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Home / RP Tracker / Navnitlal Bhatia

Navnitlal Bhatia UNCLAIMED PROFILE

Insolvency Professional · Active since 2017
IPA ICSI IIP Bench n/a Reg IBBI/IPA-002/IP-N00178/2017-18/10450
Other Services
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Career composition · 1 CIRP mandates
1
Liquidation 1
Appointments by year
'17'18'19'20'21'22'23'24'25'26
Overview Liquidation 1 Voluntary 2 Standing
Mandates
1cases
1 with financials · last appointed Aug 2019
Claims Managed
Rs 519Cr
across 1 case with figures
Realised for Creditors
Rs 19Cr
3.7% of admitted claims
Resolved
0cases
0% resolution rate
Typical CIRP Time
14 months
nationally 16 months
Largest Mandate
Rs 519 Cr
Today's Writing Instrum…

Liquidation — order passed

1
1 of 1 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates1on this professional's record
Taken to dissolution10 still in process
Distributed vs liquidation value88.4%across 1 case with both figures · whole record 79.7%
Order to dissolution63 moaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Today's Writing Instruments Limited
L74999DN1992PLC000041
IRP · Oct 2017
🔒 🔒 🔒 14 mo
to Nov 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

2
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 dissolution3y 2mo across 1 completed · every VL on record runs 1y 8mo
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
CAPITA OFFSHORE SERVICES PRIVATE LIMITED
U25209MH1996PTC097695
Voluntary Liquidator · Aug 2019
— — — in process
CAPITA IT AND CONSULTING INDIA PRIVATE LIMITED
U72900MH2009FTC193417
Voluntary Liquidator · Nov 2018
Rs 1 Cr — Rs 1 Cr 3y 2mo
to Feb 2022
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 count1 mandates on record
Typical time to outcome14 months
national median 16 months · median of 1 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 Professional1
Voluntary Liquidator2
Of these, 1 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
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Navnitlal runs a median 14 months to outcome across 1 concluded mandate. The benches those mandates sit in run at 15 months, weighted by how many of his cases each one holds — so he is closing 46 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
Other Services1
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