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 |
|---|---|---|---|---|---|
|
Dharma Extrusions Private Limited
U28113GJ2009PTC057555
→ acquired by Sonal Yogeshbhai Shah (Individual)
|
IRP · Jun 2023
|
🔒 | 🔒 | 🔒 | 1y 9mo
to Mar 2025
|
Liquidation — order passed
21 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 value0.0%across 1 case with both figures · whole record 79.7%
Order to dissolution22 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Kavan Cotton Private Limited
U26914GJ2008PTC053514
|
Liquidator · Apr 2024
|
🔒 | 🔒 | 🔒 | 8 mo
to Apr 2024
|
|
GFM Retail Private Limited
U74900TN2015PTC102467
|
IRP · Mar 2024
RP · May 2024
|
🔒 | 🔒 | 🔒 | 9 mo
to Dec 2024
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.
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 count3 mandates on record
Recovery vs liquidation value245.7%
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 outcome9 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 Professional3
Liquidator1
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
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (447 concluded cases)
Mumbai1 mandate
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Chennai1 mandate
Bench median 13 months to outcome · 20% resolved (503 concluded cases)
Hitesh runs a median 9 months to outcome across 3 concluded mandates.
The benches those mandates sit in run at 16 months, weighted by how many of his cases each one holds —
so he is closing 198 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
Cement, Glass & Ceramics1
Steel & Metals1
Other Services1
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