Liquidation — order passed
75 of 7 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates7on this professional's record
Taken to dissolution52 still in process
Distributed vs liquidation value130.3%across 5 cases with both figures · whole record 79.7%
Order to dissolution23 moaverage over 5 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Elexir Distributors Private Limited
U51109MH1998PTC295901
|
IRP · Mar 2022
RP · Apr 2022
|
🔒 | 🔒 | 🔒 | 1y 9mo
to Jan 2024
|
|
Spice Infra Trading Private Limited
U51909MH2010PTC204878
|
Liquidator · Oct 2021
|
🔒 | 🔒 | 🔒 | 11 mo
to Jul 2019
|
|
EUROPEAN PROJECTS & AVIATION LIMITED
U64200MH1996PLC103693
|
RP · Jun 2025
|
— | — | — | 17 mo
to Sep 2026
|
|
Global Rural Netco Limited
U64200MH2009PLC192365
|
Liquidator · Mar 2020
|
🔒 | 🔒 | 🔒 | 12 mo
to Mar 2020
|
|
Global Towers Limited
U64201MH1992PLC185386
|
RP · Dec 2019
Liquidator · Jul 2022
|
🔒 | 🔒 | 🔒 | 3y 4mo
to Jul 2022
|
|
Atharva Advisory Services Private Limited
U74140MH2010PTC204077
|
Liquidator · Dec 2019
|
🔒 | 🔒 | 🔒 | 12 mo
to Dec 2019
|
|
Edge Brand Architects (India) Pvt Ltd
U74900MH2011PTC217850
|
IRP · May 2023
|
🔒 | 🔒 | 🔒 | 12 mo
to Apr 2024
|
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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Claim profile →Activity & context · vs India's IP universe
Activity — mandate count7 mandates on record
Typical time to outcome12 months
national median 16 months · median of 7 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 Professional5
Liquidator4
Of these, 2 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
Mumbai7 mandates
Bench median 18 months to outcome · 34% resolved (1,244 concluded cases)
Laxmikant runs a median 12 months to outcome across 7 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 closing 168 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
IT, Telecom & Media3
Trading & Distribution2
Other Services2
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