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Home / RP Tracker / Kailash Shah

Kailash Shah UNCLAIMED PROFILE

Insolvency Professional · Active since 2017
IPA ICAI IIIPI Bench Ahmedabad · West Reg IBBI/IPA-001/IP-P00267/2017-2018/10511 CPE 121 credits
Textiles & ApparelOther ServicesSteel & MetalsChemicals & PlasticsFood & AgroTrading & Distribution
This profile is unclaimed, so no direct contact is listed. Request an introduction →
Viewed 50× in 90 days — what ARCs, banks & funds see when they search this name
Career composition · 43 CIRP mandates
9
18
12
4
Resolved 9 Liquidation 18 Under CIRP 12 Withdrawn / settled 4
Appointments by year
'17'18'19'20'21'22'23'24'25'26
Overview Resolved 9 Liquidation 18 Under CIRP 12 Withdrawn 4 Voluntary 1 Standing
Mandates
39cases
Top 1% by mandate count · last appointed Mar 2026
Claims Managed
Rs 2,917Cr
across 19 cases with figures
Realised for Creditors
Rs 79Cr
2.7% of admitted claims
Resolved
9cases
33% resolution rate
Recovery vs LV
149.2%
5 of 6 beat the floor
Typical CIRP Time
17 months
nationally 16 months
Largest Mandate
Rs 2,326 Cr
ORIENT NEWSPRINT LIMITED

Resolved — plan approved

9
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
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

18
9 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 DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
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

12
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
1181–270d
11past 330d
Longest-running live mandate: Mitashi Edutainment Private Limited at 1,892 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
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

4
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime 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

1
Solvent 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 DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → 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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