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Home / RP Tracker / Hiten Mukundbhai Parikh

Hiten Mukundbhai Parikh UNCLAIMED PROFILE

Insolvency Professional · Gujarat · Active since 2018
IPA ICSI IIP Bench Ahmedabad · West Reg IBBI/IPA-002/IP-N00309/2017-18/10898 CPE 1 credits
Wholesale and Retail TradeConstructionManufacturingOthers (Jewellery, Pharmaceuticals)
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Career composition · 4 CIRP mandates
1
2
1
Resolved 1 Liquidation 2 Under CIRP 1
Appointments by year
'18'19'20'21'22'23'24'25'26
Overview Resolved 1 Liquidation 2 Under CIRP 1 Standing
Mandates
4cases
3 with financials · last appointed Sep 2019
Claims Managed
Rs 4,515Cr
across 3 cases with figures
Realised for Creditors
Rs 14Cr
0.3% of admitted claims
Resolved
1cases
33% resolution rate
Recovery vs LV
241.3%
1 of 1 beat the floor
Typical CIRP Time
14 months
nationally 16 months
Largest Mandate
Rs 4,429 Cr
Shrenuj and Company Lim…

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
TIGER SURGICAL DISPOSABLE PRIVATE LIMITED
U33112GJ2003PTC042558
IRP · Jul 2019
RP · Aug 2019
🔒 🔒 🔒 14 mo
to Sep 2020

Liquidation — order passed

2
1 of 2 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates2on this professional's record
Taken to dissolution11 still in process
Distributed vs liquidation value106.6%across 1 case with both figures · whole record 79.7%
Order to dissolution57 moaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Shrenuj and Company Limited
L99999MH1982PLC026903
IRP · Mar 2019
RP · May 2019
🔒 🔒 🔒 2y 4mo
to Jul 2021
Osaka Pharmaceuticals Private Limited
U24231GJ2004PTC043750
IRP · Oct 2018
🔒 🔒 🔒 12 mo
to Sep 2019
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: B E BILLIMORIA AND COMPANY LIMITED at 2,559 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
B E BILLIMORIA AND COMPANY LIMITED
U45200MH1962PLC012268
Construction & Infrastructure
IRP · Sep 2019
2,559d 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 →.
Report an error →
Activity & context · vs India's IP universe
Activity — mandate count4 mandates on record
Recovery vs liquidation value241.3%
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 outcome14 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 Professional6
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
Mumbai2 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Ahmedabad2 mandates
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Hiten runs a median 14 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 closing 90 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 Services1
Pharmaceuticals1
Electronics & Electricals1
Construction & Infrastructure1

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