturing |
IRP · Mar 2026
RP · Apr 2026
|
182d in extension | 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 |
|---|---|---|
|
Ambica Concrete Company Private Limited
U26940GJ2010PLC061538
Other Manufacturing |
IRP · Jun 2019
|
7y 3mo |
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 5% of 2,365 ranked
At Ahmedabad bench — by mandate countTop 5% of 130
Recovery vs liquidation value108.9%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor2 of 4
Typical time to outcome13 months
national median 16 months · median of 14 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 Professional33
Liquidator6
Of these, 15 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
Ahmedabad16 mandates
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Mumbai3 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Bhavi runs a median 13 months to outcome across 14 concluded mandates.
The benches those mandates sit in run at 16 months, weighted by how many of his cases each one holds —
so he is closing 99 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 Manufacturing5
Other Services5
Textiles & Apparel4
Steel & Metals2
Machinery & Equipment1
Trading & Distribution1
Logistics & Transport1
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