Resolved — plan approved
3Acquirer 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 |
|---|---|---|---|---|---|
|
MAXIMAA SYSTEMS LIMITED
L27100GJ1990PLC014129
→ acquired by Mr. Prasanna Sai Raghuveer Kandula
|
RP · Feb 2023
|
🔒 | 🔒 | 🔒 | 17 mo
to Apr 2024
|
|
Pranav Construction Systems Private Limited
U29246MH2003PTC142133
→ acquired by J. Kumar Infraprojects Limited
|
IRP · Mar 2022
RP · Apr 2022
|
🔒 | 🔒 | 🔒 | 1y 10mo
to Jan 2024
|
|
PANNAGESHWAR SUGAR MILLS LIMITED
U99999MH1999PLC130803
→ acquired by Vimal Agro
|
IRP · May 2023
RP · Jun 2023
|
🔒 | 🔒 | 🔒 | 1y 10mo
to Mar 2025
|
Liquidation — order passed
104 of 10 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates10on this professional's record
Taken to dissolution46 still in process
Distributed vs liquidation value70.3%across 2 cases with both figures · whole record 79.7%
Order to dissolution20 moaverage over 4 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Gajanan Gangamai Industries LLP
AAC4849
|
IRP · Sep 2021
RP · Nov 2021
Liquidator · Oct 2022
|
🔒 | 🔒 | 🔒 | 13 mo
to Oct 2022
|
|
SHREE MAHALAXMI AGRO FARMS PRIVATE LIMITED
U01119PN2004PTC019500
|
IRP · Dec 2021
RP · Mar 2022
Liquidator · Feb 2023
|
🔒 | 🔒 | 🔒 | 14 mo
to Feb 2023
|
|
SHREE GAJANAN AGRO FARMS PRIVATE LIMITED
U01122PN2004PTC020006
|
IRP · May 2022
RP · Jun 2022
Liquidator · Mar 2023
|
🔒 | 🔒 | 🔒 | 10 mo
to Mar 2023
|
|
Vibrant Fab Private Limited
U17120GJ2011PTC066922
|
RP · Mar 2021
Liquidator · May 2022
|
🔒 | 🔒 | 🔒 | 17 mo
to May 2022
|
|
VACC-SYN BIOTECH PRIVATE LIMITED
U24230MH2007PTC172190
|
IRP · Feb 2020
RP · Mar 2020
Liquidator · Jun 2023
|
🔒 | 🔒 | 🔒 | 3y 4mo
to Jun 2023
|
|
Belgium Aluminium & Glass Industries Private Limited
U27203MH2007PTC172488
|
Liquidator · Dec 2021
|
🔒 | 🔒 | 🔒 | 2y 3mo
to Dec 2021
|
|
BECKHEM TRADING PRIVATE LIMITED
U74900MH2013PTC248324
|
IRP · Mar 2024
RP · May 2024
|
🔒 | 🔒 | 🔒 | 8 mo
to Oct 2024
|
|
Acyuta Services Private Limited
U74999MH2011PTC217380
|
Liquidator · Nov 2023
|
🔒 | 🔒 | 🔒 | 6 mo
to Nov 2023
|
|
SALELINK ECOM PRIVATE LIMITED
U74999MH2016PTC282578
|
RP · Oct 2020
Liquidator · Jan 2023
|
🔒 | 🔒 | 🔒 | 3y 2mo
to Jan 2023
|
|
Way 2 Health Diagnostics Private Limited
U85190MH2014PTC253002
|
IRP · Dec 2019
|
🔒 | 🔒 | 🔒 | 3y 6mo
to Jun 2023
|
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
2Where 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: SUSHITEX INDUSTRIES PRIVATE LIMITED at 1,267 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
SUSHITEX INDUSTRIES PRIVATE LIMITED
U17291MH2010PTC205365
Textiles & Apparel |
IRP · Apr 2023
RP · May 2023
|
1,267d past 330d limit | Under CIRP |
|
Spectra Industries Limited
L74999MH1992PLC067849
Other Services |
IRP · Jun 2023
RP · Feb 2024
|
1,200d 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
2Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
Yashwant Sugar and Power Private Limited
U15422PN2012PTC143740
Food & Agro |
IRP · Dec 2022
IRP · Dec 2022
|
3y 9mo |
|
Techno Satcomm India Private Limited
U72900MH2008PTC178194
Other Services |
IRP · Nov 2023
RP · Dec 2023
|
2y 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 dissolution2 mo
across 1 completed · every VL on record runs 1y 8mo
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| Headroom Financial Technology Services Private Limited U65990DL2019PTC355113
|
Voluntary Liquidator · Jun 2021 |
Rs 1 Cr | Rs 0 Cr | Rs 1 Cr | 2 mo to Sep 2022 |
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 →.
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Claim profile →Activity & context · vs India's IP universe
Activity — mandate countTop 5% of 2,567 ranked
At Mumbai bench — by mandate countTop 10% of 445
Recovery vs liquidation value98.7%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor1 of 2
Typical time to outcome17 months
national median 16 months · median of 13 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 Professional26
Liquidator8
Voluntary Liquidator1
Of these, 12 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
Mumbai15 mandates
Bench median 18 months to outcome · 34% resolved (1,244 concluded cases)
Ahmedabad2 mandates
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
KAMAL runs a median 17 months to outcome across 13 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 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
Other Services8
Food & Agro3
Steel & Metals2
Textiles & Apparel2
Pharmaceuticals1
Machinery & Equipment1
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