Liquidation — order passed
11 of 1 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates1on this professional's record
Taken to dissolution10 still in process
Distributed vs liquidation value117.9%across 1 case with both figures · whole record 79.7%
Order to dissolution33 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Pan India Utilities Distribution Company Limited
U40300MH2012PLC235406
|
IRP · Sep 2019
RP · Nov 2019
Liquidator · Aug 2020
|
🔒 | 🔒 | 🔒 | 11 mo
to Aug 2020
|
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
1Where 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: ESSEL INFRAPROJECTS LIMITED at 755 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
ESSEL INFRAPROJECTS LIMITED
U74999MH1987PLC044006
Other Services |
IRP · Aug 2024
IRP · Aug 2024
|
755d 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Withdrawn / settled
2Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
Lok Housing and Construction Limited
L76210MH1985PLC037143
Real Estate & Housing |
IRP · Jun 2019
RP · Sep 2019
|
7y 3mo |
|
Maharaja Dyeing Private Limited
U18101MH1984PTC032549
Textiles & Apparel |
IRP · Aug 2017
|
9y |
Voluntary liquidations
1Solvent 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.
Typical time to dissolution1y 8mo
median across every VL on record — none of these mandates has reached dissolution yet
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| Channel India Business Solutions Private Limited U72200KA2016FTC087123
|
Voluntary Liquidator · Sep 2024 |
— | — | — | in process |
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 →.
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Activity & context · vs India's IP universe
Activity — mandate count2 mandates on record
Typical time to outcome11 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
Liquidator1
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
Mumbai4 mandates
Bench median 18 months to outcome · 34% resolved (1,247 concluded cases)
Hemant runs a median 11 months to outcome across 1 concluded mandate.
The benches those mandates sit in run at 18 months, weighted by how many of his cases each one holds —
so he is closing 227 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
Real Estate & Housing1
Textiles & Apparel1
Power & Energy1
Other Services1
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