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Home / RP Tracker / Bhuvan Madan

Bhuvan Madan UNCLAIMED PROFILE

Insolvency Professional · Active since 2018
IPA The Indian Institute of Insolvency Profe AFA Valid till Dec 2026 Bench Mumbai · West Reg IBBI/IPA-001/IP-P01004/2017-2018/11655 CPE 119 credits
MiningTrading & DistributionPower & EnergyOther ServicesConstruction & InfrastructureElectronics & Electricals
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Career composition · 11 CIRP mandates
7
3
1
Resolved 7 Under CIRP 3 Withdrawn §12A 1
Appointments by year
'18'19'20'21'22'23'24'25'26
Overview Resolved 7 Under CIRP 3 Withdrawn 1 Voluntary 1 Standing Claim this profile →
Mandates
10cases
top 13% by mandate count
Claims Managed
₹70,144Cr
across 6 cases with figures
Realised for Creditors
₹16,163Cr
23.0% of admitted claims
Resolved
7cases
100% resolution rate
Recovery vs LV
94.1%
national avg 166.9%
Avg CIRP Time
2y 4mo
6 mo slower than national avg
Largest Mandate
₹60,637 Cr
Jaiprakash Associates L…

Resolved — plan approved

7
Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
Corporate DebtorRole / AppointedAdmittedRealisedRec vs LVDuration
Jaiprakash Associates Limited
L14106UP1995PLC019017
IRP · Jun 2024
RP · Aug 2024
₹60,637 Cr ₹14,084 Cr 89.2% 1y 9mo
to Mar 2026
Sathavahana Ispat Limited
L27109TG1989PLC010654
RP · Sep 2021
🔒 🔒 🔒 3y 6mo
to Mar 2023
Diamond Power Infrastructure Limited
L31300GJ1992PLC018198
RP · Oct 2018
🔒 🔒 🔒 3y 9mo
to Jun 2022
Ferro Alloys Corporation Limited
L45201OR1955PLC008400
RP · Jul 2019
🔒 🔒 🔒 2y 6mo
to Jan 2020
Indrajit Power Private Limited
U45200MH1994PTC081267
IRP · Feb 2024
2y 2mo
to Apr 2026
JEKPL Private Limited
U51909UP1997PTC047891
RP · Mar 2019
🔒 🔒 🔒 9 mo
to Dec 2017
NCR Rail Infrastructure Limited (Formerly known as Arshiya Rail Infrastructure Limited)
U93000MH2008PLC180907
IRP · Mar 2024
RP · May 2024
🔒 🔒 🔒 1y 10mo
to Jan 2026

Under CIRP — live

3
Corporate DebtorRole / AppointedCIRP AgeStage
TARUN REALTORS PRIVATE LIMITED
U07010KA2004PTC035166
Mining
RP · Nov 2025
3y Inviting EoI
Hiranmaye Energy Limited
U40105WB2008PLC125220
Power & Energy
IRP · Jan 2024
RP · Feb 2024
2y 7mo Under CIRP
Arshiya Northern FTWZ Ltd
U51109MH2008PLC183555
Trading & Distribution
RP · Aug 2023
3y 7mo Inviting EoI
Live mandates — admitted claims and recovery are determined only as each case concludes, so figures appear here once an outcome is reached.

Withdrawn — Section 12A

1
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
JAYPEE HEALTHCARE LIMITED
U85191UP2012PLC053358
IRP · Jun 2024
2y 1mo

Voluntary liquidations

1
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusDissolved
POSHMARK ONLINE MARKETPLACE PRIVATE LIMITED
U74999DL2021FTC383507
Voluntary Liquidator · Aug 2025
Solvent member-voluntary liquidations (s.59) — a separate mandate type from CIRP. Figures shown where an outcome has been filed.
About this data: Profile data is sourced from the IBBI professional register, quarterly newsletters and public announcement records. Comparative figures (percentiles, national averages) are computed across stressed.in's full IBBI universe and refresh as records load. See how every number is sourced, checked and corrected →.
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Activity & context · vs India's IP universe
Activity — mandate countTop 13% of 2,443
At Mumbai bench — by mandate count#97 of 437
Recovery vs LV — vs national avg-72.8 pts
Speed — avg CIRP vs national avg6 mo slower
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 Professional14
Voluntary Liquidator1
Bench spread
Allahabad2
Mumbai2
Hyderabad1
Ahmedabad1
Cuttack1
Bengaluru1
Sector exposure
Mining2
Construction & Infrastructure2
Trading & Distribution2
Other Manufacturing1
Electronics & Electricals1
Power & Energy1
Other Services1
Performance summary
Resolution rate100%
Recovery vs LV (claim-wtd)94.1%
Realised vs claims (book)23.0%
IRP appointments5
Data sourceIBBI · NCLT · MCA
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