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 |
|---|---|---|---|---|---|
|
Value Direct Communication Pvt. Ltd.
U74990MH2010PTC200916
→ acquired by Tatkal Loan India Private Limited
|
RP · Apr 2023
|
🔒 | 🔒 | 🔒 | 1y 7mo
to Oct 2024
|
Liquidation — order passed
102 of 10 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates10on this professional's record
Taken to dissolution28 still in process
Distributed vs liquidation value129.4%across 1 case with both figures · whole record 79.7%
Order to dissolution30 moaverage over 2 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Rajmangal Milk & Agro Foods Private Limited
U15200PN2011PTC140163
|
IRP · Mar 2022
|
🔒 | 🔒 | 🔒 | 7 mo
to Oct 2022
|
|
Warana Dairy and Agro Industries Limited
U15203PN2008PLC132174
|
Liquidator · Apr 2023
|
🔒 | 🔒 | 🔒 | 1y 7mo
to Apr 2023
|
|
Sanvi Milk and Milk Products Private Limited
U15549PN2017PTC171097
|
IRP · Nov 2021
RP · Jan 2022
Liquidator · Feb 2023
|
🔒 | 🔒 | 🔒 | 15 mo
to Feb 2023
|
|
M K FASHION HUB PRIVATE LIMITED
U18109GJ2020PTC116413
|
IRP · Oct 2024
RP · Nov 2024
|
— | — | — | 1y 11mo
to Sep 2026
|
|
TIRUPATI FABRICATORS P LTD
U27300MH1989PTC054062
|
IRP · Oct 2023
RP · Nov 2023
|
🔒 | 🔒 | 🔒 | 12 mo
to Sep 2024
|
|
DSK Motors Private Ltd.
U34102PN1999PTC013505
|
Liquidator · Mar 2020
|
🔒 | 🔒 | 🔒 | 11 mo
to Mar 2020
|
|
Starlite Jewels Private Ltd.
U36911MH2002PTC136637
|
IRP · Feb 2023
RP · Mar 2023
|
🔒 | 🔒 | 🔒 | 11 mo
to Jan 2024
|
|
First Flight Couries Limited
U64100MH1988PLC047228
|
IRP · Oct 2022
RP · Nov 2022
|
— | — | — | 3y 7mo
to May 2026
|
|
VIZTAR INTERNATIONAL PRIVATE LIMITED
U80301MH2007PTC174600
|
IRP · Feb 2025
|
🔒 | 🔒 | 🔒 | 12 mo
to Mar 2026
|
|
SHREE DAKSH JYOT SILK MILLS PRIVATE LIMITED
U99999MH1988PTC047141
|
Liquidator · Dec 2021
|
🔒 | 🔒 | 🔒 | 1y 9mo
to Dec 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
5Where 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: Bangalore Blues Entertainment India Private Limited at 1,263 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
Bangalore Blues Entertainment India Private Limited
U55101KA2012PTC064410
Hospitality & Leisure |
IRP · Apr 2023
RP · May 2023
|
1,263d past 330d limit | Inviting EoI |
|
Mavin Switchgears and Control Private Limited
U26960MH2012PTC238334
Other Manufacturing |
IRP · Feb 2024
|
963d past 330d limit | Under CIRP |
|
Chemstar Organics (India) Limited
U25200MH1985PLC060434
Chemicals & Plastics |
IRP · Dec 2022
IRP · Dec 2022
IRP · Feb 2025
IRP · Feb 2025
Deemed RP · Apr 2025
Deemed RP · Apr 2025
|
584d past 330d limit | Inviting EoI |
|
TIRUPATI POLYPLAST IRRIGATION SYSTEMS PRIVATE LIMITED
U01403MH2015PTC262580
Food & Agro |
IRP · Apr 2025
RP · May 2025
|
541d past 330d limit | Inviting EoI |
|
SRI LAKSHMI MOTOR SERVICE PRIVATE LIMITED
U50300KA2002PTC030408
Trading & Distribution |
IRP · Aug 2025
RP · Sep 2025
|
403d 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.
Withdrawn / settled
1Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
Gufic Bioscience Limited
L24100MH1984PLC033519
Other Manufacturing |
IRP · Oct 2019
|
6y 11mo |
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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Claim profile →Activity & context · vs India's IP universe
Activity — mandate countTop 10% of 2,567 ranked
At Mumbai bench — by mandate countTop 20% of 445
Recovery vs liquidation value94.0%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor0 of 1
Typical time to outcome15 months
national median 16 months · median of 11 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 Professional27
Liquidator4
Of these, 13 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
Mumbai14 mandates
Bench median 18 months to outcome · 34% resolved (1,244 concluded cases)
Bengaluru2 mandates
Bench median 12 months to outcome · 27% resolved (176 concluded cases)
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Indrajit runs a median 15 months to outcome across 11 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 57 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 Manufacturing4
Food & Agro4
Other Services3
Textiles & Apparel1
Chemicals & Plastics1
Machinery & Equipment1
Trading & Distribution1
Hospitality & Leisure1
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