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 |
|---|---|---|---|---|---|
|
Ricoh India Limited
L74940MH1993PLC074694
→ acquired by Consortium of Mr. Kalpraj Dharamshi and Mrs. Rekha Jhunjhunwala
|
IRP · May 2018
RP · Jun 2018
|
🔒 | 🔒 | 🔒 | 1y 6mo
to Nov 2019
|
|
India Mega Agro Anaj Limited
U01110MH2010PLC204475
→ acquired by Mr. Chinyya N. Dumplwar
|
IRP · Nov 2022
RP · Jan 2024
|
🔒 | 🔒 | 🔒 | 2y 6mo
to Jun 2025
|
|
Trimax IT Infrastructure & Services Limited
U30000MH1995PLC091944
→ acquired by Ebix Software India Pvt Ltd
|
IRP · Feb 2019
|
🔒 | 🔒 | 🔒 | 14 mo
to May 2020
|
Liquidation — order passed
82 of 8 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates8on this professional's record
Taken to dissolution26 still in process
Distributed vs liquidation value63.7%across 2 cases with both figures · whole record 79.7%
Order to dissolution47 moaverage over 2 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Usher Agro Limited
L01100MH1996PLC100380
|
Liquidator · Mar 2018
IRP · Mar 2018
RP · Apr 2018
|
🔒 | 🔒 | 🔒 | 12 mo
to Mar 2019
|
|
C. MAHENDRA EXPORTS LIMITED
L27205MH2007PLC166717
|
Liquidator · Jul 2025
|
🔒 | 🔒 | 🔒 | 10 mo
to Jul 2025
|
|
Mercator Limited
L63090MH1983PLC031418
|
Liquidator · May 2025
|
🔒 | 🔒 | 🔒 | 2y
to Feb 2023
|
|
Datta Krupa Roller Flour Mill Private Limited
U01119MH2005PTC245062
|
IRP · Apr 2023
RP · Jul 2023
|
🔒 | 🔒 | 🔒 | 15 mo
to Jul 2024
|
|
Aditya Polymers and Chemicals (India) Private Limited
U25207PN2004PTC018888
|
Liquidator · Jan 2021
|
🔒 | 🔒 | 🔒 | 17 mo
to Jan 2021
|
|
Usher Eco Power Limited
U40102MH2007PLC172552
|
Liquidator · May 2024
|
🔒 | 🔒 | 🔒 | 1y 8mo
to Mar 2024
|
|
Eurolife Healthcare Private Limited
U51900MH1987PTC043106
|
Liquidator · Dec 2023
Liquidator · Dec 2023
|
🔒 | 🔒 | 🔒 | 17 mo
to Dec 2023
|
|
Pik Resource India Private Limited
U74110MH1998PTC117707
|
Liquidator · Aug 2024
|
🔒 | 🔒 | 🔒 | 1y 6mo
to Aug 2024
|
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
4Where 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: PARSOLI MOTOR WORKS PRIVATE LIMITED at 2,303 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
PARSOLI MOTOR WORKS PRIVATE LIMITED
U29199GJ2007PTC051546
Machinery & Equipment |
RP · Aug 2020
|
2,303d past 330d limit | Under CIRP |
|
S V DISTRIBUTORS PRIVATE LIMITED
U51900MH1994PTC076003
Trading & Distribution |
RP · Oct 2024
|
797d past 330d limit | Inviting EoI |
|
Guruanand Silk Mills Private Limited
U17200MH1998PTC115822
Textiles & Apparel |
RP · Jan 2025
|
679d past 330d limit | Inviting EoI |
|
YASHWANT DUGDH PRAKRIYA LIMITED
U15201PN2004PLC019598
Food & Agro |
IRP · Nov 2025
|
302d inside 330d | Newly admitted |
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.
Voluntary liquidations
9Solvent 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 dissolution1y 10mo
across 2 completed · every VL on record runs 1y 8mo
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| Citrus Processing India Private Limited U15500MH2009PTC193480
|
Voluntary Liquidator · Feb 2022 |
Rs 108 Cr | Rs 0 Cr | Rs 93 Cr | 2y 3mo to Jun 2025 |
| Cytec India Specialty Chemicals & Materials Private Limited U24233MH2012PTC225865
|
Voluntary Liquidator · Feb 2023 |
Rs 3 Cr | Rs 0 Cr | Rs 3 Cr | 17 mo to Aug 2024 |
| Quanta Power Solutions India Private Limited U29253DL2010PTC207379
|
Voluntary Liquidator · Mar 2020 |
— | — | — | in process |
| UTRYAN ENERGY BRUNSWICK PRIVATE LIMITED U40106UP2019PTC117116
|
Voluntary Liquidator · Mar 2026 |
— | — | — | in process |
| MARTRADE INDIA SHIPPING AND LOGISTICS PRIVATE LIMITED U63030TN2020FTC137790
|
Voluntary Liquidator · Mar 2026 |
— | — | — | in process |
| CFLD India Investment Private Limited U70109HR2016PTC066041
|
Voluntary Liquidator · Mar 2020 |
— | — | — | in process |
| SUNGARD AVAILABILITY SERVICES (INDIA) PRIVATE LIMITED U72200PN2010PTC148314
|
Voluntary Liquidator · Mar 2026 |
— | — | — | in process |
| Pagonxt Merchant Solutions India Private Limited U74110MH2019PTC332473
|
Voluntary Liquidator · Mar 2025 |
— | — | — | in process |
| S3 Energy Private Limited U74999DL2014PTC271764
|
Voluntary Liquidator · Oct 2024 |
— | — | — | in process |
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 10% of 2,308 ranked
At Mumbai bench — by mandate countTop 10% of 438
Recovery vs liquidation value71.9%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor1 of 3
Typical time to outcome17 months
national median 16 months · median of 11 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 Professional13
Liquidator8
Voluntary Liquidator9
Of these, 6 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
Mumbai14 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (447 concluded cases)
Krishna runs a median 17 months to outcome across 11 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
Food & Agro4
Other Services2
Trading & Distribution2
Other Manufacturing1
Logistics & Transport1
Textiles & Apparel1
Chemicals & Plastics1
Machinery & Equipment1
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