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Home / RP Tracker / Manish Santosh Buchasia

Manish Santosh Buchasia UNCLAIMED PROFILE

Insolvency Professional · Gujarat · Active since 2018
IPA ICSI IIP Bench Ahmedabad · West Reg IBBI/IPA-002/IP-N00487/2017-2018/11449 CPE 153 credits
Wholesale and Retail TradeConstructionReal EstateTransportOthers (Steel, oil and protein etc)
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Viewed in 90 days — what ARCs, banks & funds see when they search this name
Career composition · 12 CIRP mandates
4
3
2
3
Resolved 4 Liquidation 3 Under CIRP 2 Withdrawn / settled 3
Appointments by year
'18'19'20'21'22'23'24'25'26
Overview Resolved 4 Liquidation 3 Under CIRP 2 Withdrawn 3 Voluntary 10 Standing
Mandates
9cases
Top 20% by mandate count · last appointed Jun 2026
Claims Managed
Rs 309Cr
across 6 cases with figures
Realised for Creditors
Rs 12Cr
3.9% of admitted claims
Resolved
4cases
57% resolution rate
Recovery vs LV
151.5%
3 of 3 beat the floor
Typical CIRP Time
13 months
nationally 16 months
Largest Mandate
Rs 157 Cr
ECOPHOS GNFC INDIA PRIV…

Resolved — plan approved

4
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
DHARTI PROTEINS LIMITED
L67120GJ1994PLC022199
→ acquired by Jatinbhai Ramanbhai Patel
IRP · Apr 2024
RP · May 2024
🔒 🔒 🔒 1y 6mo
to Nov 2025
ASTRAL STERITECH PRIVATE LIMITED
U24100GJ2012PTC071810
→ acquired by ASONS PHARMACEUTICALS PRIVATE LIMITED along with MR. JIGNESH SHAH
IRP · Jun 2024
RP · Jul 2024
🔒 🔒 🔒 12 mo
to Jun 2025
SUPERDRAWN WIRE INDUSTRIES PRIVATE LIMITED
U28112GJ2011PTC066943
→ acquired by ASEL Financial Services Limited
RP · Mar 2023
🔒 🔒 🔒 1y 6mo
to Sep 2023
SAMVID STEELS PRIVATE LIMITED
U55100GJ1992PTC018421
→ acquired by Kataria Energy Solutions Private Limited in consortium with M/s. Kataria Motors Private Limited
IRP · Apr 2024
RP · May 2024
🔒 🔒 🔒 9 mo
to Jan 2025

Liquidation — order passed

3
1 of 3 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates3on this professional's record
Taken to dissolution12 still in process
Order to dissolution61 moaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
ECOPHOS GNFC INDIA PRIVATE LIMITED
U24123GJ2016PTC086441
IRP · Jul 2023
RP · Aug 2023
🔒 🔒 🔒 13 mo
to Aug 2024
ETERNAL MOTORS PRIVATE LIMITED
U34201GJ1998PTC034222
IRP · Aug 2022
🔒 🔒 🔒 13 mo
to Sep 2023
SKYLINE CAPITAL PRIVATE LIMITED
U99999MH1999PTC118338
Liquidator · Feb 2019
🔒 🔒 🔒 17 mo
to Feb 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

2
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
1past 330d
Longest-running live mandate: P.S.EARTHMOVERS PRIVATE LIMITED at 936 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
P.S.EARTHMOVERS PRIVATE LIMITED
U29244WB2006PTC108701
Machinery & Equipment
IRP · Feb 2024
RP · Jun 2024
936d past 330d limit Inviting EoI
NEW PEARL VITRIFIED PRIVATE LIMITED
U26933GJ2010PTC062413
Other Manufacturing
IRP · Jun 2026
112d within 180d 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.

Withdrawn / settled

3
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
BIG POWER GLASS INDIA PRIVATE LIMITED
U26100GJ2012PTC069137
Other Manufacturing
IRP · Jun 2019
7y 3mo
REON CAST PRIVATE LIMITED
U27209GJ2012PTC072750
Other Manufacturing
IRP · May 2019
7y 3mo
NUTEC INFOTECH PRIVATE LIMITED
U72200GJ2005PTC046198
Other Services
IRP · Mar 2021
5y 5mo

