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Home / RP Tracker / Dushyant C Dave

Dushyant C Dave UNCLAIMED PROFILE

Insolvency Professional · Active since 2016
IPA ICMAI IPA Bench Mumbai · West Reg IBBI/IPA-003/IP-N00061/2017-18/10502 CPE 92 credits
Other ServicesSteel & MetalsOther ManufacturingLogistics & TransportTrading & DistributionFood & Agro
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Viewed 5× in 90 days — what ARCs, banks & funds see when they search this name
Career composition · 15 CIRP mandates
4
8
3
Resolved 4 Liquidation 8 Under CIRP 3
Appointments by year
'17'18'19'20'21'22'23'24'25'26
Overview Resolved 4 Liquidation 8 Under CIRP 3 Standing
Mandates
15cases
Top 10% by mandate count · last appointed Dec 2023
Claims Managed
Rs 36,711Cr
across 12 cases with figures
Realised for Creditors
Rs 1,309Cr
3.6% of admitted claims
Resolved
4cases
33% resolution rate
Recovery vs LV
151.1%
4 of 4 beat the floor
Typical CIRP Time
16 months
nationally 16 months
Largest Mandate
Rs 25,641 Cr
TREND ELECTRONICS LIMIT…

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
National Steel And Agro Industries Limited
L27100MH1985PLC140379
→ acquired by JSW Steel Coated Products Limited
IRP · Apr 2022
IRP · Apr 2022
RP · May 2022
RP · May 2022
🔒 🔒 🔒 13 mo
to May 2023
AMBEY IRON PRIVATE LIMITED
U13100GA2003PTC003274
→ acquired by Bhadrashree Steel and Power Limited
IRP · Mar 2018
🔒 🔒 🔒 1y 6mo
to Oct 2019
ALTIUS DIGITAL PRIVATE LIMITED
U51101MH2015PTC264918
→ acquired by RADIANT GLOBUS HOTELS AND ENTERTAINMENT PRIVATE LIMITED
IRP · Dec 2023
🔒 🔒 🔒 1y 9mo
to Oct 2025
TOPWORTH STEELS AND POWER PRIVATE LIMITED
U51420MH2004PTC146381
→ acquired by Amalgam Steel and Power Limited
IRP · Jan 2020
🔒 🔒 🔒 3y 8mo
to Oct 2023

Liquidation — order passed

8
3 of 8 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates8on this professional's record
Taken to dissolution35 still in process
Distributed vs liquidation value87.6%across 1 case with both figures · whole record 79.7%
Order to dissolution32 moaverage over 3 completed cases
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
TREND ELECTRONICS LIMITED
L99999MH1989PLC052233
IRP · Sep 2018
RP · Oct 2018
🔒 🔒 🔒 4y 4mo
to Feb 2023
Anand Distilleries Private Limited
U15500MH1988PTC046701
IRP · Feb 2018
RP · Mar 2018
🔒 🔒 🔒 5y 5mo
to Aug 2023
Ratnagiri Chemicals Private Limited
U24110MH1991PTC060227
Liquidator · Aug 2023
🔒 🔒 🔒 3y 6mo
to Aug 2023
Shree Radhe Industries Limited
U27103CT2000PLC013979
IRP · Dec 2017
RP · Jan 2018
Liquidator · Sep 2018
🔒 🔒 🔒 9 mo
to Sep 2018
Ramanand Steel Limited
U27106MH1999PLC119531
IRP · Mar 2017
RP · Jun 2018
Liquidator · Nov 2018
🔒 🔒 🔒 7 mo
to Nov 2018
Shirpur Power Private Limited
U40100GJ2005PTC094304
Liquidator · Mar 2021
🔒 🔒 🔒 12 mo
to Mar 2021
Siddhi Vinayak Logistic Limited
U63090GJ2002PLC040982
IRP · Sep 2017
RP · Oct 2017
Liquidator · Nov 2018
🔒 🔒 🔒 14 mo
to Nov 2018
DLS Industries Limited
U74999MH2009PLC189800
IRP · Dec 2016
RP · Jun 2017
Liquidator · Feb 2018
🔒 🔒 🔒 10 mo
to Feb 2018
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

3
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
3past 330d
Longest-running live mandate: Shivam Ispat Private Limited at 3,136 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Shivam Ispat Private Limited
U27108GA1997PTC002354
Other Manufacturing
IRP · Feb 2018
3,136d past 330d limit Under CIRP
Value Industries Limited
L99999MH1988PLC046445
Other Services
IRP · Sep 2018
RP · Sep 2018
2,942d past 330d limit Under CIRP
CENTURY APPLIANCES LIMITED
U74210MH1987PLC043731
Other Services
IRP · Sep 2018
RP · Oct 2018
2,922d 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.
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 10% of 2,567 ranked
At Mumbai bench — by mandate countTop 20% of 445
Recovery vs liquidation value151.1%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor4 of 4
Typical time to outcome16 months
national median 16 months · median of 12 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 Professional24
Liquidator6
Of these, 13 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
Mumbai13 mandates
Bench median 18 months to outcome · 34% resolved (1,250 concluded cases)
Ahmedabad2 mandates
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Dushyant runs a median 16 months to outcome across 12 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 40 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
Steel & Metals2
Other Manufacturing2
Trading & Distribution2
Mining1
Food & Agro1
Chemicals & Plastics1
Power & Energy1
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