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 |
|---|---|---|---|---|---|
|
Ramsarup Industries Limited
L65993WB1979PLC032113
→ acquired by S.S. Natural Resources Pvt. Ltd. (SS Natural) in consortium with Shyam SEL and Power Ltd
|
RP · May 2018
|
🔒 | 🔒 | 🔒 | 1y 7mo
to Sep 2019
|
|
TANTIA CONSTRUCTIONS LTD
L74210WB1964PLC026284
→ acquired by EDCL Infrastructure Ltd
|
IRP · Mar 2019
RP · Apr 2019
|
🔒 | 🔒 | 🔒 | 11 mo
to Feb 2020
|
|
Crest steel and power private limited
U27109CT2004PTC016643
→ acquired by Nithia Capital Resources Advisors LLP and Mr. Jai Saraf (consortium)
|
RP · Jul 2019
|
🔒 | 🔒 | 🔒 | 2y 7mo
to Nov 2021
|
Liquidation — order passed
21 of 2 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates2on this professional's record
Taken to dissolution11 still in process
Distributed vs liquidation value92.5%across 1 case with both figures · whole record 79.7%
Order to dissolution355 daysaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Sintex Plastics Technology Limited
L74120GJ2015PLC084071
|
IRP · Feb 2023
RP · Feb 2023
|
🔒 | 🔒 | 🔒 | 14 mo
to May 2024
|
|
Concast Steel and Power Limited
U51909WB1995PLC072045
|
RP · Jan 2018
Liquidator · Sep 2018
|
🔒 | 🔒 | 🔒 | 11 mo
to Sep 2018
|
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: Ankit Metal & Power Limited at 875 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
Ankit Metal & Power Limited
L27101WB2002PLC094979
Steel & Metals |
IRP · May 2024
IRP · May 2024
IRP · May 2024
RP · May 2024
RP · May 2024
RP · May 2024
|
875d 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.
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 count6 mandates on record
Recovery vs liquidation value77.5%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor2 of 3
Typical time to outcome14 months
national median 16 months · median of 5 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
Liquidator1
Of these, 3 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
Kolkata4 mandates
Bench median 14 months to outcome · 33% resolved (530 concluded cases)
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (447 concluded cases)
Mumbai1 mandate
Bench median 18 months to outcome · 34% resolved (1,251 concluded cases)
Kshitiz runs a median 14 months to outcome across 5 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 34 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 Services2
Steel & Metals1
Financial Services1
Other Manufacturing1
Trading & Distribution1
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