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Home / RP Tracker / Hemant Sethi

Hemant Sethi UNCLAIMED PROFILE

Insolvency Professional · Delhi · Active since 2021
IPA ICSI IIP Bench New Delhi · North Reg IBBI/IPA-002/IP-N01107/2021-2022/13628 CPE 35 credits
Wholesale and Retail TradeConstructionReal EstateOthers (EDUCATION, CONSULTANCY)
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Career composition · 8 CIRP mandates
2
2
3
1
Resolved 2 Liquidation 2 Under CIRP 3 Withdrawn / settled 1
Appointments by year
'21'22'23'24'25'26
Overview Resolved 2 Liquidation 2 Under CIRP 3 Withdrawn 1 Voluntary 1 Standing
Mandates
7cases
Top 20% by mandate count · last appointed Mar 2026
Claims Managed
Rs 270Cr
across 2 cases with figures
Realised for Creditors
Rs 78Cr
28.8% of admitted claims
Resolved
2cases
50% resolution rate
Recovery vs LV
107.6%
2 of 2 beat the floor
Typical CIRP Time
18 months
nationally 16 months
Largest Mandate
Rs 137 Cr
EMKAY AUTOMOBILE INDUST…

Resolved — plan approved

2
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
EMKAY AUTOMOBILE INDUSTRIES LIMITED
U34300DL2000PLC107525
→ acquired by M/s Belrise Industries Limited
IRP · Oct 2021
RP · Oct 2021
RP · Nov 2021
🔒 🔒 🔒 2y 10mo
to Aug 2024
Singhal Strips Limited
U74899DL1988PLC031426
→ acquired by Puma Realtors Private Limited
IRP · Oct 2023
🔒 🔒 🔒 18 mo
to Apr 2025

Liquidation — order passed

2
Liquidation mandates2on this professional's record
Taken to dissolution02 still in process
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
UNIK BAZAR LIMITED
U52100DL2011PLC225177
Liquidator · Aug 2025
🔒 🔒 🔒
MISSION HOLDINGS PRIVATE LIMITED
U67120DL1996PTC082287
Liquidator · Aug 2025
🔒 🔒 🔒 18 mo
to Aug 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

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.
1181–270d
2past 330d
Longest-running live mandate: Kindle Infraheights Private Limited at 741 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Kindle Infraheights Private Limited
U70100DL2011PTC215638
Real Estate & Housing
IRP · Sep 2024
741d past 330d limit Under CIRP
Euro Tech Maritime Academy Private Limited
U80302KL1999PTC012868
Other Services
IRP · Aug 2025
RP · Aug 2025
396d past 330d limit Inviting EoI
NOBEL BUILDTECH PRIVATE LIMITED
U70102DL2013PTC258879
Real Estate & Housing
IRP · Nov 2024
IRP · Nov 2024
RP · Dec 2024
RP · Dec 2024
IRP · Mar 2026
IRP · Mar 2026
183d in extension 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

1
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
Mak Medicals Private Limited
U24231DL1996PTC083431
Other Manufacturing
IRP · Nov 2021
4y 9mo

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.
Typical time to dissolution1y 8mo median across every VL on record — none of these mandates has reached dissolution yet
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
Vishnu Priya Global India Pvt. Ltd.
U18101DL2008PTC184557
Voluntary Liquidator · Aug 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 →.
Report an error →
Activity & context · vs India's IP universe
Activity — mandate countTop 20% of 2,365 ranked
Recovery vs liquidation value107.6%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor2 of 2
Typical time to outcome18 months
national median 16 months · median of 3 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 Professional14
Liquidator2
Voluntary Liquidator1
Of these, 6 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
New Delhi7 mandates
Bench median 17 months to outcome · 36% resolved (780 concluded cases)
Kochi1 mandate
Bench median 14 months to outcome · 33% resolved (64 concluded cases)
Hemant runs a median 18 months to outcome across 3 concluded mandates. The benches those mandates sit in run at 17 months, weighted by how many of his cases each one holds — so he is taking 38 days longer 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 & Housing3
Other Manufacturing1
Auto & Components1
Trading & Distribution1
Financial Services1
Other Services1

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