Resolved — plan approved
2Acquirer 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 |
|---|---|---|---|---|---|
|
Goodhealth Industries Private Limited
U15549DL2018PTC342711
→ acquired by M/s Turquoise Metals and Electricals Pvt. Ltd.
|
IRP · Apr 2024
RP · May 2024
|
🔒 | 🔒 | 🔒 | 11 mo
to Mar 2025
|
|
Legend Power Private Limited
U74999DL2007PTC205925
→ acquired by Gateway Investment Management Services (DIFC) Limited
|
IRP · Jul 2024
RP · Aug 2024
|
🔒 | 🔒 | 🔒 | 11 mo
to Jun 2025
|
Liquidation — order passed
11 of 1 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates1on this professional's record
Taken to dissolution10 still in process
Distributed vs liquidation value1.7%across 1 case with both figures · whole record 79.7%
Order to dissolution18 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Ajit Solar Private Limited
U40106RJ2007PTC024478
|
Liquidator · Oct 2024
|
🔒 | 🔒 | 🔒 | 5y 4mo
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
2Where 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: NCS SUGARS LIMITED at 1,550 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
NCS SUGARS LIMITED
U15421TG2002PLC039085
Food & Agro |
RP · Feb 2026
|
1,550d past 330d limit | Inviting EoI |
|
H.Q LAMPS MANUFACTURING CO PRIVATE LIMITED
U33100UP2014PTC066739
Machinery & Equipment |
IRP · Apr 2026
RP · May 2026
|
152d within 180d | 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Withdrawn / settled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 |
|---|---|---|
|
TENSILE STEEL LIMITED
U99999GJ1960PLC001006
Other Services |
IRP · Jul 2025
RP · Jul 2025
|
15 mo |
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 count5 mandates on record
Recovery vs liquidation value78.4%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor0 of 1
Typical time to outcome11 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 Professional9
Liquidator1
Of these, 4 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
New Delhi2 mandates
Bench median 17 months to outcome · 35% resolved (777 concluded cases)
Hyderabad1 mandate
Bench median 14 months to outcome · 37% resolved (344 concluded cases)
Allahabad1 mandate
Bench median 22 months to outcome · 44% resolved (101 concluded cases)
Jaipur1 mandate
Bench median 17 months to outcome · 38% resolved (74 concluded cases)
Bihari runs a median 11 months to outcome across 3 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 190 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
Food & Agro2
Other Services2
Machinery & Equipment1
Power & Energy1
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