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Home / RP Tracker / Gajesh Labhchand Jain

Gajesh Labhchand Jain UNCLAIMED PROFILE

Insolvency Professional · Maharashtra · Active since 2020
IPA ICAI IIIPI Bench Mumbai · West Reg IBBI/IPA-001/IP-P01697/2019-2020/12588 CPE 104 credits
Wholesale and Retail TradeReal EstateManufacturingOthers (Retail GYM chain, Gems and Jewellery, Manufacturing, Auto Ancilliary, Restaurant, Iron and Steel Customisation, Chemicals, Internet Service Provider, )
This profile is unclaimed, so no direct contact is listed. Request an introduction →
Career composition · 19 CIRP mandates
3
6
8
2
Resolved 3 Liquidation 6 Under CIRP 8 Withdrawn / settled 2
Appointments by year
'20'21'22'23'24'25'26
Overview Resolved 3 Liquidation 6 Under CIRP 8 Withdrawn 2 Standing
Mandates
17cases
Top 5% by mandate count · last appointed Feb 2026
Claims Managed
Rs 2,492Cr
across 8 cases with figures
Realised for Creditors
Rs 19Cr
0.8% of admitted claims
Resolved
3cases
33% resolution rate
Recovery vs LV
153.2%
1 of 2 beat the floor
Typical CIRP Time
15 months
nationally 16 months
Largest Mandate
Rs 1,046 Cr
TALWALKARS HEALTHCLUBS …

Resolved — plan approved

3
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
ASHOKA HI-TECH BUILDERS PRIVATE LIMITED
U45200MP2009PTC021551
→ acquired by Devvrat Developers Private Limited
IRP · Jan 2023
RP · Feb 2023
🔒 🔒 🔒 15 mo
to Apr 2024
E&G Global Estates Limited
U45400MH2008PLC182480
→ acquired by Mrs. Asha Shivaji Sanap
IRP · Jun 2020
RP · Sep 2020
🔒 🔒 🔒 3y 1mo
to Aug 2023
BROADBAND PACENET (INDIA) PRIVATE LIMITED
U72900MH2000PTC125900
→ acquired by Marwari Media Corporation Private Limited
RP · Jun 2022
🔒 🔒 🔒 17 mo
to Aug 2023

Liquidation — order passed

6
Liquidation mandates6on this professional's record
Taken to dissolution06 still in process
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
TALWALKARS BETTER VALUE FITNESS LIMITED
L92411MH2003PLC140134
Liquidator · Jun 2022
🔒 🔒 🔒 16 mo
to Apr 2022
SPECIALITY POLYMERS PRIVATE LIMITED
U24295MH1988PTC049233
Liquidator · Jan 2020
🔒 🔒 🔒 12 mo
to Jan 2020
Capacite Structures Limited
U29110MH1996PLC099745
RP · Jan 2020
Liquidator · Jan 2022
🔒 🔒 🔒 2y 3mo
to Dec 2021
RASIKLAL SANKALCHAND JEWELLERS PRIVATE LIMITED
U36900MH2000PTC125362
Liquidator · Feb 2023
🔒 🔒 🔒 8 mo
to Feb 2023
Shri Balaji Entertainments Private Limited
U92190MH2002PTC136254
IRP · Apr 2022
RP · May 2022
🔒 🔒 🔒 9 mo
to Feb 2023
TALWALKARS HEALTHCLUBS LIMITED
U93090MH2016PLC280127
Liquidator · Jun 2022
🔒 🔒 🔒 14 mo
to Apr 2022
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

8
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
8past 330d
Longest-running live mandate: KALRA OVERSEAS & PRECISION ENGINEERING LIMITED at 1,443 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
KALRA OVERSEAS & PRECISION ENGINEERING LIMITED
U28112PN1998PLC013147
Other Manufacturing
IRP · Oct 2022
IRP · Oct 2022
1,443d past 330d limit Under CIRP
N KUMAR HOUSING & INFRASTRUCTURE PRIVATE LIMITED
U55101MH2001PTC130864
Hospitality & Leisure
RP · Feb 2026
1,306d past 330d limit Inviting EoI
COMPUAGE INFOCOM LIMITED
L99999MH1999PLC135914
Other Services
RP · Apr 2024
1,055d past 330d limit Inviting EoI
SPENTA SUN CITY PRIVATE LIMITED
U45209MH2013PTC239924
Construction & Infrastructure
IRP · Jul 2024
804d past 330d limit Under CIRP
Shapos Services Private Limited
U74110KA2020PTC134121
Other Services
RP · Mar 2025
735d past 330d limit Inviting EoI
Nisa Industrial Services Private Limited
U74999MH1992PTC068317
Other Services
IRP · Mar 2025
560d past 330d limit Under CIRP
Paramount Minerals and Chemicals Limited
U72900MH1975PLC018144
IT, Telecom & Media
IRP · Mar 2025
RP · May 2025
546d past 330d limit Inviting EoI
R M BHUTHER AND COMPANY LIMITED
U45201MH2001PLC132232
Construction & Infrastructure
IRP · Sep 2025
IRP · Sep 2025
RP · Oct 2025
RP · Oct 2025
383d past 330d limit Inviting EoI
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

2
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
THYME & REASON HOSPITALITY LLP
AAN0369
Other Services
IRP · Apr 2023
RP · May 2023
3y 5mo
Business Broadcast News Private Limited
U92200MH2007PTC170406
Other Services
IRP · Apr 2023
IRP · Apr 2023
IRP · Apr 2023
5y 8mo
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 10% of 438
Recovery vs liquidation value153.2%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor1 of 2
Typical time to outcome15 months
national median 16 months · median of 9 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 Professional26
Liquidator5
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
Mumbai17 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Indore1 mandate
Bench median 15 months to outcome · 49% resolved (35 concluded cases)
Bengaluru1 mandate
Bench median 12 months to outcome · 27% resolved (177 concluded cases)
Gajesh runs a median 15 months to outcome across 9 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 83 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 Services8
Construction & Infrastructure4
Other Manufacturing3
IT, Telecom & Media2
Machinery & Equipment1
Hospitality & Leisure1

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