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Home / RP Tracker / Kuldip Kumar Bassi

Kuldip Kumar Bassi UNCLAIMED PROFILE

Insolvency Professional · Active since 2018
IPA ICAI IIIPI Bench Chandigarh · North Reg IBBI/IPA-001/IP-P00280/2017-2018/10524 CPE 78 credits
Other ServicesSteel & Metals
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Career composition · 2 CIRP mandates
1
1
Resolved 1 Liquidation 1
Appointments by year
'18'19'20'21'22'23'24'25'26
Overview Resolved 1 Liquidation 1 Standing
Mandates
2cases
2 with financials · last appointed Jul 2021
Claims Managed
Rs 8,292Cr
across 2 cases with figures
Realised for Creditors
Rs 1,538Cr
18.5% of admitted claims
Resolved
1cases
50% resolution rate
Recovery vs LV
248.3%
1 of 1 beat the floor
Typical CIRP Time
25 months
nationally 16 months
Largest Mandate
Rs 6,567 Cr
ASIAN COLOUR COATED ISP…

Resolved — plan approved

1
Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
Corporate DebtorRole / AppointedAdmittedRealisedRec vs LVDuration
ASIAN COLOUR COATED ISPAT LIMITED
U27105MH2005PLC368619
→ acquired by JSW Steel Coated Products Limited
IRP · Jul 2018
RP · Aug 2018
🔒 🔒 🔒 2y 3mo
to Oct 2020

Liquidation — order passed

1
Liquidation mandates1on this professional's record
Taken to dissolution01 still in process
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Lakshmi Energy and Foods Private Limited
L00000CH1990PLC010573
RP · Feb 2020
Liquidator · Jul 2021
🔒 🔒 🔒 1y 10mo
to Jul 2021
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.
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 count2 mandates on record
Recovery vs liquidation value248.3%
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 outcome25 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 Professional3
Liquidator1
Of these, 1 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
Chandigarh1 mandate
Bench median 20 months to outcome · 36% resolved (211 concluded cases)
New Delhi1 mandate
Bench median 17 months to outcome · 35% resolved (777 concluded cases)
Kuldip runs a median 25 months to outcome across 2 concluded mandates. The benches those mandates sit in run at 19 months, weighted by how many of his cases each one holds — so he is taking 187 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
Other Services1
Steel & Metals1
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