Resolved — plan approved
1Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
| Corporate Debtor | Role / Appointed | Admitted | Realised | Rec vs LV | Duration |
|---|---|---|---|---|---|
|
orbitol intelligence private limited
U33110DL2010PTC198060
→ acquired by consortium of Subhlaxmi Investment Advisory Pvt. Ltd. and Swash Papertech Pvt. Ltd.Private Limited
|
IRP · Nov 2022
RP · Dec 2022
|
🔒 | 🔒 | 🔒 | 1y 7mo
to Jun 2024
|
Liquidation — order passed
4Liquidation mandates4on this professional's record
Taken to dissolution04 still in process
Distributed vs liquidation value57.6%across 1 case with both figures · whole record 79.7%
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
J.M.L. MARKETINGS PRIVATE LIMITED
U15490UP2002PTC026613
|
RP · Jul 2022
Liquidator · May 2023
|
🔒 | 🔒 | 🔒 | 13 mo
to May 2023
|
|
Langley Apparel India Private Limited
U18209HR2017PTC068856
|
Liquidator · Feb 2024
|
🔒 | 🔒 | 🔒 | 7 mo
to Feb 2024
|
|
SHOES ON LOOSE PRIVATE LIMITED
U63030DL2016PTC305536
|
IRP · Nov 2021
RP · Jan 2022
|
🔒 | 🔒 | 🔒 | 1y 10mo
to Oct 2023
|
|
MAGPPIE GLOBAL HOUSEWARE PRIVATE LIMITED
U74140DL2015PTC287416
|
Liquidator · Jul 2025
|
🔒 | 🔒 | 🔒 | 2y 1mo
to Jul 2025
|
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: WEST FACE HOSPITALITY & MANAGEMENT PRIVATE LIMITED at 900 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
WEST FACE HOSPITALITY & MANAGEMENT PRIVATE LIMITED
U74999DL2009PTC193125
Other Services |
RP · Jun 2024
|
900d past 330d limit | Inviting EoI |
|
PCI LIMITED
U74899DL1986PLC023329
Other Services |
RP · Jun 2025
|
515d past 330d limit | 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 countTop 20% of 2,365 ranked
At Chandigarh bench — by mandate countTop 20% of 120
Recovery vs liquidation value102.8%
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 outcome19 months
national median 16 months · median of 5 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 Professional7
Liquidator3
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
New Delhi5 mandates
Bench median 17 months to outcome · 35% resolved (777 concluded cases)
Allahabad1 mandate
Bench median 22 months to outcome · 44% resolved (101 concluded cases)
Chandigarh1 mandate
Bench median 20 months to outcome · 37% resolved (210 concluded cases)
Madan runs a median 19 months to outcome across 5 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 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 Services3
Food & Agro1
Textiles & Apparel1
Electronics & Electricals1
Logistics & Transport1
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