Resolved — plan approved
9Acquirer 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 |
|---|---|---|---|---|---|
|
BANSAL MULTIFLEX LIMITED
L36100GJ2013PLC077651
→ acquired by Mr. Malay Bhow; listed as Respondent no.1 'Malay Bhow - Resolution Applicant'
|
RP · Mar 2021
|
🔒 | 🔒 | 🔒 | 17 mo
to May 2022
|
|
GSL NOVA PETROCHEMICALS LIMITED
L70101GJ1993PLC020927
→ acquired by I. Mr. Sunil Kataria, II. Rani Kataria III. Anokhilalji Kataria IV. Harsh Kataria V. Nagina Devi Kataria VI. Praveena Devi Kataria VII. Subhadra Kataria VIII Yash Kataria (jointly, "Resolution Applicant")
|
IRP · Mar 2020
RP · Jun 2020
|
🔒 | 🔒 | 🔒 | 1y 6mo
to Oct 2021
|
|
POLYCOAT INDIA PRIVATE LIMITED
U17119GJ1983PTC005840
→ acquired by Akashganga Processors Pvt. Ltd.
|
IRP · Dec 2020
|
🔒 | 🔒 | 🔒 | 2y 7mo
to Jul 2023
|
|
New Empire Textile Processor Private Limited
U17120MH1975PTC018636
→ acquired by Dr. Gulabing Purohit Prop. Of M/s. Purohit Textiles & Processors
|
IRP · Aug 2019
RP · Oct 2019
|
🔒 | 🔒 | 🔒 | 4y 2mo
to Nov 2023
|
|
STERLING LAM LIMITED
U25209GJ2004PLC044396
→ acquired by Naresh Tradelink Private Limited
|
RP · Feb 2021
|
🔒 | 🔒 | 🔒 | 1y 7mo
to Jun 2022
|
|
Sps Autotubes Private Limited
U28999GJ2013PTC075827
→ acquired by Mr. Satish Ashmalji Mehta & Ors
|
IRP · Sep 2023
RP · Oct 2023
|
🔒 | 🔒 | 🔒 | 13 mo
to Oct 2024
|
|
Sysco Industries Limited
U51101KA2009PLC192544
→ acquired by Rathna Packaging India Private Limited
|
IRP · Feb 2020
RP · Mar 2020
|
🔒 | 🔒 | 🔒 | 10 mo
to Jul 2022
|
|
MONA PORTFOLIO LIMITED
U67120DL1996PLC077108
→ acquired by Yucca Merchants Pvt. Ltd
|
RP · Feb 2025
|
🔒 | 🔒 | 🔒 | 14 mo
to Feb 2026
|
|
UNISTAR TRADELINK PRIVATE LIMITED
U74120MH2011PTC212550
→ acquired by K.A. Malle Pharmaceuticals
|
IRP · May 2023
RP · Jun 2023
|
🔒 | 🔒 | 🔒 | 1y 11mo
to May 2025
|
Liquidation — order passed
189 of 18 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates18on this professional's record
Taken to dissolution99 still in process
Distributed vs liquidation value39.4%across 3 cases with both figures · whole record 79.7%
Order to dissolution27 moaverage over 9 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Unique Sugars Limited
U15421MH1981PLC025191
|
RP · Sep 2019
|
🔒 | 🔒 | 🔒 | 6y 4mo
to Jul 2025
|
|
Sarthak Creation Private Limited
U17100GJ2005PTC046384
|
IRP · Aug 2017
RP · Sep 2017
Liquidator · Feb 2018
|
🔒 | 🔒 | 🔒 | 6 mo
to Feb 2018
|
|
