Resolved — plan approved
3Acquirer 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 |
|---|---|---|---|---|---|
|
TEKNIK PLANT AND MACHINERY MFG CO PVT LTD
U24111MH1981PTC024672
→ acquired by Mrs. Archana Pankaj Mahale, Proprietor of M/s. Siddhanath Enterprises
|
IRP · Feb 2022
RP · Jul 2023
|
🔒 | 🔒 | 🔒 | 2y 3mo
to Jun 2024
|
|
REWARD REAL ESTATE COMPANY LIMITED
U51909MH2004PLC144099
→ acquired by Wellworth Finvest (India) Private Limited
|
IRP · Dec 2023
RP · Jan 2024
|
🔒 | 🔒 | 🔒 | 14 mo
to Feb 2025
|
|
VIDHANT REALTY PRIVATE LIMITED
U70101MH2006PTC165045
→ acquired by Cubical Realty Private Limited (CIN: U45202DN2006PTC000221)
|
IRP · Sep 2023
RP · Oct 2023
|
🔒 | 🔒 | 🔒 | 17 mo
to Feb 2025
|
Liquidation — order passed
51 of 5 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates5on this professional's record
Taken to dissolution14 still in process
Order to dissolution54 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
CYBER INFOSYSTEMS AND TECHNOLOGIES PRIVATE LIMITED
U32201DN2000PTC000148
|
IRP · Oct 2023
RP · Nov 2023
|
🔒 | 🔒 | 🔒 | 1y 6mo
to Apr 2025
|
|
SPG Multi Trade Private Limited
U45200MH2006PTC160006
|
IRP · Mar 2020
RP · Jul 2020
Liquidator · Dec 2020
|
🔒 | 🔒 | 🔒 | 9 mo
to Dec 2020
|
|
CUPID ESTATECON PRIVATE LIMITED
U45202DN2006PTC000209
|
IRP · Apr 2024
RP · May 2024
|
🔒 | 🔒 | 🔒 | 6 mo
to Oct 2024
|
|
DHRUVI PROPERTIES PRIVATE LIMITED
U45202MH2009PTC194959
|
IRP · Dec 2023
RP · Jan 2024
Liquidator · Dec 2025
|
🔒 | 🔒 | 🔒 | 1y 8mo
to Sep 2025
|
|
Sangeeta Aviation Services Private Limited
U62200MH2012PTC233881
|
IRP · Aug 2021
|
🔒 | 🔒 | 🔒 | 2y 3mo
to Nov 2023
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.
Withdrawn / settled
1Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
Nasban Import and Export Private Limited
U74999MH2012PTC230464
Other Services |
IRP · Apr 2019
|
7y 5mo |
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 value125.5%
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 outcome18 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 Professional16
Liquidator2
Of these, 9 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
Mumbai7 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Ahmedabad2 mandates
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Modilal runs a median 18 months to outcome across 8 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 moving at the pace of his own forums, within a month either way.
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
Construction & Infrastructure3
Chemicals & Plastics1
Machinery & Equipment1
Trading & Distribution1
Logistics & Transport1
Real Estate & Housing1
Other Services1
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