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Home / RP Tracker / gaurang chhotalal shah

gaurang chhotalal shah UNCLAIMED PROFILE

Insolvency Professional · Maharashtra · Active since 2022
IPA ICSI IIP Bench Mumbai · West Reg IBBI/IPA-002/IP-N00947/2019-2020/13002 CPE 122 credits
ManufacturingOthers (Auto,Pharma)
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Career composition · 6 CIRP mandates
1
4
1
Resolved 1 Liquidation 4 Under CIRP 1
Appointments by year
'22'23'24'25'26
Overview Resolved 1 Liquidation 4 Under CIRP 1 Voluntary 1 Standing
Mandates
6cases
4 with financials · last appointed Jun 2025
Claims Managed
Rs 478Cr
across 4 cases with figures
Realised for Creditors
Rs 7Cr
1.4% of admitted claims
Resolved
1cases
20% resolution rate
Recovery vs LV
3,633.3%
1 of 1 beat the floor
Typical CIRP Time
9 months
nationally 16 months
Largest Mandate
Rs 422 Cr
Blue Arcade Properties …

Resolved — plan approved

1
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
MYP Enterprises Limited
U18101MH2006PLC159911
→ acquired by D.H Exports Private Limited
IRP · May 2023
RP · Jun 2023
🔒 🔒 🔒 17 mo
to Oct 2024

Liquidation — order passed

4
Liquidation mandates4on this professional's record
Taken to dissolution04 still in process
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Grand Auto Udyog Private Limited
U50402OR2011PTC013389
Liquidator · Oct 2024
🔒 🔒 🔒 7 mo
to Oct 2024
Blossom Grocery & Foods India Private Limited
U52100MH2007PTC172502
Liquidator · Dec 2023
🔒 🔒 🔒 6 mo
to Dec 2023
Blue Arcade Properties Private Limited
U70200MH2005PTC152665
IRP · Apr 2024
RP · May 2024
🔒 🔒 🔒 9 mo
to Dec 2024
VIILBERY HEALTHCARE PRIVATE LIMITED
U85100MH2008PTC184527
IRP · Jul 2024
RP · Aug 2024
Liquidator · Jun 2025
🔒 🔒 🔒 11 mo
to Jun 2025
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

1
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
1past 330d
Longest-running live mandate: PERFECT INFRAENGINEERS LIMITED at 799 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
PERFECT INFRAENGINEERS LIMITED
L29190MH1996PLC099583
Machinery & Equipment
IRP · Jul 2024
RP · Aug 2024
799d 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.

Voluntary liquidations

1
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 dissolution11 mo across 1 completed · every VL on record runs 1y 8mo
Dissolution orders read1 of 1 the tribunal's own order, field by field — expand a row for the dated sequence
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
HPT Consulting Private Limited
U74110MH2016PTC284105
7 dated steps in the order
Mumbai Bench: C-IV
  1. Members' resolution8 Dec 2022
  2. Commencement10 Dec 2022
  3. Public announcement13 Dec 2022
  4. Preliminary report19 Jan 2023
  5. Final report10 Mar 2023
  6. Application to bench24 Mar 2023
  7. Dissolution order24 Nov 2023
Voluntary Liquidator · Dec 2022
Rs 0 Cr Rs 0 Cr Rs 0 Cr 11 mo
to Nov 2023
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 count6 mandates on record
Recovery vs liquidation value3,633.3%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor1 of 1
Typical time to outcome9 months
national median 16 months · median of 5 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 Professional8
Liquidator3
Voluntary Liquidator1
Of these, 4 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
Mumbai5 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Cuttack1 mandate
Bench median 18 months to outcome · 35% resolved (49 concluded cases)
gaurang runs a median 9 months to outcome across 5 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 286 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
Trading & Distribution2
Machinery & Equipment1
Textiles & Apparel1
Real Estate & Housing1
Other Services1

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