Voluntary liquidations

10
Solvent 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 7mo across 9 completed · every VL on record runs 1y 8mo
Dissolution orders read8 of 10 the tribunal's own order, field by field — expand a row for the dated sequence
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
NAISARGIK AGRITECH (INDIA) LIMITED
L01119GJ1994PLC023336
5 dated steps in the order
AHMEDABAD (COURT NO. II)
  1. Members' resolution7 Sep 2020
  2. Commencement30 Sep 2020
  3. Public announcement6 Oct 2020
  4. Preliminary report12 Nov 2020
  5. Dissolution order5 Jul 2023
Voluntary Liquidator · Sep 2021
Rs 0 Cr Rs 0 Cr Rs 0 Cr 2y 9mo
to Jul 2023
SUPER DOMESTIC MACHINES LIMITED
L74999GJ1995PLC025130
Voluntary Liquidator · Sep 2021
in process
SHREE FASTENERS PRIVATE LIMITED
U29225GJ1985PTC007941
5 dated steps in the order
AHMEDABAD DIVISION BENCH COURT - 1
  1. Members' resolution3 Nov 2021
  2. Commencement12 Nov 2021
  3. Public announcement17 Nov 2021
  4. Claims deadline12 Dec 2021
  5. Dissolution order19 Dec 2023
Voluntary Liquidator · Nov 2021
Rs 2 Cr Rs 0 Cr Rs 2 Cr 2y 1mo
to Dec 2023
OM AUTO TECHNOCRAFT PRIVATE LIMITED
U34300GJ2007PTC050054
7 dated steps in the order
Ahmedabad Court -2
  1. Members' resolution31 Mar 2023
  2. Commencement5 Apr 2023
  3. Public announcement9 Apr 2023
  4. Claims deadline5 May 2023
  5. Preliminary report20 May 2023
  6. Final report9 Oct 2023
  7. Dissolution order8 Jul 2024
Voluntary Liquidator · Apr 2023
Rs 0 Cr Rs 0 Cr Rs 0 Cr 15 mo
to Jul 2024
YOGESHWAR ENTERPRISE PRIVATE LIMITED
U45200GJ2010PTC062656
7 dated steps in the order
Ahmedabad Bench Court No. I
  1. Members' resolution28 Oct 2021
  2. Commencement10 Nov 2021
  3. Public announcement13 Nov 2021
  4. Claims deadline10 Dec 2021
  5. Preliminary report24 Dec 2021
  6. Final report25 Mar 2022
  7. Dissolution order23 Jan 2023
Voluntary Liquidator · Nov 2021
Rs 1 Cr Rs 1 Cr 14 mo
to Jan 2023
TULSIIMPEX FORWARDERS PRIVATE LIMITED
U63010GJ2005PTC045800
Voluntary Liquidator · Oct 2024
Rs 1 Cr Rs 0 Cr Rs 1 Cr 16 mo
to Mar 2026
GEEPEE BULK HANDLERS PRIVATE LIMITED
U63012GJ1993PTC034848
Voluntary Liquidator · Apr 2018
Rs 0 Cr Rs 0 Cr 1y 7mo
to Dec 2019
DJ FREIGHT PRIVATE LIMITED
U63033GJ2012PTC072736
7 dated steps in the order
AHMEDABAD (COURT NO. II)
  1. Members' resolution1 Mar 2021
  2. Commencement11 Mar 2021
  3. Public announcement15 Mar 2021
  4. Claims deadline10 Apr 2021
  5. Preliminary report24 Apr 2021
  6. Final report30 Nov 2021
  7. Dissolution order28 Apr 2022
Voluntary Liquidator · Mar 2021
Rs 0 Cr Rs 0 Cr 14 mo
to Apr 2022
KPS SYSTEMS PRIVATE LIMITED
U72200GJ2005PTC045801
7 dated steps in the order
Ahmedabad Court - 2
  1. Members' resolution25 Mar 2021
  2. Commencement5 Apr 2021
  3. Public announcement8 Apr 2021
  4. Preliminary report10 May 2021
  5. Final report24 Mar 2022
  6. Application to bench8 Apr 2022
  7. Dissolution order6 Jul 2023
Voluntary Liquidator · Apr 2021
Rs 1 Cr Rs 0 Cr Rs 1 Cr 2y 3mo
to Jul 2023
SHARAK HEALTHCARE PRIVATE LIMITED
U85110DL2006PTC156945
8 dated steps in the order
NEW DELHI, COURT-III
  1. Members' resolution24 Dec 2021
  2. Commencement29 Dec 2021
  3. Public announcement30 Dec 2021
  4. Claims deadline28 Jan 2022
  5. Preliminary report12 Feb 2022
  6. Final report5 Sep 2022
  7. Application to bench4 Mar 2023
  8. Dissolution order8 Jan 2024
Voluntary Liquidator · Dec 2021
Rs 1 Cr Rs 0 Cr Rs 1 Cr 2y
to Jan 2024
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 →
Activity & context · vs India's IP universe
Activity — mandate countTop 20% of 2,365 ranked
Recovery vs liquidation value151.5%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor3 of 3
Typical time to outcome13 months
national median 16 months · median of 7 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 Professional16
Liquidator1
Voluntary Liquidator10
Of these, 10 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
Ahmedabad10 mandates
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Kolkata1 mandate
Bench median 14 months to outcome · 33% resolved (530 concluded cases)
Mumbai1 mandate
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Manish runs a median 13 months to outcome across 7 concluded mandates. The benches those mandates sit in run at 16 months, weighted by how many of his cases each one holds — so he is closing 72 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 Manufacturing4
Machinery & Equipment2
Other Services2
Financial Services1
Chemicals & Plastics1
Steel & Metals1
Hospitality & Leisure1

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