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 |
|---|---|---|---|---|---|
|
M/s. Prince SWR Systems Private Limited
U25206MH1995PTC086960
→ acquired by Chemtrade Overseas Private Limited
|
IRP · Apr 2021
RP · Apr 2021
|
🔒 | 🔒 | 🔒 | 3y 10mo
to Mar 2025
|
Liquidation — order passed
4Liquidation mandates4on this professional's record
Taken to dissolution04 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
DRD GEMS LLP
AAC8670
|
IRP · Dec 2022
Liquidator · Feb 2024
|
🔒 | 🔒 | 🔒 | 14 mo
to Feb 2024
|
|
VHM Industries Limited
U17100MH1987PLC044506
|
IRP · Aug 2022
IRP · Aug 2022
|
🔒 | 🔒 | 🔒 | 2y 10mo
to Jun 2025
|
|
ARIHA CHEMICALS PRIVATE LIMITED
U24301MH2013PTC245730
|
IRP · May 2019
|
🔒 | 🔒 | 🔒 | 2y 6mo
to Nov 2021
|
|
VIRGO HOME DEZINER PRIVATE LIMITED
U52609MH2010PTC241562
|
IRP · Feb 2019
|
🔒 | 🔒 | 🔒 | 2y 6mo
to Aug 2021
|
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
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: Paramvir Real Estate LLP at 2,586 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
Paramvir Real Estate LLP
AAB4721
Construction & Infrastructure |
IRP · Aug 2019
|
2,586d past 330d limit | Under CIRP |
|
Interspace Solutions Private Limited
U74900MH2013PTC241779
Other Services |
IRP · Jun 2019
IRP · Jun 2019
|
1,831d past 330d limit | Under CIRP |
|
ETC ENERGY THERAPY CO PVT LTD
U40300MH2010PTC201185
Power & Energy |
IRP · Jul 2024
RP · Aug 2024
|
806d 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
3Solvent 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 dissolution2y 1mo
across 3 completed · every VL on record runs 1y 8mo
Dissolution orders read2 of 3
the tribunal's own order, field by field — expand a row for the dated sequence
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| AISA AUTOMOTION & ROBOTICS PRIVATE LIMITED U29190MH2008PTC178246
|
Voluntary Liquidator · Mar 2019 |
Rs 0 Cr | — | — | 12 mo to Mar 2020 |
| INMARCO TREM SEALS PRIVATE LIMITED U29199MH2006PTC162782
|
Voluntary Liquidator · Mar 2019 |
Rs 0 Cr | — | Rs 0 Cr | 2y 1mo to Apr 2021 |
| innamrco universal gasket private limited U51900MH2008PTC187326
4 dated steps in the orderMUMBAI BENCH: C-IV
|
Voluntary Liquidator · Mar 2019 |
Rs 1 Cr | Rs 0 Cr | Rs 1 Cr | 4y 10mo to Jan 2024 |
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 →
Is this your profile?
This page already exists — buyers already see it. Claiming puts you in control: your photo, your story, your numbers in context, enquiries routed to you.
Claim profile →Activity & context · vs India's IP universe
Activity — mandate count8 mandates on record
Recovery vs liquidation value116.7%
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 outcome30 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 Professional12
Liquidator1
Voluntary Liquidator3
Of these, 8 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
Mumbai7 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Hirachand runs a median 30 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 taking 370 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
Other Services2
Construction & Infrastructure1
Textiles & Apparel1
Other Manufacturing1
Chemicals & Plastics1
Power & Energy1
Trading & Distribution1
Trying to reach Hirachand?
This profile is unclaimed, so direct contact isn't listed. Leave your details and we'll route the introduction.