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 value82.9%across 1 case with both figures · whole record 79.7%
Order to dissolution27 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
SHREE HANUMAN TEXFAB PRIVATE LIMITED
U17121MH2009PTC192331
|
IRP · Feb 2020
|
🔒 | 🔒 | 🔒 | 18 mo
to Aug 2021
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.
Voluntary liquidations
8Solvent 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 5 completed · every VL on record runs 1y 8mo
Dissolution orders read3 of 8
the tribunal's own order, field by field — expand a row for the dated sequence
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| ORBIT FABRICS PRIVATE LIMITED U18101GJ1992PTC059095
7 dated steps in the orderAhmedabad, Division Bench, Court - 1
|
Voluntary Liquidator · Dec 2022 |
Rs 7 Cr | Rs 0 Cr | Rs 6 Cr | 12 mo to Dec 2023 |
| FINE CERACOTE SURFACES PRIVATE LIMITED U26914GJ1989PTC012258
6 dated steps in the orderAhmedabad Division Bench Court - 1
Delay recorded in the order“Liquidation was estimated to be over by 01.03.2022 but petition filed on 30.12.2022, requiring extension of liquidation period via EGM resolution on 12.09.2023.” |
Voluntary Liquidator · Mar 2021 |
Rs 1 Cr | Rs 0 Cr | Rs 1 Cr | 2y 7mo to Oct 2023 |
| OHM HIGHLINE PRIVATE LIMITED U31900GJ2010PTC062563
|
Voluntary Liquidator · Jul 2020 |
Rs 1 Cr | — | Rs 1 Cr | 8 mo to Mar 2021 |
| KRISHNA PROJECTS PRIVATE LIMITED U45201DL2000PTC103888
|
Voluntary Liquidator · May 2025 |
— | — | — | in process |
| PANCHAMSUR ENTERPRISE PRIVATE LIMITED U52100GJ1997PTC032009
|
Voluntary Liquidator · Oct 2020 |
Rs 0 Cr | — | Rs 0 Cr | 1y 7mo to Jun 2022 |
| Q-INDIA SUPPORT SERVICES PRIVATE LIMITED U74110MH2005PTC156790
6 dated steps in the orderMUMBAI BENCH, COURT-I
Delay recorded in the order“Income tax refund took a considerable time owing to the change in bank accounts on the income tax portal.” |
Voluntary Liquidator · Dec 2021 |
Rs 1 Cr | Rs 0 Cr | Rs 1 Cr | 1y 8mo to Aug 2023 |
| TMSS VENTURES PRIVATE LIMITED U74140GJ2011PTC065340
|
Voluntary Liquidator · Jun 2026 |
— | — | — | in process |
| WK CONSULTANTS PRIVATE LIMITED U74900DL2009PTC194922
|
Voluntary Liquidator · Apr 2026 |
— | — | — | 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 count1 mandates on record
Typical time to outcome18 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 Professional1
Voluntary Liquidator8
Of these, 1 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
Mumbai1 mandate
Bench median 18 months to outcome · 34% resolved (1,244 concluded cases)
Devesh runs a median 18 months to outcome across 1 concluded mandate.
The benches those mandates sit in run at 18 months, weighted by how many of his cases each one holds —
so he is moving at the pace of his own forums, within a month either way.
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 & Apparel1
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