Resolved — plan approved
5Acquirer 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 |
|---|---|---|---|---|---|
|
Ellora Paper Mills Limited
L36934MH1977PLC019972
→ acquired by Mr. Sudhir Goenka
|
RP · Nov 2017
|
🔒 | 🔒 | 🔒 | 11 mo
to Jun 2018
|
|
Lokshakti Sugar and Allied Industries Limited
U01115PN2008PLC132484
→ acquired by Geetanjali Sugar Private Limited in consortium with M/s. G V Alurkar
|
IRP · Jan 2023
RP · Apr 2023
|
🔒 | 🔒 | 🔒 | 2y 6mo
to Jul 2025
|
|
Safeco Hygiene Films Private Limited
U25200GJ2012PTC068993
→ acquired by Mr. Jaydeep Maheshwari
|
IRP · Aug 2022
RP · Aug 2022
|
🔒 | 🔒 | 🔒 | 12 mo
to Jul 2023
|
|
Aarti Infra-Projects Private Limited
U45201MH2006PTC161673
→ acquired by Aarti Infra-Projects Private Limited
|
IRP · May 2019
|
🔒 | 🔒 | 🔒 | 3y 9mo
to Feb 2023
|
|
Creatoz Builders Private Limited
U54200MH2005PTC157510
|
IRP · Nov 2023
RP · Jan 2024
|
— | — | — | 2y 7mo
to Jul 2026
|
Liquidation — order passed
81 of 8 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates8on this professional's record
Taken to dissolution17 still in process
Distributed vs liquidation value2.6%across 1 case with both figures · whole record 79.7%
Order to dissolution59 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Nandkishore Steel Industries Private Limited
U27100MH2004PTC143824
|
IRP · Apr 2018
|
🔒 | 🔒 | 🔒 | 6 mo
to Sep 2018
|
|
Vijsun Engineers Private Limited
U29299PN1990PTC057993
|
IRP · Oct 2019
RP · Nov 2019
Liquidator · Nov 2025
|
🔒 | 🔒 | 🔒 | 6y 1mo
to Nov 2025
|
|
Saradambika Power Plant Private Limited
U40100AP2004PTC050048
|
IRP · Apr 2022
RP · May 2022
Liquidator · Feb 2023
|
🔒 | 🔒 | 🔒 | 10 mo
to Feb 2023
|
|
Gupta Energy Private Limited
U40102MH2007PTC175497
|
IRP · Mar 2017
|
🔒 | 🔒 | 🔒 | 12 mo
to Mar 2018
|
|
Mehadia Sales Trade Corporation Private Limited
U51101MH2012PTC232763
|
IRP · Jul 2017
|
🔒 | 🔒 | 🔒 | 9 mo
to Apr 2018
|
|
Kedar International Exim Private Limited
U51909PN2012PTC143857
|
Liquidator · Jul 2024
|
🔒 | 🔒 | 🔒 | 7 mo
to Jul 2024
|
|
Universal Commodity Exchange Limited
U74900MH2008PLC179396
|
RP · Dec 2023
|
— | — | — | 8y
to Jun 2026
|
|
Indo-Krishna Green Field Limited (IKGFL)
U99999MH1994PLC082316
|
IRP · Aug 2017
RP · Feb 2018
Liquidator · Feb 2024
|
🔒 | 🔒 | 🔒 | 6y 5mo
to Feb 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
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: APURVA OIL AND INDUSTRIES PRIVATE LIMITED at 467 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
APURVA OIL AND INDUSTRIES PRIVATE LIMITED
U17120MH1980PTC022719
Textiles & Apparel |
IRP · Jun 2025
|
467d 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 |
|---|---|---|
|
Anupam Extractions Limited
U24100MH1973PTC016592
Other Manufacturing |
IRP · Jul 2019
RP · Aug 2019
|
7y 2mo |
|
Orbit Electromech India Private Limited
U31905MH2013PTC242626
Machinery & Equipment |
IRP · May 2025
IRP · May 2025
|
7y 2mo |
Voluntary liquidations
6Solvent 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 7mo
across 3 completed · every VL on record runs 1y 8mo
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| Mahavir Threads Private Limited U17120MH1994PTC081184
|
Voluntary Liquidator · May 2018 |
— | — | — | in process |
| General Nippon India Private Limited U30000MH2011FTC224343
|
Voluntary Liquidator · Jan 2022 |
— | — | — | in process |
| Deeco Mechatron Marketing Private Limited U51500MH1991PTC060970
|
Voluntary Liquidator · Jun 2018 |
Rs 2 Cr | Rs 0 Cr | Rs 2 Cr | 1y 7mo to Jan 2020 |
| GFT Finance Private Limited U65999MH2017PTC301188
|
Voluntary Liquidator · Nov 2020 |
— | — | — | in process |
| Deeco Technical Services Private Limited U74999MH1989PTC051721
|
Voluntary Liquidator · Jun 2018 |
Rs 1 Cr | Rs 0 Cr | Rs 1 Cr | 1y 7mo to Jan 2020 |
| Deeco Industrial Supplies Private Limited U99999MH1987PTC045340
|
Voluntary Liquidator · Jun 2018 |
Rs 2 Cr | Rs 0 Cr | Rs 2 Cr | 1y 7mo to Jan 2020 |
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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Claim profile →Activity & context · vs India's IP universe
Activity — mandate countTop 5% of 2,567 ranked
At Mumbai bench — by mandate countTop 10% of 445
Recovery vs liquidation value152.6%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor3 of 3
Typical time to outcome12 months
national median 16 months · median of 13 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 Professional23
Liquidator4
Voluntary Liquidator6
Of these, 13 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
Mumbai14 mandates
Bench median 18 months to outcome · 34% resolved (1,244 concluded cases)
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Amaravati1 mandate
Bench median 15 months to outcome · 27% resolved (55 concluded cases)
Charudutt runs a median 12 months to outcome across 13 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 166 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 Manufacturing3
Machinery & Equipment2
Power & Energy2
Trading & Distribution2
Other Services2
Food & Agro1
Textiles & Apparel1
Chemicals & Plastics1
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