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 |
|---|---|---|---|---|---|
|
SINTEX-BAPL LIMITED
U25199GJ2007PLC051364
→ acquired by Consortium of Propel Plastic Products Private Limited And Plastauto Private Limited (erstwhile Tubular Pipes Private Limited), Through Propel Plastic Products Private Limited
|
IRP · Dec 2020
|
🔒 | 🔒 | 🔒 | 2y 2mo
to Mar 2023
|
Liquidation — order passed
1Liquidation mandates1on this professional's record
Taken to dissolution01 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
DOSHION WATER SOLUTION PRIVATE LIMITED
U41000MH2007PTC173486
|
IRP · Aug 2018
RP · Oct 2018
|
🔒 | 🔒 | 🔒 | 3y
to Sep 2021
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.
Withdrawn / settled
2Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
NEW GUJARAT POLYPLAST PRIVATE LIMITED
U25209GJ1983PTC005913
Other Manufacturing |
IRP · May 2019
RP · Jun 2019
|
7y 4mo |
|
Edunova Educational Research and Training Private Limited
U80903GJ2008PTC053184
Other Services |
IRP · Jan 2020
RP · Feb 2020
|
6y 8mo |
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 count2 mandates on record
Recovery vs liquidation value103.6%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor1 of 1
Typical time to outcome32 months
national median 16 months · median of 2 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 Professional7
Of these, 4 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
Ahmedabad3 mandates
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Mumbai1 mandate
Bench median 18 months to outcome · 34% resolved (1,250 concluded cases)
Ketulbhai runs a median 32 months to outcome across 2 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 taking 479 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
Chemicals & Plastics1
Other Manufacturing1
Power & Energy1
Other Services1
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