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Home / RP Tracker / Narendra Singhania

Narendra Singhania REG-9 · EXPIRED 2017

Insolvency Professional · Active since 2017
IPA ICAI IIIPI Bench Mumbai · West Reg IBBI/IPA-001/IP-00005/2016-17/19 CPE 138 credits
Provisional registration — expired 2017. This record reflects a Regulation 9 (2016-17) provisional IBBI registration that lapsed in mid-2017 and does not support appointments after that date. Current registration: Narendra Singhania →
Other ManufacturingTrading & DistributionOther ServicesConstruction & InfrastructureTextiles & ApparelFinancial Services
Career composition · 3 CIRP mandates
1
2
Resolved 1 Liquidation 2
Appointments by year
'17'18'19'20'21'22'23'24'25'26
Overview Resolved 1 Liquidation 2 Voluntary 1 Standing
Mandates
3cases
3 with financials · last appointed Dec 2017
Claims Managed
Rs 1,046Cr
across 3 cases with figures
Realised for Creditors
Rs 140Cr
13.4% of admitted claims
Resolved
1cases
33% resolution rate
Recovery vs LV
268.3%
1 of 1 beat the floor
Typical CIRP Time
9 months
nationally 16 months
Largest Mandate
Rs 896 Cr
Basai Steels and Power …

Resolved — plan approved

1
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
Basai Steels and Power Private Limited
U27109TG2002PTC038411
→ acquired by M/s Prem Enterprises (also printed 'M/ Prem Enterprises')
IRP · Jul 2017
RP · Sep 2017
🔒 🔒 🔒 9 mo
to Apr 2018

Liquidation — order passed

2
1 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 dissolution74 moaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Shree Rajeshwar Weaving Mills Private Limited
U17291MH2011PTC222793
IRP · Mar 2017
RP · Apr 2017
Liquidator · Dec 2017
🔒 🔒 🔒 9 mo
to Dec 2017
Vedika Nut Craft Private Limited
U51909DL2005PTC140291
IRP · Jun 2017
RP · Aug 2017
🔒 🔒 🔒 9 mo
to Apr 2018
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.

Voluntary liquidations

1
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.
Typical time to dissolution1y 8mo median across every VL on record — none of these mandates has reached dissolution yet
Dissolution orders read1 of 1 the tribunal's own order, field by field — expand a row for the dated sequence
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
NIRPENDER LOGISTICS PRIVATE LIMITED
U60231DL2006PTC150332
Voluntary Liquidator · Aug 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 →.
Report an error →

Expired provisional registration

This record belongs to IBBI's 2016-17 Regulation 9 cohort, whose provisional registrations expired in 2017. The current registration for this professional is tracked separately.

Current profile →
Activity & context · vs India's IP universe
Activity — mandate count3 mandates on record
Recovery vs liquidation value268.3%
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 outcome9 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 Professional6
Liquidator1
Voluntary Liquidator1
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
Mumbai1 mandate
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Hyderabad1 mandate
Bench median 14 months to outcome · 37% resolved (346 concluded cases)
New Delhi1 mandate
Bench median 17 months to outcome · 35% resolved (777 concluded cases)
Narendra runs a median 9 months to outcome across 3 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 closing 225 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
Textiles & Apparel1
Steel & Metals1
Trading & Distribution1
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