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 |
|---|---|---|---|---|---|
|
Technovaa Plastic Industries Private Limited
U25203GJ2010PTC079355
→ acquired by Kankriya Enterprises Pvt. Ltd.
|
IRP · Nov 2018
|
🔒 | 🔒 | 🔒 | 1y 10mo
to Sep 2020
|
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 dissolution337 daysaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
ACE TOURS WORLDWIDE LIMITED
L63040GJ2007PLC051318
|
IRP · May 2019
|
🔒 | 🔒 | 🔒 | 10 mo
to Feb 2020
|
|
SPECIAL PRINTS LTD
U17118GJ1985PLC007750
|
IRP · Jul 2019
RP · Aug 2019
Liquidator · Feb 2020
|
🔒 | 🔒 | 🔒 | 7 mo
to Feb 2020
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.
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.
Median time to dissolution5y 7mo
across 2 completed · every VL on record runs 1y 8mo
Dissolution orders read2 of 2
the tribunal's own order, field by field — expand a row for the dated sequence
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| meenanand holding p ltd U67120MH1992PTC064995
7 dated steps in the orderMumbai Bench, Court Room No. 1
|
Voluntary Liquidator · Sep 2018 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 5y 7mo to Apr 2024 |
| BRINDANAND HOLDINGS P LTD U67120MH1992PTC065003
7 dated steps in the orderMumbai Bench
|
Voluntary Liquidator · Sep 2018 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 5y 7mo to Apr 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 →.
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Activity & context · vs India's IP universe
Activity — mandate count3 mandates on record
Recovery vs liquidation value104.8%
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 outcome10 months
national median 16 months · median of 3 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 Professional4
Liquidator1
Voluntary Liquidator2
Of these, 3 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
Ahmedabad3 mandates
Bench median 15 months to outcome · 32% resolved (447 concluded cases)
Narayan runs a median 10 months to outcome across 3 concluded mandates.
The benches those mandates sit in run at 15 months, weighted by how many of his cases each one holds —
so he is closing 173 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
Logistics & Transport1
Textiles & Apparel1
Chemicals & Plastics1
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