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Home / RP Tracker / Hirachand Nemichand Bafna

Hirachand Nemichand Bafna UNCLAIMED PROFILE

Insolvency Professional · Active since 2019
IPA Indian Institute of Insolvency Professio No current AFA Bench Mumbai · West Reg IBBI/IPA-001/IP-P01207/2018-2019/11922 CPE 88 credits
Other ServicesPower & EnergyChemicals & PlasticsTrading & DistributionOther ManufacturingTextiles & Apparel
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Career composition · 8 CIRP mandates
1
4
3
Resolved 1 Liquidation 4 Under CIRP 3
Appointments by year
'19'20'21'22'23'24'25'26
Overview Resolved 1 Liquidation 4 Under CIRP 3 Voluntary 3 Standing Claim this profile →
Mandates
8cases
top 18% by mandate count
Claims Managed
₹391Cr
across 4 cases with figures
Realised for Creditors
₹54Cr
13.8% of admitted claims
Resolved
1cases
20% resolution rate
Recovery vs LV
116.7%
national avg 166.9%
Avg CIRP Time
1y 11mo
52d slower than national avg
Largest Mandate
₹330 Cr
M/s. Prince SWR Systems…

Resolved — plan approved

1
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
M/s. Prince SWR Systems Private Limited
U25206MH1995PTC086960
IRP · Apr 2021
RP · Apr 2021
🔒 🔒 🔒 11 mo
to Mar 2025

Liquidation — order passed

4
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
DRD GEMS LLP
AAC8670
IRP · Dec 2022
Liquidator · Feb 2024
🔒 🔒 🔒 14 mo
to Feb 2024
VHM Industries Limited
U17100MH1987PLC044506
IRP · Aug 2022
🔒 🔒 🔒 2y 10mo
to Jun 2025
ARIHA CHEMICALS PRIVATE LIMITED
U24301MH2013PTC245730
IRP · May 2019
🔒 🔒 🔒 2y 5mo
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

3
Corporate DebtorRole / AppointedCIRP AgeStage
Paramvir Real Estate LLP
AAB4721
Construction & Infrastructure
IRP · Aug 2019
6y 11mo Under CIRP
ETC ENERGY THERAPY CO PVT LTD
U40300MH2010PTC201185
Power & Energy
IRP · Jul 2024
RP · Aug 2024
2y Inviting EoI
Interspace Solutions Private Limited
U74900MH2013PTC241779
Other Services
IRP · Jun 2019
7y 1mo Under CIRP
Live mandates — admitted claims and recovery are determined only as each case concludes, so figures appear here once an outcome is reached.

Voluntary liquidations

3
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusDissolved
AISA AUTOMOTION & ROBOTICS PRIVATE LIMITED
U29190MH2008PTC178246
Voluntary Liquidator · Mar 2019
₹0 Cr Mar 2020
INMARCO TREM SEALS PRIVATE LIMITED
U29199MH2006PTC162782
Voluntary Liquidator · Mar 2019
₹0 Cr ₹0 Cr Apr 2021
innamrco universal gasket private limited
U51900MH2008PTC187326
Voluntary Liquidator · Mar 2019
₹1 Cr ₹0 Cr ₹1 Cr Jan 2024
Solvent member-voluntary liquidations (s.59) — a separate mandate type from CIRP. Figures shown where an outcome has been filed.
About this data: Profile data is sourced from the IBBI professional register, quarterly newsletters and public announcement records. Comparative figures (percentiles, national averages) are computed across stressed.in's full IBBI universe and refresh as records load. See how every number is sourced, checked and corrected →.
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Activity & context · vs India's IP universe
Activity — mandate countTop 18% of 2,443
At Mumbai bench — by mandate count#138 of 437
Recovery vs LV — vs national avg-50.2 pts
Speed — avg CIRP vs national avg52d slower
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 Professional10
Liquidator1
Voluntary Liquidator3
Sector exposure
Other Services2
Construction & Infrastructure1
Textiles & Apparel1
Other Manufacturing1
Chemicals & Plastics1
Power & Energy1
Trading & Distribution1
Performance summary
Resolution rate20%
Recovery vs LV (claim-wtd)116.7%
Realised vs claims (book)13.8%
IRP appointments8
Data sourceIBBI · NCLT · MCA
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