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Home / RP Tracker / Laxman Digambar Pawar

Laxman Digambar Pawar UNCLAIMED PROFILE

Insolvency Professional · Active since 2017
IPA ICMAI IPA Bench Mumbai · West Reg IBBI/IPA-003/IP-N00015/2017-2018/10104 CPE 40 credits
Other ServicesOther ManufacturingSteel & MetalsConstruction & InfrastructureMachinery & EquipmentHealthcare
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Career composition · 22 CIRP mandates
2
14
1
5
Resolved 2 Liquidation 14 Under CIRP 1 Withdrawn / settled 5
Appointments by year
'17'18'19'20'21'22'23'24'25'26
Overview Resolved 2 Liquidation 14 Under CIRP 1 Withdrawn 5 Standing
Mandates
17cases
Top 5% by mandate count · last appointed Oct 2022
Claims Managed
Rs 484Cr
across 14 cases with figures
Realised for Creditors
Rs 78Cr
16.2% of admitted claims
Resolved
2cases
13% resolution rate
Recovery vs LV
207.5%
2 of 2 beat the floor
Typical CIRP Time
18 months
nationally 16 months
Largest Mandate
Rs 133 Cr
Hitech Engineering Corp…

Resolved — plan approved

2
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
PARSHURAM FORGE PRIVATE LIMITED
U27200MH1984PTC034543
→ acquired by Prashant Shridhar Vaidya (Suspended Director of the Corporate Debtor) / Mr. Prashant Vaidya
IRP · Apr 2019
RP · May 2019
🔒 🔒 🔒 4y 9mo
to Feb 2024
Trinity Auto Components Limited
U34300PN1985PLC037909
→ acquired by M/s. Tarini Steel through Mr. Santosh Agarwal, one of the Directors of the Corporate Debtor
IRP · May 2017
RP · Jul 2017
🔒 🔒 🔒 8 mo
to Jan 2018

Liquidation — order passed

14
6 of 14 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates14on this professional's record
Taken to dissolution68 still in process
Distributed vs liquidation value97.7%across 4 cases with both figures · whole record 79.7%
Order to dissolution23 moaverage over 6 completed cases
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Trans-Fab Power lndia Private Limited
U00360PN2006PTC022339
IRP · Sep 2019
🔒 🔒 🔒 3y 9mo
to Jun 2023
BHADRAMARUTI CONCAST PRIVATE LIMITED
U27100MH2004PTC148361
IRP · Feb 2020
RP · Mar 2020
Liquidator · Apr 2022
🔒 🔒 🔒 2y 2mo
to Apr 2022
Ramdas Ispat and Metal Private Limited and Ors
U27105PN1998PTC114019
IRP · Apr 2018
RP · Jul 2018
Liquidator · Oct 2018
🔒 🔒 🔒 7 mo
to Oct 2018
AWATE ENGINEERING PRIVATE LIMITED
U27106PN2008PTC132238
IRP · Mar 2020
🔒 🔒 🔒 3y 11mo
to Mar 2024
Hi-Tech Electromech Private Limited
U31200PN2009PTC134211
IRP · Oct 2019
RP · Dec 2019
Liquidator · Mar 2021
🔒 🔒 🔒 17 mo
to Mar 2021
Bhavya Infrastructure (India) Private Limited
U45200MH2005PTC150796
IRP · Feb 2020
RP · Jul 2020
🔒 🔒 🔒 3y 7mo
to Oct 2023
Liveminds Solutions Private Limited
U51909MH2005PTC157321
IRP · Jan 2020
RP · Feb 2020
Liquidator · Feb 2021
🔒 🔒 🔒 13 mo
to Feb 2021
Kale Infra Projects Private Limited
U70102PN2009PTC134437
IRP · May 2019
RP · May 2019
Liquidator · Dec 2020
🔒 🔒 🔒 1y 7mo
to Dec 2020
Hitech Engineering Corporation India Private Limited
U74200PN2008PTC132311
IRP · Feb 2018
RP · Mar 2018
Liquidator · Oct 2018
🔒 🔒 🔒 9 mo
to Oct 2018
SOVEREIGN INDUSTRIES LIMITED
U74900KA2009PLC069837
IRP · Aug 2019
IRP · Aug 2019
🔒 🔒 🔒 6y 5mo
to Feb 2026
Wings Travels Management (I) Private Limited
U74999PN2008PTC132907
IRP · Dec 2018
🔒 🔒 🔒 10 mo
to Sep 2019
PANDHARI MILK PRIVATE LIMITED
U74999PN2014PTC151510
RP · Jan 2020
Liquidator · Mar 2022
🔒 🔒 🔒 2y 6mo
to Mar 2022
Lanna Wellness Private Limited
U85100PN2011PTC140465
IRP · Dec 2019
RP · Jan 2020
Liquidator · Oct 2020
🔒 🔒 🔒 10 mo
to Oct 2020
M/S. INFINITY FAB ENGINEERING COMPANY PRIVATE LIMITED
U85110KA1992PTC013449
IRP · Jun 2017
RP · Jul 2017
Liquidator · Feb 2018
🔒 🔒 🔒 8 mo
to Feb 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

1
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
1past 330d
Longest-running live mandate: BARMENDRA AGROTECH PRIVATE LIMITED at 1,443 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
BARMENDRA AGROTECH PRIVATE LIMITED
U24211MP2006PTC018387
Other Manufacturing
IRP · Oct 2022
1,443d 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

5
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
Shetty-Patil Developers LLP
AAG4453
Construction & Infrastructure
IRP · Jan 2020
RP · Feb 2020
6y 8mo
WELCOME DISTILLERIES PRIVATE LIMITED
U15520CT1986PTC003334
Food & Agro
IRP · Mar 2019
7y 6mo
R.D.ENGINEERS ( INDIA) PRIVATE LIMITED
U27200MH1992PTC066672
IRP · Oct 2020
5y 10mo
ANUSHKA MOULDS AND DIES PRIVATE LIMITED
U29253MH2010PTC201502
Machinery & Equipment
IRP · Nov 2018
7y 10mo
Budhale Engineer Private Limited
U99999MH1984PTC033297
Other Services
IRP · Dec 2019
RP · Jan 2020
6y 9mo
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 countTop 5% of 2,567 ranked
At Mumbai bench — by mandate countTop 5% of 445
Recovery vs liquidation value207.5%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor2 of 2
Typical time to outcome18 months
national median 16 months · median of 16 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 Professional36
Liquidator9
Of these, 21 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
Mumbai19 mandates
Bench median 18 months to outcome · 34% resolved (1,250 concluded cases)
Bengaluru2 mandates
Bench median 12 months to outcome · 27% resolved (176 concluded cases)
Indore1 mandate
Bench median 15 months to outcome · 49% resolved (35 concluded cases)
Laxman runs a median 18 months to outcome across 16 concluded mandates. The benches those mandates sit in run at 17 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
Other Services7
Other Manufacturing3
Construction & Infrastructure2
Steel & Metals2
Machinery & Equipment2
Food & Agro1
Auto & Components1
Trading & Distribution1
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