Liquidation — order passed
2Liquidation mandates2on this professional's record
Taken to dissolution02 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
VICHARE EXPRESS & LOGISTICS PRIVATE LIMITED
U64120MH1996PTC104537
|
RP · Apr 2024
|
— | — | — | 2y 3mo
to Jul 2026
|
|
AUTOCOP (INDIA) PRIVATE LIMITED
U74999MH1991PTC063312
|
IRP · Mar 2022
RP · Apr 2022
|
🔒 | 🔒 | 🔒 | 14 mo
to May 2023
|
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: SHIVANI FLEXIPACK LIMITED at 1,030 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
SHIVANI FLEXIPACK LIMITED
U74950PN1998PLC013193
Other Services |
IRP · Nov 2023
RP · Dec 2023
|
1,030d past 330d limit | Inviting EoI |
|
SPORTA TECHNOLOGIES PRIVATE LIMITED
U72900MH2007PTC171875
Other Services |
IRP · Feb 2024
|
957d past 330d limit | Under CIRP |
|
R V GLOBAL PRIVATE LIMITED
U74990MH2009PTC195301
Other Services |
IRP · Oct 2025
|
348d past 330d limit | Newly admitted |
|
SPARKLET ENGINEERS PRIVATE LIMITED
U29240MH2000PTC124853
Machinery & Equipment |
IRP · Dec 2025
Deemed RP · Jan 2026
|
289d inside 330d | 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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Activity & context · vs India's IP universe
Activity — mandate count6 mandates on record
Typical time to outcome21 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 Professional9
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
Mumbai6 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Madan runs a median 21 months to outcome across 2 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 taking 85 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 Services4
Machinery & Equipment1
IT, Telecom & Media1
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