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Home / RP Tracker / Dhiren Shantilal Shah

Dhiren Shantilal Shah UNCLAIMED PROFILE

Insolvency Professional · Maharashtra · Active since 2017
IPA ICAI IIIPI Bench Mumbai · West Reg IBBI/IPA-001/IP-P00220/2017-18/10419 CPE 127 credits
ElectricityWholesale and Retail TradeConstructionReal EstateManufacturingTransportOthers (Automobile, Media, Port, Telecommunications)
This profile is unclaimed, so no direct contact is listed. Request an introduction →
Career composition · 24 CIRP mandates
4
11
4
5
Resolved 4 Liquidation 11 Under CIRP 4 Withdrawn / settled 5
Appointments by year
'17'18'19'20'21'22'23'24'25'26
Overview Resolved 4 Liquidation 11 Under CIRP 4 Withdrawn 5 Standing
Mandates
19cases
Top 5% by mandate count · last appointed May 2025
Claims Managed
Rs 605Cr
across 13 cases with figures
Realised for Creditors
Rs 97Cr
16.0% of admitted claims
Resolved
4cases
27% resolution rate
Recovery vs LV
120.3%
2 of 2 beat the floor
Typical CIRP Time
15 months
nationally 16 months
Largest Mandate
Rs 154 Cr
HIGH GROUND ENTERPRISE …

Resolved — plan approved

4
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
HIGH GROUND ENTERPRISE LIMITED
L74999MH1986PLC222681
→ acquired by Shanti G D Ispat and Power Limited
IRP · Feb 2023
RP · Mar 2023
🔒 🔒 🔒 18 mo
to Aug 2024
LATAKISAN CONSTRUCTIONS PRIVATE LIMITED
U45201MH2014PTC253842
→ acquired by Shri Kisan Kashiprasad Borele
Liquidator · Aug 2024
🔒 🔒 🔒 2y 5mo
to Dec 2025
DADI IMPEX PRIVATE LIMITED
U51909MH2003PTC139055
→ acquired by Mr. Anand Prakash Choudhari and Mrs. Manju Choudhari (jointly referred to as 'the Resolution Applicant')
RP · Nov 2019
🔒 🔒 🔒 12 mo
to May 2019
STERLING HEALTHCARE LIMITED
U85110MH2007PLC171223
→ acquired by Mrs. Kanak S. Kewalramani
IRP · Dec 2023
RP · Jan 2024
🔒 🔒 🔒 1y 11mo
to Nov 2025

Liquidation — order passed

11
4 of 11 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates11on this professional's record
Taken to dissolution47 still in process
Distributed vs liquidation value156.5%across 3 cases with both figures · whole record 79.7%
Order to dissolution45 moaverage over 4 completed cases
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
KAY EM COPPER PRIVATE LIMITED
U27101DL2011PTC226819
IRP · Apr 2021
🔒 🔒 🔒 1y 10mo
to Mar 2023
NORTON ALUMINIUM (INDIA) PRIVATE LIMITED
U27310MH2007FTC169872
IRP · Jun 2018
RP · Sep 2018
Liquidator · May 2019
🔒 🔒 🔒 11 mo
to May 2019
BALDEO METALS PRIVATE LIMITED
U28113DL1997PTC084694
IRP · Jun 2020
🔒 🔒 🔒 9 mo
to Mar 2021
GI INTERNATIONAL PRIVATE LIMITED
U29253WB2011PTC163890
IRP · May 2022
RP · Jun 2022
Liquidator · Jun 2023
🔒 🔒 🔒 13 mo
to Jun 2023
CT Ramanathan Infrastructure Private Limited
U45200TN2008PTC066297
IRP · Nov 2017
🔒 🔒 🔒 17 mo
to May 2019
BAYWATCH SHELTERS PRIVATE LIMITED
U45200TN2008PTC066655
IRP · Mar 2019
RP · Apr 2019
Liquidator · Sep 2019
🔒 🔒 🔒 6 mo
to Sep 2019
GLOBAL GALLARIE AGENCIES PRIVATE LIMITED
U51909MH2006PTC163411
IRP · Dec 2017
RP · Jan 2018
Liquidator · Jul 2023
🔒 🔒 🔒 5y 6mo
to Jul 2023
MEKA DREDGING COMPANY PRIVATE LIMITED
U61100TN2005PTC055450
IRP · Aug 2017
RP · Mar 2018
Liquidator · Sep 2018
🔒 🔒 🔒 8 mo
to Sep 2018
LOGIX EXPRESS PRIVATE LIMITED
U64100GJ2011PTC067415
IRP · Nov 2017
RP · Jan 2018
Liquidator · Feb 2019
🔒 🔒 🔒 15 mo
to Feb 2019
Majestic Research Support Services Limited
U74130MH2003PLC143000
IRP · Dec 2019
RP · Jan 2020
🔒 🔒 🔒 4y 4mo
to May 2024
PRANA STUDIOS PRIVATE LIMITED
U92199MH2001PTC130974
Liquidator · Jul 2024
🔒 🔒 🔒 10 mo
to Jul 2024
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: GMV AGENCIES PRIVATE LIMITED at 3,280 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
GMV AGENCIES PRIVATE LIMITED
U51909MH2002PTC137492
Trading & Distribution
IRP · Sep 2017
RP · Nov 2017
3,280d past 330d limit Under CIRP
Vama Apparels India Private Limited
U51311MH1997PTC110183
Trading & Distribution
RP · Aug 2018
3,050d past 330d limit Under CIRP
TUTICORIN COAL TERMINAL PRIVATE LIMITED
U61200MH2010PTC206696
Logistics & Transport
IRP · Feb 2020
RP · Mar 2020
2,406d past 330d limit Inviting EoI
Shreyasi Infra Private Limited
U45400MH2013PTC250578
Construction & Infrastructure
IRP · Jan 2022
1,701d 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

5
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
POWERAGE TOWERS LIMITED
U31300MP2005PLC017880
Machinery & Equipment
IRP · May 2022
4y 4mo
Raju Construction Co and Shelters Private Limited
U45400DL2011PTC212924
Construction & Infrastructure
IRP · May 2019
7y 4mo
VS OMNITRADE INDIA PRIVATE LIMITED
U52590MH2011PTC219047
Trading & Distribution
IRP · Oct 2022
RP · Nov 2022
3y 11mo
CEDAR INFONET PRIVATE LIMITED
U72200DL2000PTC107657
Other Services
IRP · Jul 2019
RP · Sep 2019
7y 2mo
Tikona Infinet Private Limited
U74899MH1975PTC265837
Other Services
IRP · May 2025
17 mo
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 5% of 2,365 ranked
At Mumbai bench — by mandate countTop 5% of 438
Recovery vs liquidation value120.3%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor2 of 2
Typical time to outcome15 months
national median 16 months · median of 15 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 Professional35
Liquidator8
Of these, 20 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
Mumbai14 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
New Delhi4 mandates
Bench median 17 months to outcome · 36% resolved (780 concluded cases)
Chennai3 mandates
Bench median 13 months to outcome · 20% resolved (503 concluded cases)
Kolkata1 mandate
Bench median 14 months to outcome · 33% resolved (530 concluded cases)
Dhiren runs a median 15 months to outcome across 15 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 closing 75 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
Construction & Infrastructure5
Trading & Distribution5
Other Services4
Logistics & Transport3
Other Manufacturing2
Machinery & Equipment2
Steel & Metals1
Healthcare1

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