SUBHLAXMI DYEING AND PRINTING MILLS PRIVATE LIMITED
U17110GJ1991PTC015392
|
IRP · Oct 2020
RP · Nov 2020
Liquidator · Mar 2021
|
🔒 | 🔒 | 🔒 | 5 mo
to Mar 2021
|
|
Pooja Tex-Prints Private Limited
U17119GJ1989PTC011731
|
IRP · Apr 2017
RP · May 2017
Liquidator · Nov 2017
|
🔒 | 🔒 | 🔒 | 8 mo
to Nov 2017
|
|
PALAV SYNTHETICS PRIVATE LIMITED
U17119GJ1991PTC014979
|
RP · Sep 2020
Liquidator · Apr 2021
|
🔒 | 🔒 | 🔒 | 15 mo
to Apr 2021
|
|
H. SAKHIYA FASHIONS PRIVATE LIMITED
U17120GJ2012PTC068499
|
Liquidator · Jul 2020
|
🔒 | 🔒 | 🔒 | 9 mo
to Jul 2020
|
|
H Sharda Texfab Private Limited
U17120GJ2012PTC068500
|
RP · Jun 2020
Liquidator · Jan 2021
|
🔒 | 🔒 | 🔒 | 12 mo
to Jan 2021
|
|
YUG WEAVE TECH PRIVATE LIMITED
U17120GJ2015PTC081783
|
IRP · Oct 2020
RP · Nov 2020
|
🔒 | 🔒 | 🔒 | 1y 8mo
to Jul 2022
|
|
VIRAR FABRICS PRIVATE LIMITED
U17120GJ2015PTC085083
|
IRP · Mar 2021
RP · Mar 2021
Liquidator · Aug 2022
|
🔒 | 🔒 | 🔒 | 17 mo
to Aug 2022
|
|
ORIENT NEWSPRINT LIMITED
U25209GJ1981PLC004598
|
Liquidator · Mar 2024
|
🔒 | 🔒 | 🔒 | 9 mo
to Mar 2024
|
|
Ashapuri Metals Private limited
U27203GJ2001PTC039308
|
IRP · Jul 2019
RP · Aug 2019
Liquidator · Jul 2020
|
🔒 | 🔒 | 🔒 | 12 mo
to Jul 2020
|
|
OMSHRI DEVPROCON LIMITED
U45200GJ2005PLC046194
|
Liquidator · Jul 2025
|
🔒 | 🔒 | 🔒 | 2y 10mo
to Jul 2025
|
|
Jaatvedas Construction Company Pvt Ltd
U45202MH2011PTC213252
|
RP · Jan 2023
|
🔒 | 🔒 | 🔒 | 2y 11mo
to Sep 2025
|
|
WEL INTERTRADE PRIVATE LIMITED
U51909DL1973PTC006489
|
Liquidator · Sep 2025
|
🔒 | 🔒 | 🔒 | 12 mo
to Sep 2025
|
|
EUPHORIA TECHNOLOGIES PRIVATE LIMITED
U72900GJ2010PTC063439
|
RP · Sep 2023
RP · Sep 2023
|
🔒 | 🔒 | 🔒 | 4y 10mo
to Jan 2026
|
|
SUMTECH INFOSYSTEM PRIVATE LIMITED
U74120MH2012PTC231227
|
RP · Mar 2024
|
🔒 | 🔒 | 🔒 | 10 mo
to Dec 2024
|
|
TUSCAN CONSULTANTS AND DEVELOPERS PRIVATE LIMITED
U85110KA1993PTC014087
|
Liquidator · Mar 2026
|
🔒 | 🔒 | 🔒 | 2y 5mo
to Mar 2026
|
|
HONEST DERIVATIVES PRIVATE LIMITED
U93000GJ2007PTC051271
|
IRP · May 2020
IRP · May 2020
RP · Jun 2021
RP · Jun 2021
|
🔒 | 🔒 | 🔒 | 5y 4mo
to Oct 2025
|
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
12Where 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: Mitashi Edutainment Private Limited at 1,892 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
Mitashi Edutainment Private Limited
U92110MH2000PTC128809
Other Services |
RP · Oct 2021
|
1,892d past 330d limit | Under CIRP |
|
Zisafe Consultancy Services Pvt. Ltd.
