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Home / RP Tracker / Jitendra Palande

Jitendra Palande UNCLAIMED PROFILE

Insolvency Professional · Active since 2017
IPA ICMAI IPA Bench Mumbai · West Reg IBBI/IPA-003/IP-N00028/2017-18/10188 CPE 235 credits
Real Estate & HousingSteel & MetalsOther ManufacturingConstruction & InfrastructureFood & AgroTrading & Distribution
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Viewed in 90 days — what ARCs, banks & funds see when they search this name
Career composition · 17 CIRP mandates
4
6
7
Resolved 4 Liquidation 6 Under CIRP 7
Appointments by year
'17'18'19'20'21'22'23'24'25'26
Overview Resolved 4 Liquidation 6 Under CIRP 7 Standing
Mandates
17cases
Top 5% by mandate count · last appointed Sep 2025
Claims Managed
Rs 1,911Cr
across 9 cases with figures
Realised for Creditors
Rs 59Cr
3.1% of admitted claims
Resolved
4cases
40% resolution rate
Recovery vs LV
182.5%
2 of 2 beat the floor
Typical CIRP Time
21 months
nationally 16 months
Largest Mandate
Rs 1,513 Cr
Rite Developers Private…

Resolved — plan approved

4
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
Opal Luxury Time Products Limited
L33309PN2007PLC129597
→ acquired by Univastu India Ltd
RP · Oct 2021
🔒 🔒 🔒 1y 11mo
to Jul 2023
Khandoba Prasanna Sakhar Karkhana Limited
U15421PN2001PLC015691
→ acquired by Sai Agro (India) Chemicals
RP · Mar 2018
🔒 🔒 🔒 1y 6mo
to Aug 2019
Yashraaj Ethanoll Processing Private Limited
U24116PN2007PTC130818
→ acquired by Mr. Santosh Mandlecha, Mr. Rakasheth Mali, Mr. Deepak Maule
IRP · Jul 2017
RP · Aug 2017
🔒 🔒 🔒 12 mo
to Jul 2018
Mudraa Lifespaces Private Limited
U74900PN2015PTC155139
→ acquired by Sayas Cooperative Society Limited
RP for Pre-pack · Dec 2023
🔒 🔒 🔒 15 mo
to Mar 2025

Liquidation — order passed

6
1 of 6 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates6on this professional's record
Taken to dissolution15 still in process
Distributed vs liquidation value166.3%across 2 cases with both figures · whole record 79.7%
Order to dissolution35 moaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Saicon Steels Private Limited
U27100MH2003PTC143498
IRP · May 2018
RP · Jun 2018
Liquidator · Feb 2019
🔒 🔒 🔒 9 mo
to Feb 2019
Parte Casters Private Limited
U28910PN2011PTC140049
IRP · Aug 2017
RP · Sep 2017
🔒 🔒 🔒 6y 4mo
to Jan 2024
Rite Developers Private Limited
U45201MH2002PTC134760
IRP · Mar 2019
IRP · Mar 2019
🔒 🔒 🔒 5y 1mo
to Apr 2024
Forever Entertainment Private Limited
U45202PN2005PTC020237
IRP · Jan 2019
RP · Mar 2019
Liquidator · Jun 2021
🔒 🔒 🔒 2y 4mo
to Jun 2021
Kakade Developers Private Limited
U70102PN2005PTC020491
IRP · Mar 2020
RP · Oct 2020
Liquidator · Sep 2021
🔒 🔒 🔒 18 mo
to Sep 2021
Phoenix Erectors Private Limited
U70102PN2006PTC022045
IRP · Apr 2019
RP · May 2019
Liquidator · Nov 2021
🔒 🔒 🔒 2y 7mo
to Nov 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

7
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
7past 330d
Longest-running live mandate: TARANG EXPORTS PRIVATE LIMITED at 2,411 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
TARANG EXPORTS PRIVATE LIMITED
U51109MH2009PTC195521
Trading & Distribution
IRP · Feb 2020
2,411d past 330d limit Under CIRP
Pooja Land and Premises Private Limited
U70102MH2007PTC167647
Real Estate & Housing
IRP · Apr 2022
RP · May 2022
1,618d past 330d limit Inviting EoI
Superfine Profile and Extrusions Private Limited
U27203PN2001PTC016044
Steel & Metals
IRP · Jan 2024
RP · Apr 2024
995d past 330d limit Inviting EoI
Jogeshwari Breweries Private Limited
U15500PN2009PTC133602
Food & Agro
IRP · Feb 2024
RP · Apr 2024
958d past 330d limit Inviting EoI
Membrane Filters (India) Private Limited
U29197PN2000PTC014959
Machinery & Equipment
IRP · May 2024
RP · Jan 2025
870d past 330d limit Under CIRP
V H Aparadh Hotels Pvt. Ltd.
U55101MH1993PTC073682
Trading & Distribution
IRP · Jul 2024
RP · Sep 2025
785d past 330d limit Under CIRP
Superfine Extrusions Private Limited
U27203MH1997PTC112093
Steel & Metals
IRP · Jan 2025
RP · Feb 2025
625d 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.
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 countTop 5% of 2,308 ranked
At Mumbai bench — by mandate countTop 10% of 438
Recovery vs liquidation value182.5%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor2 of 2
Typical time to outcome21 months
national median 16 months · median of 10 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 Professional30
Liquidator4
Of these, 14 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
Mumbai17 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Jitendra runs a median 21 months to outcome across 10 concluded mandates. The benches those mandates sit in run at 18 months, weighted by how many of his cases each one holds — so he is taking 94 days longer 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
Steel & Metals3
Real Estate & Housing3
Food & Agro2
Other Manufacturing2
Construction & Infrastructure2
Trading & Distribution2
Electronics & Electricals1
Machinery & Equipment1

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