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Home / RP Tracker / Navin Khandelwal

Navin Khandelwal UNCLAIMED PROFILE

Insolvency Professional · Madhya Pradesh · Active since 2018
IPA ICAI IIIPI Bench Indore · West Reg IBBI/IPA-001/IP-P00703/2017-2018/11301 CPE 136 credits
ElectricityWholesale and Retail TradeConstructionReal EstateManufacturingTransportOthers (Technology, Hospital & Medical, Agriculture Activity)
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Career composition · 30 CIRP mandates
9
11
10
Resolved 9 Liquidation 11 Under CIRP 10
Appointments by year
'18'19'20'21'22'23'24'25'26
Overview Resolved 9 Liquidation 11 Under CIRP 10 Voluntary 5 Standing
Mandates
30cases
Top 1% by mandate count · last appointed May 2026
Claims Managed
Rs 7,633Cr
across 18 cases with figures
Realised for Creditors
Rs 151Cr
2.0% of admitted claims
Resolved
9cases
45% resolution rate
Recovery vs LV
154.3%
8 of 8 beat the floor
Typical CIRP Time
23 months
nationally 16 months
Largest Mandate
Rs 6,257 Cr
K.S.OILS LIMITED

Resolved — plan approved

9
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
Shri Ram Switchgears Limited
L31200MP1985PLC003026
→ acquired by Prakash Asphaltings and Toll Highways (India) Limited
RP · Dec 2024
Rs 71 Cr Rs 19 Cr 201.4% 2y 2mo
to May 2026
Ujaas Energy Limited
L31200MP1999PLC013571
→ acquired by consortium of SVA Family Welfare Trust and M&B Switchgears
IRP · Sep 2020
RP · Oct 2020
🔒 🔒 🔒 3y
to Oct 2023
CMM Infraprojects Limited
L45201MP2006PLC018506
→ acquired by Effulgence Trading and Services Private Limited & Shree Naivedya Fincom Private Limited (Jointly)
IRP · Dec 2022
IRP · Dec 2022
RP · Feb 2023
RP · Feb 2023
🔒 🔒 🔒 1y 10mo
to Nov 2024
S&H Gears Private Limited
U29130MH1972PTC016126
→ acquired by Mr. Gautam R. Gajra (Lead Member), M/s Gajra Gears Private Limited and M/s Elve Corporation ("Gajra Consortium")
IRP · Jan 2020
RP · Jun 2020
🔒 🔒 🔒 3y 5mo
to Jul 2023
Premshree Devcon Private Limited
U45200MP2012PTC027687
→ acquired by M/s Land Nest Developers
IRP · Jun 2019
RP · Sep 2019
🔒 🔒 🔒 4y
to Jul 2023
Toptrade Mercantiles Private Limited
U51109MH2007PTC169563
→ acquired by Sidcom Analytics Private Limited
IRP · Jan 2023
RP · Mar 2023
🔒 🔒 🔒 2y 5mo
to Jul 2025
Hindustan Tankers Private Limited
U60230MP2012PTC028193
→ acquired by Dollex Agrotech Limited
RP · Feb 2023
🔒 🔒 🔒 14 mo
to Oct 2023
Shimita Trading Private Limited
U74900MH2010PTC200074
→ acquired by Radhekripa Developers Private Limited
IRP · Dec 2021
RP · Jan 2022
🔒 🔒 🔒 2y 2mo
to Feb 2024
RITE BITE TRADING PRIVATE LIMITED
U74900MH2010PTC200116
→ acquired by Anjali Entrepreneurs Private Limited
IRP · Jun 2022
RP · Jul 2022
🔒 🔒 🔒 13 mo
to Jul 2023

Liquidation — order passed

11
2 of 11 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates11on this professional's record
Taken to dissolution29 still in process
Distributed vs liquidation value103.0%across 1 case with both figures · whole record 79.7%
Order to dissolution40 moaverage over 2 completed cases
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
K.S.OILS LIMITED
L15141MP1985PLC003171
Liquidator · Oct 2025
🔒 🔒 🔒 3y 7mo
to Mar 2021
Gajra Bevel Gears Limited
L34300MP1974PLC001598
IRP · Jun 2020
RP · Aug 2020
Liquidator · Dec 2021
🔒 🔒 🔒 18 mo
to Dec 2021
Shakti Refoils & Agro Foods Products Private Limited
U01111GJ2007PTC050938
IRP · Jan 2020
🔒 🔒 🔒 15 mo
to Apr 2021
GWALIOR POLYPIPES LIMITED
U28939MP1982PLC002072
IRP · Sep 2023
RP · Dec 2023
🔒 🔒 🔒 13 mo
to Oct 2024
Rajpal Autolink Private Limited
U50100MP2011PTC026888
IRP · Jun 2020
RP · Jun 2020
🔒 🔒 🔒 10 mo
to Apr 2021
Suman Agritech Limited
U51900MH1995PLC094158
IRP · Aug 2019
RP · Oct 2019
🔒 🔒 🔒 17 mo
to Jan 2021
Elevated Mercantile Private Limited
U51909MH2012PTC230502
IRP · Jun 2018
🔒 🔒 🔒 9 mo
to Mar 2019
Oxygen Lifeline Retail Private Limited
U52601MP2017PTC044064
IRP · Oct 2021
RP · Nov 2021
Liquidator · Sep 2022
🔒 🔒 🔒 11 mo
to Sep 2022
Denovo Enterprises Private Limited
U55100MH2005PTC151128
IRP · Jan 2019
🔒 🔒 🔒 3y 4mo
to Jun 2022
Nano Minpro Private Limited
U74999MH2006PTC164025
IRP · Apr 2023
RP · May 2023
3y
to May 2026
Brain Master's Classes Private Limited
U80903MP2011PTC025907
Liquidator · May 2021
🔒 🔒 🔒 1y 10mo
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

