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 |
|---|---|---|---|---|---|
|
FLY EXPRESS LOGISTICS PRIVATE LIMITED
U74900UR2009PTC033012
|
IRP · Sep 2023
RP · Dec 2023
Liquidator · Oct 2025
|
🔒 | 🔒 | 🔒 | 2y
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
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: THREE C PROJECTS PRIVATE LIMITED at 2,583 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
THREE C PROJECTS PRIVATE LIMITED
U70200DL2010PTC205607
Real Estate & Housing |
RP · May 2026
|
2,583d past 330d limit | Inviting EoI |
|
JC WORLD HOSPITALITY PRIVATE LIMITED
U55101DL2012PTC242418
Trading & Distribution |
RP · Sep 2024
|
2,476d past 330d limit | Under CIRP |
|
PALM DEVELOPERS PRIVATE LIMITED
U45300DL2013PTC256843
Construction & Infrastructure |
IRP · Jul 2021
RP · Aug 2021
|
2,431d past 330d limit | Under CIRP |
|
EMD Scaffolding India Private Limited
U74210DL1989PTC035526
Other Services |
IRP · Jan 2022
|
1,715d 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Withdrawn / settled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 |
|---|---|---|
|
EMD Scaffolding India Private Limited
U27310DL2007PTC167262
Other Manufacturing |
IRP · Jan 2022
|
4y 8mo |
|
UNISON HOTELS PRIVATE LIMITED
U70100DL1994PTC058450
Real Estate & Housing |
IRP · Dec 2022
|
3y 9mo |
Voluntary liquidations
2Solvent 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 dissolution2y
across 1 completed · every VL on record runs 1y 8mo
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| BRG WORKPLACE MANAGEMENT SOLUTIONS (INDIA) PRIVATE LIMITED U74900TG2015PTC097317
|
Voluntary Liquidator · Mar 2026 |
— | — | — | in process |
| MERCY CORPS INDIA U93000DL2009NPL191302
|
Voluntary Liquidator · Oct 2023 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 2y to Nov 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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Activity & context · vs India's IP universe
Activity — mandate count5 mandates on record
Typical time to outcome25 months
national median 16 months · median of 1 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 Professional9
Liquidator1
Voluntary Liquidator2
Of these, 5 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
New Delhi5 mandates
Bench median 17 months to outcome · 36% resolved (780 concluded cases)
Allahabad1 mandate
Bench median 21 months to outcome · 45% resolved (103 concluded cases)
Krit runs a median 25 months to outcome across 1 concluded mandate.
The benches those mandates sit in run at 18 months, weighted by how many of his cases each one holds —
so he is taking 205 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
Real Estate & Housing2
Other Services2
Other Manufacturing1
Construction & Infrastructure1
Trading & Distribution1
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