Liquidation — order passed
32 of 3 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates3on this professional's record
Taken to dissolution21 still in process
Order to dissolution58 moaverage over 2 completed cases
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
THE RAJASTHAN INDUSTRIAL GASES LIMITED
U24111RJ1988PLC004571
|
IRP · Aug 2022
RP · Sep 2022
|
🔒 | 🔒 | 🔒 | 14 mo
to Oct 2023
|
|
ADELSON PHARMA PRIVATE LIMITED
U51109RJ2015PTC048033
|
IRP · Dec 2021
RP · Jan 2022
Liquidator · Oct 2023
|
🔒 | 🔒 | 🔒 | 1y 9mo
to Oct 2023
|
|
Neo Aid Communication Private Limited
U60232RJ2006PTC022727
|
IRP · Jul 2018
RP · Aug 2018
Liquidator · Jan 2019
|
🔒 | 🔒 | 🔒 | 7 mo
to Jan 2019
|
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
1Where 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: RAJASTHAN DRUGS AND PHARMACEUTICALS LIMITED at 1,780 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
RAJASTHAN DRUGS AND PHARMACEUTICALS LIMITED
U24232RJ1978GOI001823
Other Manufacturing |
IRP · Sep 2019
IRP · Sep 2019
|
1,780d 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Withdrawn / settled
1Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
KUMAR ASHIYANA PRIVATE LIMITED
U36999UP1995PTC018143
Other Manufacturing |
IRP · Sep 2018
|
8y |
Voluntary liquidations
3Solvent 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 dissolution4 mo
across 3 completed · every VL on record runs 1y 8mo
Dissolution orders read2 of 3
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 |
|---|---|---|---|---|---|
| SARISHYA TEXFAB PRIVATE LIMITED U18101RJ2015PTC047586
|
Voluntary Liquidator · Jun 2023 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 2y 5mo to Dec 2025 |
| SHREE CEMENT FOUNDATION U85300RJ2020NPL070835
6 dated steps in the orderJaipur Bench
|
Voluntary Liquidator · Dec 2024 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 4 mo to Apr 2025 |
| SHREE CEMENT EAST BENGAL FOUNDATION U92419RJ2020NPL070997
7 dated steps in the orderJAIPUR BENCH
|
Voluntary Liquidator · Dec 2024 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 4 mo to Apr 2025 |
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 →.
Report an error →
Is this your profile?
This page already exists — buyers already see it. Claiming puts you in control: your photo, your story, your numbers in context, enquiries routed to you.
Claim profile →Activity & context · vs India's IP universe
Activity — mandate count4 mandates on record
At Jaipur bench — by mandate countTop 20% of 47
Typical time to outcome14 months
national median 16 months · median of 3 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
Liquidator2
Voluntary Liquidator3
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
Jaipur4 mandates
Bench median 17 months to outcome · 39% resolved (75 concluded cases)
Allahabad1 mandate
Bench median 21 months to outcome · 44% resolved (101 concluded cases)
Mahendra runs a median 14 months to outcome across 3 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 93 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
Other Manufacturing3
Trading & Distribution1
Logistics & Transport1
Trying to reach Mahendra?
This profile is unclaimed, so direct contact isn't listed. Leave your details and we'll route the introduction.