Liquidation — order passed
33 of 3 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates3on this professional's record
Taken to dissolution30 still in process
Distributed vs liquidation value40.0%across 1 case with both figures · whole record 79.7%
Order to dissolution25 moaverage over 2 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
HARSH SPECIALITY COATING PRIVATE LIMITED
U24100DL2013PTC249072
|
IRP · Dec 2021
IRP · Dec 2021
|
🔒 | 🔒 | 🔒 | 12 mo
to Feb 2022
|
|
Technic Projects constructions Private Limited
U45500MH2016PTC284452
|
IRP · Dec 2021
RP · Mar 2022
|
🔒 | 🔒 | 🔒 | 9 mo
to Sep 2022
|
|
Krishnai Hospital Private Limited
U85100MH2015PTC263571
|
IRP · Feb 2019
RP · Mar 2019
Liquidator · Dec 2019
|
🔒 | 🔒 | 🔒 | 10 mo
to Dec 2019
|
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
4Where 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: Tejas Tradefin LLP at 994 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
Tejas Tradefin LLP
AAK8932
Other Services |
IRP · Jan 2024
|
994d past 330d limit | Under CIRP |
|
Shipra Estate Limited
U70101DL1987PLC029594
Real Estate & Housing |
IRP · Jan 2024
RP · Oct 2024
|
972d past 330d limit | Under CIRP |
|
Supreme Bituchem India Private Limited
U74999MH2007PTC170757
Other Services |
IRP · Nov 2019
IRP · Nov 2019
|
972d past 330d limit | Under CIRP |
|
NDT TECHNOLOGIES PRIVATE LIMITED
U31900MH2005PTC152366
Machinery & Equipment |
IRP · Mar 2024
|
914d 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Withdrawn / settled
3Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
Kelvolt (india) Private Limited
U29253MH2009PTC195793
Machinery & Equipment |
IRP · Mar 2024
|
2y 6mo |
|
Clear Channel India Private Limited
U74300MH1997PTC106950
Other Services |
IRP · Oct 2021
|
4y 10mo |
|
vertex Safety Products Private Limited
U74900PN2013PTC148777
Other Services |
IRP · Feb 2020
RP · Mar 2020
|
6y 7mo |
Voluntary liquidations
3Solvent 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 dissolution16 mo
across 3 completed · every VL on record runs 1y 8mo
Dissolution orders read2 of 3
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 |
|---|---|---|---|---|---|
| WESTERN UNION PAYMENT SERVICES (INDIA) PRIVATE LIMITED U65900MH2012PTC228826
|
Voluntary Liquidator · Nov 2023 |
Rs 1 Cr | Rs 0 Cr | Rs 1 Cr | 1y 10mo to Oct 2025 |
| SECURITY COMPASS CONSULTING & TRAINING SERVICES PRIVATE LIMITED U72900DL2010FTC358109
7 dated steps in the orderNew Delhi, Court-III
|
Voluntary Liquidator · Apr 2023 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 16 mo to Aug 2024 |
| Mueller Prost Shared Services Private Limited U74999MH2017FTC294562
6 dated steps in the orderMumbai Bench, Court – II
|
Voluntary Liquidator · Jul 2024 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 9 mo to Apr 2025 |
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 countTop 20% of 2,365 ranked
Typical time to outcome10 months
national median 16 months · median of 3 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 Professional16
Liquidator1
Voluntary Liquidator3
Of these, 10 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
Mumbai8 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
New Delhi2 mandates
Bench median 17 months to outcome · 36% resolved (780 concluded cases)
Dhanshyam runs a median 10 months to outcome across 3 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 243 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 Services4
Machinery & Equipment2
Chemicals & Plastics1
Construction & Infrastructure1
Real Estate & Housing1
Healthcare1
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