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Home / RP Tracker / Dakshesh Pravinchandra Choksi

Dakshesh Pravinchandra Choksi UNCLAIMED PROFILE

Insolvency Professional · Active since 2019
IPA ICAI IIIPI Bench Mumbai · West Reg IBBI/IPA-001/IP-P00718/2017-2018/11300 CPE 127 credits
Textiles & ApparelOther ManufacturingFood & AgroTrading & Distribution
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Viewed 5× in 90 days — what ARCs, banks & funds see when they search this name
Career composition · 6 CIRP mandates
1
4
1
Resolved 1 Under CIRP 4 Withdrawn / settled 1
Appointments by year
'19'20'21'22'23'24'25'26
Overview Resolved 1 Under CIRP 4 Withdrawn 1 Voluntary 1 Standing
Mandates
5cases
1 with financials · last appointed Aug 2026
Claims Managed
Rs 141Cr
across 1 case with figures
Realised for Creditors
Rs 7Cr
5.0% of admitted claims
Resolved
1cases
100% resolution rate
Recovery vs LV
247.9%
1 of 1 beat the floor
Typical CIRP Time
16 months
nationally 16 months
Largest Mandate
Rs 141 Cr
DOLPHIN OFFSHORE SHIPPI…

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
DOLPHIN OFFSHORE SHIPPING LIMITED
U51900MH1990PLC057967
→ acquired by Deep Onshore Services Private Limited
RP · Aug 2023
🔒 🔒 🔒 16 mo
to Oct 2024

Under CIRP — live

4
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
1within 180d
1271–330d
2past 330d
Longest-running live mandate: VEDIK COTTON LIMITED at 2,028 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
VEDIK COTTON LIMITED
U17110MH1997PLC187124
Textiles & Apparel
IRP · Mar 2021
2,028d past 330d limit Under CIRP
Exclusive Linen Fabric Private Limited
U17299MH2020PTC336294
Textiles & Apparel
RP · Feb 2025
752d past 330d limit Inviting EoI
MANPASAND BEVERAGES LIMITED
L15549GJ2010PLC063283
Food & Agro
IRP · Dec 2019
IRP · Dec 2019
IRP · Dec 2019
IRP · Dec 2019
312d inside 330d Newly admitted
SHAH LAXMICHAND VERSHI MASALAWALA LLP
ACL9838
IRP · Jul 2026
RP · Aug 2026
67d 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

1
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
MAX GRANITO PRIVATE LIMITED
U26933GJ2006PTC049192
Other Manufacturing
IRP · Sep 2022
4y

Voluntary liquidations

1
Solvent 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.
Typical time to dissolution1y 8mo median across every VL on record — none of these mandates has reached dissolution yet
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
ALPHAGREP FINVEST PRIVATE LIMITED
U66190GJ2023PTC143486
Voluntary Liquidator · Nov 2025
— — — in process
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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Activity & context · vs India's IP universe
Activity — mandate count5 mandates on record
Recovery vs liquidation value247.9%
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 outcome16 months
national median 16 months · median of 1 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 Professional10
Voluntary 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
Mumbai4 mandates
Bench median 18 months to outcome · 34% resolved (1,244 concluded cases)
Ahmedabad2 mandates
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Dakshesh runs a median 16 months to outcome across 1 concluded mandate. The benches those mandates sit in run at 17 months, weighted by how many of his cases each one holds — so he is closing 37 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
Textiles & Apparel2
Food & Agro1
Other Manufacturing1
Trading & Distribution1
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