Resolved — plan approved
1Acquirer 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 |
|---|---|---|---|---|---|
|
JAY FORMULATIONS LIMITED
U17119GJ1988PLC010855
→ acquired by Aquatic Remedies Limited
|
IRP · Jan 2021
IRP · Jan 2021
|
🔒 | 🔒 | 🔒 | 1y 7mo
to May 2025
|
Liquidation — order passed
91 of 9 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates9on this professional's record
Taken to dissolution18 still in process
Distributed vs liquidation value151.6%across 1 case with both figures · whole record 79.7%
Order to dissolution21 moaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
NAVRANG ROADLINES PRIVATE LIMITED
U06301GJ2000PTC038173
|
Liquidator · Mar 2023
|
🔒 | 🔒 | 🔒 | 7 mo
to Sep 2020
|
|
SWISS RIBBONS PRIVATE LIMITED
U17119GJ2003PTC042006
|
Liquidator · Jan 2026
|
🔒 | 🔒 | 🔒 | 1y 7mo
to Mar 2021
|
|
SIDDHBALI STEELS & STRIPS PRIVATE LIMITED
U27100PN2010PTC138123
|
Liquidator · May 2026
|
— | — | — | 3y 2mo
to May 2026
|
|
ELECTRA ACCUMULATORS LIMITED
U29100GJ2009PLC057053
|
Liquidator · Apr 2021
|
🔒 | 🔒 | 🔒 | 1y 6mo
to Apr 2021
|
|
ANUPAM PORT CRANES CORPORATION LIMITED
U29100GJ2011PLC067084
|
IRP · Apr 2024
RP · May 2024
|
🔒 | 🔒 | 🔒 | 13 mo
to Apr 2025
|
|
KOLON INVESTMENTS PVT LTD
U70200GJ1993PTC113099
|
Liquidator · Jun 2025
|
🔒 | 🔒 | 🔒 | 1y 7mo
to Jun 2025
|
|
GANGA ADVISORY PRIVATE LIMITED
U74140GJ2010PTC060773
|
Liquidator · Mar 2023
|
🔒 | 🔒 | 🔒 | 13 mo
to Mar 2020
|
|
ZEP INFRATECH LIMITED
U74899GJ1994PLC050189
|
Liquidator · Jun 2025
|
🔒 | 🔒 | 🔒 | 1y 10mo
to Jun 2025
|
|
BETAIN CAREER INSITITUTE PRIVATE LIMITED
U74999GJ2017PTC096557
|
Liquidator · Mar 2023
|
🔒 | 🔒 | 🔒 | 6 mo
to Apr 2021
|
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
1Where 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: M. S. KHURANA ENGINEERING LIMITED at 903 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
M. S. KHURANA ENGINEERING LIMITED
U45201GJ1998PLC034638
Construction & Infrastructure |
IRP · Apr 2024
|
903d 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
5Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
AIRLINK TELEINFRA LLP
AAI5389
Other Services |
IRP · Mar 2021
|
5y 6mo |
|
SAVITRI POLYESTERS PRIVATE LIMITED
U17110GJ1997PTC031486
Textiles & Apparel |
IRP · Sep 2023
|
3y |
|
ANGSTROM BIOTECH PRIVATE LIMITED
U24119GJ2000PTC037233
Other Manufacturing |
IRP · Mar 2021
|
5y 6mo |
|
ADORATION CERAMICA PRIVATE LIMITED
U26990GJ2017PTC095964
Other Manufacturing |
IRP · Jul 2023
|
3y 2mo |
|
FAIRMATE CHEMICALS PRIVATE LIMITED
U65910GJ1995PTC026528
Financial Services |
IRP · Jan 2021
|
5y 8mo |
Voluntary liquidations
2Solvent 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.
Typical time to dissolution1y 8mo
median across every VL on record — none of these mandates has reached dissolution yet
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| KAY AAR TEXTILES PVT LTD U17114GJ1985PTC008111
|
Voluntary Liquidator · Apr 2025 |
— | — | — | in process |
| GAMMA TRADE LINKS PRIVATE LIMITED U51100GJ1993PTC018775
|
Voluntary Liquidator · May 2024 |
— | — | — | 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 →.
Report an error →
Activity & context · vs India's IP universe
Activity — mandate countTop 10% of 2,365 ranked
At Ahmedabad bench — by mandate countTop 20% of 130
Recovery vs liquidation value111.6%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor1 of 1
Typical time to outcome19 months
national median 16 months · median of 10 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 Professional10
Liquidator8
Voluntary Liquidator2
Of these, 8 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
Ahmedabad15 mandates
Bench median 15 months to outcome · 31% resolved (442 concluded cases)
Mumbai1 mandate
Bench median 18 months to outcome · 34% resolved (1,244 concluded cases)
Nandish runs a median 19 months to outcome across 10 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 taking 108 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
Textiles & Apparel3
Other Manufacturing3
Machinery & Equipment2
Construction & Infrastructure1
Financial Services1
Real Estate & Housing1
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