Liquidation — order passed
2Liquidation mandates2on this professional's record
Taken to dissolution02 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Mangalam Apartments Limited
U45202DL1985PLC020056
|
Liquidator · Apr 2024
|
🔒 | 🔒 | 🔒 | 10 mo
to Apr 2024
|
|
Sunshine HiTech Infracon Limited
U70101GJ2012PLC069165
|
IRP · Oct 2021
RP · Dec 2021
|
🔒 | 🔒 | 🔒 | 1y 10mo
to Aug 2023
|
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
3Where 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: KP R Chemicals Limited at 2,476 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
KP R Chemicals Limited
U24110AP2009PLC108283
Other Manufacturing |
IRP · Dec 2019
RP · Jan 2020
|
2,476d past 330d limit | Under CIRP |
|
JASMINE BUILDMART PRIVATE LIMITED
U45400DL2010PTC202195
Construction & Infrastructure |
IRP · Mar 2024
IRP · Mar 2024
RP · Apr 2024
RP · Apr 2024
|
932d past 330d limit | Inviting EoI |
|
Implex Infrastructure Pvt Ltd
U70101DL2012PTC246467
Real Estate & Housing |
IRP · Jun 2024
|
845d 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Withdrawn / settled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 |
|---|---|---|
|
Sikkim Hydro Power Ventures Limited
U40100DL2005PLC257673
Power & Energy |
RP · Nov 2020
|
6y 1mo |
|
Franchise India Brands Limited
U93000DL2008PLC185983
Other Services |
IRP · Mar 2020
|
6y 6mo |
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
Typical time to outcome17 months
national median 16 months · median of 2 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 Professional11
Liquidator1
Of these, 5 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 Delhi5 mandates
Bench median 17 months to outcome · 36% resolved (780 concluded cases)
Amaravati1 mandate
Bench median 15 months to outcome · 28% resolved (54 concluded cases)
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (447 concluded cases)
Devvart runs a median 17 months to outcome across 2 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 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
Construction & Infrastructure2
Real Estate & Housing2
Other Manufacturing1
Power & Energy1
Other Services1
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