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Home / RP Tracker / Dhanshyam Kantilal Patel

Dhanshyam Kantilal Patel UNCLAIMED PROFILE

Insolvency Professional · Maharashtra · Active since 2019
IPA ICAI IIIPI Bench Mumbai · West Reg IBBI/IPA-001/IP-P01373/2018-2019/12155 CPE 136 credits
Wholesale and Retail TradeConstructionReal EstateOthers (Healthcare)
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Career composition · 10 CIRP mandates
3
4
3
Liquidation 3 Under CIRP 4 Withdrawn / settled 3
Appointments by year
'19'20'21'22'23'24'25'26
Overview Liquidation 3 Under CIRP 4 Withdrawn 3 Voluntary 3 Standing
Mandates
7cases
Top 20% by mandate count · last appointed Oct 2024
Claims Managed
Rs 34Cr
across 3 cases with figures
Realised for Creditors
Rs 1Cr
3.4% of admitted claims
Resolved
0cases
0% resolution rate
Typical CIRP Time
10 months
nationally 16 months
Largest Mandate
Rs 18 Cr
HARSH SPECIALITY COATIN…

Liquidation — order passed

3
3 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 DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
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

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.
4past 330d
Longest-running live mandate: Tejas Tradefin LLP at 994 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
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

3
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime 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

3
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.
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 DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → 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 order
New Delhi, Court-III
  1. Members' resolution5 Apr 2023
  2. Commencement6 Apr 2023
  3. Public announcement9 Apr 2023
  4. Claims deadline6 May 2023
  5. Preliminary report19 May 2023
  6. Final report13 Oct 2023
  7. Dissolution order6 Aug 2024
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 order
Mumbai Bench, Court – II
  1. Members' resolution23 Jul 2024
  2. Commencement24 Jul 2024
  3. Public announcement27 Jul 2024
  4. Claims deadline26 Aug 2024
  5. Final report18 Jan 2025
  6. Dissolution order30 Apr 2025
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 →.
Report an error →
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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