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 |
|---|---|---|---|---|---|
|
J.D. Aneja Edibles Private Limited
U15142RJ2005PTC020089
→ acquired by M/s Rahul and Ruchika Consortium
|
IRP · Jun 2018
RP · Jul 2018
|
🔒 | 🔒 | 🔒 | 12 mo
to Jun 2019
|
Voluntary liquidations
4Solvent member-voluntary liquidations under s.59 — a separate mandate type from CIRP, and a different job: no creditors' committee, no resolution plan, a surplus to return.
Median time to dissolution1y 10mo
across 2 completed · every VL on record runs 1y 8mo
Dissolution orders read3 of 4
the tribunal's own order, field by field — expand a row for the dated sequence
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| Nest Hotel Private Limited U55101GJ1989PTC012910
7 dated steps in the orderAhmedabad Special Bench Court - 1
|
Voluntary Liquidator · Sep 2020 |
Rs 2 Cr | Rs 0 Cr | Rs 2 Cr | 3y to Sep 2023 |
| Finclude Capital Private Limited U65993MH2019PTC328770
6 dated steps in the orderMUMBAI – BENCH II
Delay recorded in the order“Non-availability of existing signatories and in realisation of term deposits from the Kotak Mahindra Bank.” |
Voluntary Liquidator · Aug 2022 |
— | — | — | in process |
| Rafael India Services Private Limited U74140DL2014FTC270758
|
Voluntary Liquidator · Jul 2018 |
— | — | — | in process |
| Vinayak Services Private Limited U74899HR1995PTC122401
5 dated steps in the orderCHANDIGARH BENCH, COURT-I, CHANDIGARH
|
Voluntary Liquidator · Jun 2025 |
Rs 3 Cr | Rs 3 Cr | Rs 0 Cr | 8 mo to Feb 2026 |
Figures shown where an outcome has been filed. The dated sequence inside a row is read from the tribunal's dissolution order itself, one field at a time, with the page it came from held against it. Regulation 37 (as amended with effect from 31 January 2024) sets 270 days from commencement where the creditors approved the resolution and 90 days where they were not required to — this page does not assign a per-case target, because whether creditors approved is recorded in these orders as prose and has not been classified. The comparison shown is the median of every voluntary liquidation on record: same statistic, same basis.
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 count1 mandates on record
Recovery vs liquidation value62.0%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor0 of 1
Typical time to outcome12 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 Professional2
Voluntary Liquidator4
Of these, 1 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 Delhi1 mandate
Bench median 17 months to outcome · 35% resolved (776 concluded cases)
Madhusudan runs a median 12 months to outcome across 1 concluded mandate.
The benches those mandates sit in run at 17 months, weighted by how many of his cases each one holds —
so he is closing 154 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
Food & Agro1
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