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 |
|---|---|---|---|---|---|
|
VICOR STAINLESS PRIVATE LIMITED
U27109GJ2012PTC070100
→ acquired by Mangalam Worldwide Private Limited
|
RP · Jul 2020
|
🔒 | 🔒 | 🔒 | 2y 4mo
to Jul 2022
|
Liquidation — order passed
8Liquidation mandates8on this professional's record
Taken to dissolution08 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
VHCL INDUSTRIES LIMITED
L27200DN1991PLC000449
|
IRP · Feb 2019
RP · Apr 2019
Liquidator · Jul 2020
|
🔒 | 🔒 | 🔒 | 16 mo
to Jul 2020
|
|
ORG INFORMATICS LIMITED
L29308GJ1976PLC002889
|
IRP · Nov 2018
RP · Feb 2019
Liquidator · Nov 2019
|
🔒 | 🔒 | 🔒 | 12 mo
to Nov 2019
|
|
SHRI JALARAM RICE INDUSTRIES PRIVATE LIMITED
U01531GJ2006PTC049184
|
IRP · Apr 2019
RP · Jun 2019
Liquidator · Sep 2019
|
🔒 | 🔒 | 🔒 | 5 mo
to Sep 2019
|
|
BYINDIA CREATIONS PRIVATE LIMITED
U17291GJ2013PTC075257
|
Liquidator
|
— | — | — | 13 mo
to Jul 2026
|
|
UIC CORPORATION PRIVATE LIMITED
U24110DN2010PTC000420
|
IRP · Feb 2019
RP · Apr 2019
Liquidator · Oct 2019
|
🔒 | 🔒 | 🔒 | 8 mo
to Oct 2019
|
|
HARDIK INDUSTRIAL CORPORATION PRIVATE LIMITED
U24130GJ2010PTC061775
|
IRP · Feb 2019
RP · Apr 2019
Liquidator · Sep 2019
|
🔒 | 🔒 | 🔒 | 7 mo
to Sep 2019
|
|
API INDUSTRIES PRIVATE LIMITED
U24139GJ2010PTC061975
|
IRP · Feb 2019
RP · Apr 2019
Liquidator · Sep 2019
|
🔒 | 🔒 | 🔒 | 7 mo
to Sep 2019
|
|
Dhorajia Engineering Company Private Limited
U29199GJ1988PTC010687
|
IRP · Nov 2019
RP · Jan 2020
Liquidator · Aug 2020
|
🔒 | 🔒 | 🔒 | 9 mo
to Aug 2020
|
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
1Where 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: KSL AND INDUSTRIES LIMITED at 2,577 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
KSL AND INDUSTRIES LIMITED
L17119DN1983PLC000074
Textiles & Apparel |
RP · Jul 2020
|
2,577d past 330d limit | Under CIRP |
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 |
|---|---|---|
|
Kumar Arch Tech Private Limited and Ors
U36999GJ1998PTC033735
|
IRP · Mar 2019
|
7y 5mo |
|
SAKAR LEISURE LIMITED
U93000GJ2017PLC096010
Other Services |
IRP · Apr 2019
|
7y 5mo |
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 dissolution9 mo
across 1 completed · every VL on record runs 1y 8mo
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| ABSOLUTE ENGINEERS PRIVATE LIMITED U29199GJ2002PTC041226
|
Voluntary Liquidator · Mar 2025 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 9 mo to Dec 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 →.
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Claim profile →Activity & context · vs India's IP universe
Activity — mandate countTop 10% of 2,567 ranked
At Ahmedabad bench — by mandate countTop 20% of 132
Recovery vs liquidation value138.9%
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 outcome9 months
national median 16 months · median of 9 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 Professional18
Liquidator8
Voluntary Liquidator1
Of these, 9 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
Ahmedabad12 mandates
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Kiran runs a median 9 months to outcome across 9 concluded mandates.
The benches those mandates sit in run at 15 months, weighted by how many of his cases each one holds —
so he is closing 204 days faster 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
Other Manufacturing4
Textiles & Apparel2
Machinery & Equipment2
Food & Agro1
Steel & Metals1
Other Services1
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