Resolved — plan approved
1Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
| Corporate Debtor | Role / Appointed | Admitted | Realised | Rec vs LV | Duration |
|---|---|---|---|---|---|
|
RCHEM INDUSTRIES PRIVATE LIMITED
U51109PB1999PTC023005
→ acquired by ARCL Organics Limited (CIN-U24121WB1992-PLC056562)
|
IRP · Oct 2021
RP · Nov 2021
|
🔒 | 🔒 | 🔒 | 15 mo
to Dec 2022
|
Under CIRP — live
3Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
Longest-running live mandate: FARM2ENERGY PRIVATE LIMITED at 743 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
FARM2ENERGY PRIVATE LIMITED
U40109PB2016PTC045556
Power & Energy |
IRP · Sep 2024
RP · Oct 2024
|
743d past 330d limit | Under CIRP |
|
TUNG BUILDERS PRIVATE LIMITED
U45209PB2014PTC039094
Construction & Infrastructure |
IRP · Nov 2022
IRP · Nov 2022
|
532d past 330d limit | Inviting EoI |
|
SHARNARTHI FINANCE LIMITED
U65921PB1991PLC010954
Financial Services |
IRP · Sep 2025
|
362d 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.
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 count4 mandates on record
Recovery vs liquidation value181.9%
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 outcome15 months
national median 16 months · median of 1 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 Professional7
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
Chandigarh4 mandates
Bench median 20 months to outcome · 37% resolved (210 concluded cases)
Harish runs a median 15 months to outcome across 1 concluded mandate.
The benches those mandates sit in run at 20 months, weighted by how many of his cases each one holds —
so he is closing 180 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
Power & Energy1
Construction & Infrastructure1
Trading & Distribution1
Financial Services1
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