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Home / RP Tracker / Mahesh Goverdhan Bagla

Mahesh Goverdhan Bagla UNCLAIMED PROFILE

Insolvency Professional · Maharashtra · Active since 2022
IPA ICSI IIP Bench Mumbai · West Reg IBBI/IPA-002/IP-N00689/2018-2019/12207 CPE 117 credits
Wholesale and Retail TradeManufacturingOthers (Agriculture, Food Products)
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Career composition · 6 CIRP mandates
2
1
3
Resolved 2 Liquidation 1 Under CIRP 3
Appointments by year
'22'23'24'25'26
Overview Resolved 2 Liquidation 1 Under CIRP 3 Standing
Mandates
6cases
3 with financials · last appointed Apr 2026
Claims Managed
Rs 140Cr
across 3 cases with figures
Realised for Creditors
Rs 6Cr
4.3% of admitted claims
Resolved
2cases
67% resolution rate
Recovery vs LV
91.2%
0 of 2 beat the floor
Typical CIRP Time
29 months
nationally 16 months
Largest Mandate
Rs 88 Cr
Datta Krupa Roller Flou…

Resolved — plan approved

2
Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
Corporate DebtorRole / AppointedAdmittedRealisedRec vs LVDuration
PERI NITRATES PRIVATE LIMITED
U24119MH1997PTC109786
→ acquired by Consortium of Individuals comprising Mr. Vijay Jagannath Markad ('Lead Member'), Mr. Anurag Umashankar Singh, Mr. Shreyas Pramod Gokhale, Mr. Pramod Avinash Gokhale, Mrs. Savitri Santosh Maske, Mrs. Pallavi Pandharinath Maske and Mr. Gajanan Maruti Gavade
IRP · Sep 2022
RP · Oct 2022
🔒 🔒 🔒 2y 5mo
to Feb 2025
TULIPS AMBBIENCE PRIVATE LIMITED
U51311PN2001PTC016441
→ acquired by Malpani Financial Services Private Limited
RP · Aug 2023
🔒 🔒 🔒 4y
to Oct 2025

Liquidation — order passed

1
Liquidation mandates1on this professional's record
Taken to dissolution01 still in process
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Datta Krupa Roller Flour Mill Private Limited
U01119MH2005PTC245062
Liquidator · Jul 2024
🔒 🔒 🔒 15 mo
to Jul 2024
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

3
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
1within 180d
1181–270d
1past 330d
Longest-running live mandate: VIR ELECTRO ENGINEERING PRIVATE LIMITED at 1,014 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
VIR ELECTRO ENGINEERING PRIVATE LIMITED
U32200MH1988PTC046104
Electronics & Electricals
RP · Oct 2024
1,014d past 330d limit Inviting EoI
HEERA-IND TRADING PRIVATE LIMITED
U52208MH2012PTC230086
Trading & Distribution
IRP · Feb 2026
RP · Mar 2026
218d in extension Inviting EoI
VARDHAN AGRO PROCESSING LIMITED
U01119PN2011PLC140015
Food & Agro
IRP · Apr 2026
169d within 180d Newly admitted
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 →.
Report an error →
Activity & context · vs India's IP universe
Activity — mandate count6 mandates on record
Recovery vs liquidation value91.2%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor0 of 2
Typical time to outcome29 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 Professional7
Liquidator1
Of these, 3 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)
Mahesh runs a median 29 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 taking 332 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
Food & Agro2
Trading & Distribution2
Chemicals & Plastics1
Electronics & Electricals1

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