HK

Hitesh Kothari

Insolvency Professional · Resolution Professional FREE PROFILE

IPA ICSI Institute of Insolvency Professiona AFA Valid till Jun 2027 Bench data unavailable State data unavailable IBBI Reg IBBI/IPA-002/IP-N00324/2017-2018/10929
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Cases Handled
8
1 with financial detail
Resolved
2
33% resolution rate
Liquidations
4
liquidation orders
Recovery vs Liq. Value
94.0%
natl avg 166.9%
IRP Appointments
8
interim — at CIRP commencement
Mandate totals · across concluded cases
Claims Managed
₹7
Cr · across 1 mandate with figures
Total Realised
₹3
Cr · to creditors
Realised vs Claims
34.6%
across the book
Largest Mandate
₹7 Cr
Value Direct Communicatio…
Resolved — plan approved (2)
Corporate DebtorRole / AppointedAdmittedRealisedRec vs LVHaircut
Nyka Steels Private Limited
U27109MH1995PTC091072
IRP · Feb 2023
RP · Mar 2023
Value Direct Communication Private Limited
U74990MH2010PTC200916
IRP · Feb 2023
₹7 Cr ₹3 Cr 94.0% 65.4%
Liquidation — order passed (4)
Corporate DebtorRole / AppointedAdmittedDistributedRec vs Claims
Costra Advertising India Private Limited
U22190MH2007PTC167348
IRP · Oct 2019
RP · Dec 2019
Liquidator · Feb 2023
JANS COPPER PRIVATE LIMITED
U27310MH2011PTC215149
IRP · Feb 2023
RP · Apr 2023
AGRASEN TRADE MERCHANTS PRIVATE LIMITED
U28100MH2010PTC206067
RP · Mar 2023
IRP · Mar 2023
Matrushree Export Private Limited
U99999MH1991PTC064072
IRP · Feb 2023
RP · Mar 2023
Under CIRP — ongoing (2)
Corporate DebtorRole / AppointedCIRP AgeStage
ELLORA BUILD SPACES PRIVATE LIMITED
U70200MH2009PTC195433
IRP · Nov 2019
6y 6mo data unavailable
D J Appliances Private Limited
U74900MH2008PTC183082
IRP · Apr 2023
RP · Jun 2023
3y 2mo data unavailable
Live mandates — admitted claims and recovery are determined only as each case concludes, so figures appear here once an outcome is reached.
Voluntary Liquidations (4)
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusDissolved
AGRI POWER AND ENGINEERING SOLUTIONS PRIVATE LIMITED
U31900KA2013PTC070549
Voluntary Liquidator · Jan 2025
JUPITER FINSOL PRIVATE LIMITED (OPC)
U67190MH2005OPC155797
Voluntary Liquidator · Mar 2024
TWO OCEANS STRATEGY INDIA PRIVATE LIMITED
U73200DL2020FTC367558
Voluntary Liquidator · Aug 2024
MAHAVIR METAL WORKS PRIVATE LTD
U74899MH1968PTC323075
Voluntary Liquidator · 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 IBBI quarterly newsletters and public announcement records. Only cases where this IP was appointed as Resolution Professional are shown. Data coverage grows as we add historical IBBI newsletters. Report an error →
Performance Summary
Resolution rate 33%
Recovery vs liq. value 94.0% (natl 166.9%)
Recovery vs LV (weighted) 94.0% claim-wtd
Avg haircut (resolved) 65.4% (natl 69.4%)
Sectors covered 0
Data source IBBI Quarterly

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