MG
Manik Goyal
Insolvency Professional · Resolution Professional FREE PROFILE
IPA THE INDIAN INSTITUTE OF INSOLVENCY PROFE
AFA Lapsed till Nov -0001
Bench data unavailable
State data unavailable
IBBI Reg IBBI/IPA-001/IP-00326/2016-17/1907
Cases Handled
7
3 with financial detail
Resolved
3
43% resolution rate
Liquidations
4
liquidation orders
Recovery vs Liq. Value
201.0%
natl avg 166.9%
IRP Appointments
2
interim — at CIRP commencement
Mandate totals · across concluded cases
Claims Managed
₹3,651
Cr · across 3 mandates with figures
Total Realised
₹336
Cr · to creditors
Realised vs Claims
9.2%
across the book
Largest Mandate
₹3,293 Cr
USHDEV INTERNATIONAL LIMI…
Resolved — plan approved (3)
| Corporate Debtor | Role / Appointed | Admitted | Realised | Rec vs LV | Haircut |
|---|---|---|---|---|---|
|
USHDEV INTERNATIONAL LIMITED
L40102MH1994PLC078468
|
Liquidator · Oct 2025
|
₹3,293 Cr | ₹197 Cr | 295.2% | 94.0% |
|
Heavy Metal & Tubes Ltd.
U25200GJ1990PLC014554
|
IRP · Jan 2021
RP · Feb 2021
|
₹287 Cr | ₹46 Cr | 120.2% | 84.1% |
|
USHDEV ENGITECH LIMITED
U29999TN2001PLC097292
|
RP · Aug 2023
|
₹72 Cr | ₹93 Cr | 149.6% | — |
Liquidation — order passed (4)
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims |
|---|---|---|---|---|
|
INNOVENTIVE INDUSTRIES LIMITED
L29309PN1991PLC063045
|
Liquidator · Dec 2021
|
— | — | — |
|
Vivek Steelco Private Limited
U27109GJ2009PTC056434
|
IRP · Oct 2020
RP · Nov 2020
|
— | — | — |
|
CHAMPION AGRO LIMITED
U31909GJ1994PLC022605
|
RP · Sep 2022
|
— | — | — |
|
ALCOCK ASHDOWN (GUJARAT) LIMITED
U74999GJ1994SGC022952
|
RP · Jun 2021
|
— | — | — |
Voluntary Liquidations (4)
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Dissolved |
|---|---|---|---|---|---|
| Liva Investment Limited U65999GJ2018PLC105763 |
Voluntary Liquidator · Jan 2025 |
₹0 Cr | ₹0 Cr | ₹0 Cr | Aug 2025 |
| Strategic Infosystems Private Limited U72900GJ2006PTC048708 |
Voluntary Liquidator · Jan 2024 |
— | — | — | — |
| Strategic Bizcom Services Private Limited U72900GJ2015PTC082067 |
Voluntary Liquidator · Jul 2024 |
₹1 Cr | ₹0 Cr | ₹1 Cr | Dec 2025 |
| ECOVIA TECH PRIVATE LIMITED U74999GJ2020PTC117283 |
Voluntary Liquidator · Feb 2024 |
₹6 Cr | ₹0 Cr | ₹0 Cr | Dec 2024 |
Solvent member-voluntary liquidations (s.59) — a separate mandate type from CIRP. Figures shown where an outcome has been filed.
About this data: Profile data is sourced from IBBI quarterly newsletters and public announcement records. Only cases where this IP was appointed as Resolution Professional are shown. Data coverage grows as we add historical IBBI newsletters. Report an error →
Performance Summary
Resolution rate
43%
Recovery vs liq. value
201.0% (natl 166.9%)
Recovery vs LV (weighted)
201.0% claim-wtd
Avg haircut (resolved)
89.1% (natl 69.4%)
Sectors covered
0
Data source
IBBI Quarterly
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