10
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
2within 180d
2181–270d
6past 330d
Longest-running live mandate: Durgashakti Foods Private Limited at 2,472 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Durgashakti Foods Private Limited
U15122MH2008PTC179036
Food & Agro
IRP · Dec 2019
2,472d past 330d limit Under CIRP
KH Foges India Private Limited
U45400MH2013FTC242824
Construction & Infrastructure
IRP · Dec 2021
RP · Feb 2022
1,744d past 330d limit Under CIRP
PEGASUS RETAIL INDIA PRIVATE LIMITED
U52190MP2011PTC026638
Trading & Distribution
IRP · Oct 2022
1,439d past 330d limit Under CIRP
KARAN DEVELOPMENT SERVICES PVT LTD
U42204MP1989PTC005253
Construction & Infrastructure
IRP · Nov 2024
673d past 330d limit Under CIRP
PREMIER PROTEINS LIMITED
U15141MP1986PLC003345
Food & Agro
IRP · Aug 2025
RP · Oct 2025
390d past 330d limit Inviting EoI
CU ENERGIES LIMITED
U40106MP2016PLC040691
Power & Energy
IRP · Aug 2025
RP · Oct 2025
390d past 330d limit Newly admitted
LABHANSHI AGRITECH PRIVATE LIMITED
U15100MP2021PTC057591
Food & Agro
IRP · Jan 2026
257d in extension Inviting EoI
Vatsalya Builders And Developers Private Limited
U45200MH2000PTC128402
Construction & Infrastructure
IRP · Apr 2022
IRP · Apr 2022
221d in extension Under CIRP
KESHAV PROTEINS & ORGANIC LLP
AAO0647
Food & Agro
IRP · Apr 2026
RP · May 2026
162d within 180d Under CIRP
SIMARA FOODS PRIVATE LIMITED
U51101MH1993PTC073090
Trading & Distribution
IRP · May 2026
139d within 180d 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.

Voluntary liquidations

5
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.
Median time to dissolution10 mo across 4 completed · every VL on record runs 1y 8mo
Dissolution orders read3 of 5 the tribunal's own order, field by field — expand a row for the dated sequence
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
DEEPAK WOOLLENS PRIVATE LIMITED
U17110MP1976PTC027084
5 dated steps in the order
Indore Special Bench at Indore
  1. Members' resolution23 Dec 2024
  2. Public announcement2 Jan 2025
  3. Preliminary report11 Feb 2025
  4. Final report22 Mar 2025
  5. Dissolution order17 Jun 2025
Voluntary Liquidator · Dec 2024
Rs 2 Cr Rs 0 Cr Rs 2 Cr 6 mo
to Jun 2025
INDORE FIRE BRICKS PVT LTD
U28113MP1985PTC002926
8 dated steps in the order
Indore Special Bench Court No. 1
  1. Members' resolution4 Dec 2024
  2. Commencement7 Dec 2024
  3. Public announcement10 Dec 2024
  4. Claims deadline6 Jan 2025
  5. Preliminary report21 Jan 2025
  6. Final report14 Feb 2025
  7. Application to bench6 Mar 2025
  8. Dissolution order7 Apr 2025
Voluntary Liquidator · Dec 2024
Rs 1 Cr Rs 0 Cr Rs 0 Cr 4 mo
to Apr 2025
A.BERGER PRECISION INDIA PRIVATE LIMITED
U29199MH2006FTC164823
Voluntary Liquidator · Nov 2020
Rs 1 Cr Rs 0 Cr Rs 1 Cr 16 mo
to Mar 2022
Evernote Technologies India Private Limited
U74900DL2015FTC277451
7 dated steps in the order
New Delhi Bench Court - V
  1. Members' resolution14 Feb 2024
  2. Commencement15 Feb 2024
  3. Public announcement19 Feb 2024
  4. Claims deadline16 Mar 2024
  5. Preliminary report29 Mar 2024
  6. Final report13 Nov 2024
  7. Dissolution order23 May 2025

Delay recorded in the order“Pending Income Tax Return (ITR) for FY 2023-24, awaiting tax refund, and subsequent remittance compliance under FEMA norms”

Voluntary Liquidator · Feb 2024
Rs 0 Cr Rs 0 Cr Rs 0 Cr 15 mo
to May 2025
Shahi Emergency Hospital Pvt Ltd
U85110BR2013PTC020604
Voluntary Liquidator · Feb 2025
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 1% of 2,365 ranked
At Indore bench — by mandate countTop 1% of 26
Recovery vs liquidation value154.3%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor8 of 8
Typical time to outcome23 months
national median 16 months · median of 20 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 Professional48
Liquidator4
Voluntary Liquidator5
Of these, 26 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
Mumbai12 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
Indore10 mandates
Bench median 15 months to outcome · 49% resolved (35 concluded cases)
Ahmedabad7 mandates
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Navin runs a median 23 months to outcome across 20 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 187 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 & Distribution8
Food & Agro6
Construction & Infrastructure5
Other Services4
Machinery & Equipment3
Electronics & Electricals1
Other Manufacturing1
Power & Energy1

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