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Home / RP Tracker / Manoj Kulshrestha

Manoj Kulshrestha UNCLAIMED PROFILE

Insolvency Professional · Active since 2017
IPA ICMAI IPA Bench New Delhi · North Reg IBBI/IPA-003/IP-N00005/2016-17/10024 CPE 151 credits
Other ServicesConstruction & InfrastructureSteel & MetalsPower & EnergyHospitality & LeisureOther Manufacturing
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Viewed 5× in 90 days — what ARCs, banks & funds see when they search this name
Career composition · 15 CIRP mandates
4
4
4
3
Resolved 4 Liquidation 4 Under CIRP 4 Withdrawn / settled 3
Appointments by year
'17'18'19'20'21'22'23'24'25'26
Overview Resolved 4 Liquidation 4 Under CIRP 4 Withdrawn 3 Voluntary 2 Standing
Mandates
12cases
Top 10% by mandate count · last appointed Jan 2025
Claims Managed
Rs 679Cr
across 8 cases with figures
Realised for Creditors
Rs 260Cr
38.3% of admitted claims
Resolved
4cases
50% resolution rate
Recovery vs LV
122.4%
4 of 4 beat the floor
Typical CIRP Time
23 months
nationally 16 months
Largest Mandate
Rs 228 Cr
MB Malls Private Limited

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
Five Core Electronics Limited
L32109DL2002PLC148250
→ acquired by Mr. Vivek Raheja and Mr. Sanjay Garg
RP · Jun 2020
🔒 🔒 🔒 5y 9mo
to Nov 2025
SONI REALTORS PRIVATE LIMITED
U45400DL2007PTC162906
IRP · Feb 2018
RP · Apr 2018
🔒 🔒 🔒 4y 3mo
to Jun 2022
SADHNA COMMUNICATIONS PRIVATE LIMITED
U74110DL2011PTC220039
→ acquired by M/s Vigyashree Infrastructure Private Limited
IRP · Jul 2022
RP · Aug 2022
🔒 🔒 🔒 15 mo
to Oct 2023
MB Malls Private Limited
U74899DL1980PTC010175
→ acquired by CONSORTIUM OF INDIVIDUALS MR. PRADEEP KUMAR AGARWALLA & MR. MUKESH KUMAR AGARWAL THROUGH ITS MEMBER MR. MUKESH KUMAR AGARWAL
IRP · Jun 2019
IRP · Jun 2019
🔒 🔒 🔒 2y 1mo
to Sep 2024

Liquidation — order passed

4
3 of 4 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates4on this professional's record
Taken to dissolution31 still in process
Distributed vs liquidation value45.5%across 1 case with both figures · whole record 79.7%
Order to dissolution27 moaverage over 3 completed cases
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
FIBERTECH INFRACON PRIVATE LIMITED
U28112MH2008PTC183006
IRP · Jan 2019
RP · Feb 2019
🔒 🔒 🔒 11 mo
to Dec 2019
USHER ECO POWER LIMITED
U40102MH2007PLC172552
IRP · Jun 2022
RP · Jul 2022
🔒 🔒 🔒 1y 8mo
to Mar 2024
EXCLUSIVE ENGINEERS PVT LTD
U74210WB1981PTC033555
IRP · Nov 2019
🔒 🔒 🔒 3y 11mo
to Nov 2023
Luxury Train Private Limited
U93000DL2011PTC220381
IRP · Dec 2017
RP · Jan 2018
Liquidator · Oct 2018
🔒 🔒 🔒 10 mo
to Oct 2018
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

4
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
4past 330d
Longest-running live mandate: INTELLICITY BUSINESS PARK PRIVATE LIMITED at 2,680 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
INTELLICITY BUSINESS PARK PRIVATE LIMITED
U45400DL2012PTC244744
Construction & Infrastructure
RP · Oct 2022
2,680d past 330d limit Under CIRP
RAJESH PROJECTS (INDIA) PRIVATE LIMITED
U45201DL1999PTC101984
Construction & Infrastructure
IRP · Jun 2021
2,565d past 330d limit Under CIRP
DR.JAIN VIDEO ON WHEELS LTD.
U92199DL1991PLC042609
Hospitality & Leisure
IRP · Jun 2021
1,942d past 330d limit Inviting EoI
GAYATRI INFRA PLANNER PRIVATE LIMITED
U45400DL2011PTC300950
Construction & Infrastructure
IRP · Jan 2025
IRP · Jan 2025
1,279d 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

3
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
VARAD FORGE PRIVATE LIMITED
U28110PN2011PTC138205
Other Manufacturing
IRP · Sep 2017
7y 10mo
RAYS POWER EXPERTS PRIVATE LIMITED
U40106RJ2011PTC034452
IRP · Mar 2019
7y 6mo
Noble Resourcing Business and Solutions Private Limited
U74140DL2009PTC186584
Other Services
IRP · Sep 2018
RP · Jan 2019
8y

Voluntary liquidations

2
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 dissolution15 mo across 1 completed · every VL on record runs 1y 8mo
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
YAMUNA COAL COMPANY PRIVATE LIMITED
U10101HR2009PTC038702
Voluntary Liquidator · Mar 2019
Rs 1 Cr Rs 0 Cr Rs 1 Cr 15 mo
to Mar 2019
Axiom Managed Solutions Private Limited
U74999HR2011FTC056139
Voluntary Liquidator · May 2017
— — — in process
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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Activity & context · vs India's IP universe
Activity — mandate countTop 10% of 2,567 ranked
At New Delhi bench — by mandate countTop 10% of 432
Recovery vs liquidation value122.4%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor4 of 4
Typical time to outcome23 months
national median 16 months · median of 8 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 Professional23
Liquidator1
Voluntary Liquidator2
Of these, 13 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 Delhi10 mandates
Bench median 17 months to outcome · 35% resolved (776 concluded cases)
Mumbai3 mandates
Bench median 18 months to outcome · 34% resolved (1,244 concluded cases)
Jaipur1 mandate
Bench median 17 months to outcome · 38% resolved (74 concluded cases)
Kolkata1 mandate
Bench median 14 months to outcome · 33% resolved (528 concluded cases)
Manoj runs a median 23 months to outcome across 8 concluded mandates. The benches those mandates sit in run at 17 months, weighted by how many of his cases each one holds — so he is taking 182 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
Other Services5
Construction & Infrastructure4
Machinery & Equipment1
Other Manufacturing1
Steel & Metals1
Power & Energy1
Hospitality & Leisure1
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