Resolved — plan approved
2Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
| Corporate Debtor | Role / Appointed | Admitted | Realised | Rec vs LV | Duration |
|---|---|---|---|---|---|
|
Maxgrow India Limited
L51100MH1994PLC076018
→ acquired by PP Metallix Limited
|
IRP · Jun 2021
RP · Jul 2021
|
🔒 | 🔒 | 🔒 | 2y 6mo
to Dec 2023
|
|
MSM STEELS PRIVATE LIMITED
U27100MH2009PTC196847
→ acquired by Mr. Kedar Rasure, Kedar Abhimanyu Rasure (HUF) and Mr. Rahul Thobde (Jointly)
|
IRP · Sep 2019
RP · Oct 2019
|
🔒 | 🔒 | 🔒 | 4y 1mo
to Nov 2023
|
Liquidation — order passed
21 of 2 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates2on this professional's record
Taken to dissolution11 still in process
Order to dissolution30 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
TRANSPARENT FOOD TECHNOLOGISTS PRIVATE LIMITED
U15494PN2011PTC138555
|
IRP · Jun 2024
RP · Jul 2024
|
🔒 | 🔒 | 🔒 | 1y 7mo
to Jan 2026
|
|
Panache Exports Private Limited
U51900MH1991PTC064179
|
IRP · Nov 2019
RP · Dec 2019
|
🔒 | 🔒 | 🔒 | 2y 9mo
to Sep 2022
|
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
2Where 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: INDIANA LED LIGHTING LLP at 294 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
INDIANA LED LIGHTING LLP
AAI5051
Machinery & Equipment |
IRP · Dec 2025
RP · Jan 2026
|
294d inside 330d | Inviting EoI |
|
KRISHNA SHOWBIZ SERVICES PRIVATE LIMITED
U22110MH2013PTC244043
Other Manufacturing |
IRP · Dec 2025
RP · Jan 2026
|
286d inside 330d | 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.
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 value87.8%
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 outcome32 months
national median 16 months · median of 4 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 Professional12
Of these, 6 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)
Mayank runs a median 32 months to outcome across 4 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 421 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
Trading & Distribution2
Machinery & Equipment1
Food & Agro1
Other Manufacturing1
Steel & Metals1
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