We use a session cookie and first-party analytics to run this site — no third-party trackers, no ads. Details in our Privacy Policy.
RESEARCH From the Research Desk — The sub-Rs 100 crore acquisition market, sized. Read it →
Home / RP Tracker / Netai Basak

Netai Basak UNCLAIMED PROFILE

Insolvency Professional · Active since 2021
IPA ICMAI IPA Bench Kolkata · East Reg IBBI/IPA-003/00327/2020-2021/13421 CPE 24 credits
Other ManufacturingFinancial ServicesTrading & Distribution
This profile is unclaimed, so no direct contact is listed. Request an introduction →
Career composition · 5 CIRP mandates
1
3
1
Resolved 1 Liquidation 3 Under CIRP 1
Appointments by year
'21'22'23'24'25'26
Overview Resolved 1 Liquidation 3 Under CIRP 1 Standing
Mandates
5cases
3 with financials · last appointed Jun 2024
Claims Managed
Rs 529Cr
across 3 cases with figures
Realised for Creditors
Rs 2Cr
0.4% of admitted claims
Resolved
1cases
25% resolution rate
Typical CIRP Time
15 months
nationally 16 months
Largest Mandate
Rs 505 Cr
GOURI IRON & STEEL PRIV…

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
Kosons Forest Products Private Limited
U36104WB1996PTC079781
→ acquired by NIP Power Private Limited
RP · Dec 2022
🔒 🔒 🔒 1y 6mo
to Dec 2023

Liquidation — order passed

3
2 of 3 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates3on this professional's record
Taken to dissolution21 still in process
Distributed vs liquidation value109.5%across 1 case with both figures · whole record 79.7%
Order to dissolution17 moaverage over 2 completed cases
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Naresh Retail Mart LLP
AAI3378
Liquidator · Sep 2023
🔒 🔒 🔒 3y 10mo
to Sep 2023
GOURI IRON & STEEL PRIVATE LIMITED
U27101WB2002PTC094371
IRP · Nov 2021
RP · Nov 2021
🔒 🔒 🔒 12 mo
to Nov 2022
Subhlabh Steels Private Limited
U27109WB1991PTC052566
IRP · Dec 2021
RP · Jan 2022
🔒 🔒 🔒 9 mo
to Sep 2022
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

1
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
1past 330d
Longest-running live mandate: Mahendra Commercial Ltd at 898 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Mahendra Commercial Ltd
U65993WB1980PLC032458
Financial Services
IRP · Apr 2024
RP · Jun 2024
898d past 330d limit 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.
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 →

Is this your profile?

This page already exists — buyers already see it. Claiming puts you in control: your photo, your story, your numbers in context, enquiries routed to you.

Claim profile →

See everything claiming unlocks →

Activity & context · vs India's IP universe
Activity — mandate count5 mandates on record
Typical time to outcome15 months
national median 16 months · median of 4 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 Professional7
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
Kolkata5 mandates
Bench median 14 months to outcome · 33% resolved (530 concluded cases)
Netai runs a median 15 months to outcome across 4 concluded mandates. The benches those mandates sit in run at 14 months, weighted by how many of his cases each one holds — so he is moving at the pace of his own forums, within a month either way.
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 Manufacturing3
Trading & Distribution1
Financial Services1
Trying to reach Netai?

This profile is unclaimed, so direct contact isn't listed. Leave your details and we'll route the introduction.

We pass on your interest and step out. No fee, no matchmaking, no ranking of who gets introduced.

← All RP profiles