Liquidation — order passed
1Liquidation mandates1on this professional's record
Taken to dissolution01 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Gurdaspur overseas Limited
U15400PB2009PLC033246
|
RP · Nov 2019
Liquidator · Jun 2022
|
🔒 | 🔒 | 🔒 | 2y 9mo
to Jun 2022
|
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
2Where 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: White Water Hospitality Private Limited at 2,499 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
White Water Hospitality Private Limited
U55101CH2009PTC031709
Trading & Distribution |
IRP · Nov 2019
RP · Dec 2019
|
2,499d past 330d limit | Under CIRP |
|
Bourn Hall International India Private Limited
U93000HR2009FTC039414
Other Services |
IRP · May 2020
RP · Jul 2020
|
2,309d 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Withdrawn / settled
2Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
Punjab Switchgears Private Limited
U31909PB1987PTC007368
Machinery & Equipment |
IRP · Jun 2019
|
7y 3mo |
|
Mars Hospitality and Retail Private Limited
U55101CH2016PTC041310
Trading & Distribution |
IRP · Sep 2019
RP · Oct 2019
|
7y |
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 count3 mandates on record
Typical time to outcome34 months
national median 16 months · median of 1 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 Professional8
Liquidator1
Of these, 4 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
Chandigarh5 mandates
Bench median 20 months to outcome · 37% resolved (210 concluded cases)
Madan runs a median 34 months to outcome across 1 concluded mandate.
The benches those mandates sit in run at 20 months, weighted by how many of his cases each one holds —
so he is taking 407 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
Trading & Distribution2
Food & Agro1
Machinery & Equipment1
Other Services1
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