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Home / RP Tracker / Chaitanya Kumar Ray

Chaitanya Kumar Ray UNCLAIMED PROFILE

Insolvency Professional · Odisha · Active since 2019
IPA ICMAI IPA Bench Cuttack · East Reg IBBI/IPA-003/IP-N00032/2017-18/10260 CPE 136 credits
ConstructionReal EstateOthers (Hospital, Steels)
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Career composition · 4 CIRP mandates
1
3
Resolved 1 Liquidation 3
Appointments by year
'19'20'21'22'23'24'25'26
Overview Resolved 1 Liquidation 3 Standing
Mandates
4cases
3 with financials · last appointed Jun 2023
Claims Managed
Rs 102Cr
across 3 cases with figures
Realised for Creditors
Rs 2Cr
2.4% of admitted claims
Resolved
1cases
25% resolution rate
Recovery vs LV
137.2%
1 of 1 beat the floor
Typical CIRP Time
24 months
nationally 16 months
Largest Mandate
Rs 54 Cr
Krishna Ferro Product L…

Resolved — plan approved

1
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
Krishna Ferro Product Limited
L27320OR1982PLC001137
→ acquired by Kedarnath Mining Private Limited , stated to be 'the only Resolution Applicant'
IRP · Oct 2019
🔒 🔒 🔒 2y 4mo
to Feb 2022

Liquidation — order passed

3
1 of 3 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates3on this professional's record
Taken to dissolution12 still in process
Order to dissolution45 moaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
SWARNA HOSPITAL PRIVATE LIMITED
U00093OR2005PTC008471
IRP · May 2023
RP · Jun 2023
🔒 🔒 🔒 2y 3mo
to Aug 2025
POWERCON PROJECTS AND ASSOCIATES LIMITED
U31909OR2004PLC007584
Liquidator · Jan 2019
🔒 🔒 🔒 6 mo
to Jan 2019
Srabani Constructions Private Limited
U45201OR2001PTC006571
IRP · Apr 2022
IRP · Apr 2022
🔒 🔒 🔒 1y 7mo
to Dec 2023
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.
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
Recovery vs liquidation value137.2%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor1 of 1
Typical time to outcome24 months
national median 16 months · median of 4 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 Professional5
Liquidator1
Of these, 3 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
Cuttack3 mandates
Bench median 18 months to outcome · 35% resolved (49 concluded cases)
Kolkata1 mandate
Bench median 14 months to outcome · 33% resolved (529 concluded cases)
Chaitanya runs a median 24 months to outcome across 4 concluded mandates. The benches those mandates sit in run at 17 months, weighted by how many of his cases each one holds — so he is taking 205 days longer 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
Steel & Metals1
Other Services1
Machinery & Equipment1
Construction & Infrastructure1

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