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Home / RP Tracker / Hemant Shripad Shetye

Hemant Shripad Shetye UNCLAIMED PROFILE

Insolvency Professional · Maharashtra · Active since 2023
IPA ICSI IIP Bench Mumbai · West Reg IBBI/IPA-002/IP-N00894/2019-2020/12872 CPE 204 credits
Wholesale and Retail Trade
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Career composition · 2 CIRP mandates
1
1
Liquidation 1 Under CIRP 1
Appointments by year
'23'24'25'26
Overview Liquidation 1 Under CIRP 1 Standing
Mandates
2cases
1 with financials · last appointed May 2023
Claims Managed
Rs 2Cr
across 1 case with figures
Resolved
0cases
0% resolution rate
Typical CIRP Time
9 months
nationally 16 months
Largest Mandate
Rs 2 Cr
PR Castalloys Private L…

Liquidation — order passed

1
Liquidation mandates1on this professional's record
Taken to dissolution01 still in process
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
PR Castalloys Private Limited
U29254MH2012PTC236621
IRP · Feb 2023
RP · Mar 2023
🔒 🔒 🔒 9 mo
to Oct 2023
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: R-BRANDS LIFESTYLE PRIVATE LIMITED at 1,239 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
R-BRANDS LIFESTYLE PRIVATE LIMITED
U24100MH2006PTC161442
Other Manufacturing
IRP · May 2023
1,239d 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.
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 outcome9 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 Professional3
Of these, 2 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
Mumbai2 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Hemant runs a median 9 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 292 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 Manufacturing1
Machinery & Equipment1

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