U27100MH1995PTC087173
Steel & Metals |
RP · Feb 2025
|
1,455d past 330d limit | Inviting EoI |
|
Velnik India Limited
U24100RJ2017PLC058778
Other Manufacturing |
IRP · Nov 2022
|
1,408d past 330d limit | Under CIRP |
|
NIRBHAY RASAYAN PRIVATE LIMITED
U24110MH1987PTC042810
Chemicals & Plastics |
IRP · Oct 2023
RP · Nov 2023
|
1,070d past 330d limit | Inviting EoI |
|
RAMESHWAR TEXTILE MILLS PRIVATE LIMITED
U17110MH1988PTC048546
Textiles & Apparel |
IRP · Jan 2024
RP · Jan 2024
|
996d past 330d limit | Inviting EoI |
|
LUMIFORD PRIVATE LIMITED
U32309TG2017PTC146294
Electronics & Electricals |
RP · Aug 2024
RP · Aug 2024
|
836d past 330d limit | Inviting EoI |
|
ITSOURCE TECHNOLOGIES LIMITED
U72900MH1998PLC114091
IT, Telecom & Media |
IRP · Sep 2024
RP · Oct 2024
|
748d past 330d limit | Inviting EoI |
|
Shri Gumandev Processors Private Limited
U17124GJ2003PTC043185
Textiles & Apparel |
IRP · Jul 2019
IRP · Jul 2019
RP · Aug 2019
RP · Aug 2019
IRP · Oct 2024
IRP · Oct 2024
|
703d past 330d limit | Under CIRP |
|
MANAS VYAPAR PRIVATE LIMITED
U99999MH1992PTC069733
Other Services |
IRP · Oct 2024
RP · Nov 2024
|
695d past 330d limit | Under CIRP |
|
CUBATICS INDUSTRIES PRIVATE LIMITED
U17291MH2014PTC254110
Textiles & Apparel |
IRP · Oct 2021
IRP · Oct 2021
|
477d past 330d limit | Inviting EoI |
|
DIGIZONE TECHNOLOGY PRIVATE LIMITED
U74999MH2012PTC230900
Other Services |
IRP · Aug 2025
RP · Sep 2025
|
394d past 330d limit | Inviting EoI |
|
CROPBERRY FOODS PRIVATE LIMITED
U01110RJ2020PTC070211
Food & Agro |
IRP · Feb 2026
Deemed RP · Mar 2026
|
233d in extension | 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
4Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
JINAAM'S DRESS LIMITED
L17120GJ2011PLC064247
Textiles & Apparel |
IRP · Jan 2021
|
6y |
|
Jaibhagwati Texprint Private Limited
U17110GJ1997PTC033152
Textiles & Apparel |
IRP · Dec 2019
|
6y 9mo |
|
Gajanand Creation Private Limited
U17120GJ2009PTC056758
Textiles & Apparel |
IRP · Mar 2020
|
6y 6mo |
|
Altius Travels Private Limited
U63040GJ2009PTC058466
Logistics & Transport |
IRP · Nov 2020
RP · Dec 2020
|
5y 10mo |
Voluntary liquidations
1Solvent member-voluntary liquidations under s.59 — a separate mandate type from CIRP, and a different job: no creditors' committee, no resolution plan, a surplus to return.
Median time to dissolution12d
across 1 completed · every VL on record runs 1y 8mo
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| Adil Infratech Private Limited U45201GJ2010PTC059253
|
Voluntary Liquidator · Dec 2024 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 12d to Jan 2025 |
Figures shown where an outcome has been filed. The dated sequence inside a row is read from the tribunal's dissolution order itself, one field at a time, with the page it came from held against it. Regulation 37 (as amended with effect from 31 January 2024) sets 270 days from commencement where the creditors approved the resolution and 90 days where they were not required to — this page does not assign a per-case target, because whether creditors approved is recorded in these orders as prose and has not been classified. The comparison shown is the median of every voluntary liquidation on record: same statistic, same basis.
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 1% of 2,308 ranked
At Ahmedabad bench — by mandate countTop 1% of 130
Recovery vs liquidation value149.2%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor5 of 6
Typical time to outcome17 months
national median 16 months · median of 27 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 Professional67
Liquidator12
Voluntary Liquidator1
Of these, 26 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
Ahmedabad24 mandates
Bench median 15 months to outcome · 32% resolved (447 concluded cases)
Mumbai13 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Jaipur2 mandates
Bench median 17 months to outcome · 39% resolved (75 concluded cases)
New Delhi2 mandates
Bench median 17 months to outcome · 36% resolved (780 concluded cases)
Kailash runs a median 17 months to outcome across 27 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 moving at the pace of his own forums, within a month either way.
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
Textiles & Apparel16
Other Services8
Chemicals & Plastics3
Steel & Metals3
Other Manufacturing2
Food & Agro2
Construction & Infrastructure2
Trading & Distribution2
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