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Home / RP Tracker / Nikhil Sachdeva

Nikhil Sachdeva UNCLAIMED PROFILE

Insolvency Professional · Punjab · Active since 2023
IPA ICAI IIIPI Bench Chandigarh · North Reg IBBI/IPA-001/IP-P-02743/2022-2023/14184
ManufacturingOthers (Iron and Steel Industry, Financial Intermediation, Manpower Supply industry, Textile Industry, Finance, Spinning Mills, FMCG)
This profile is unclaimed, so no direct contact is listed. Request an introduction →
Career composition · 7 CIRP mandates
2
5
Resolved 2 Under CIRP 5
Appointments by year
'23'24'25'26
Overview Resolved 2 Under CIRP 5 Voluntary 1 Standing
Mandates
7cases
Top 20% by mandate count · last appointed Jun 2026
Claims Managed
Rs 115Cr
across 2 cases with figures
Realised for Creditors
Rs 0Cr
0.2% of admitted claims
Resolved
2cases
100% resolution rate
Recovery vs LV
48.8%
1 of 2 beat the floor
Typical CIRP Time
20 months
nationally 16 months
Largest Mandate
Rs 81 Cr
Srimarg Human Resource …

Resolved — plan approved

2
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
CBS HOLDINGS PRIVATE LIMITED
U67120DL2008PTC177120
→ acquired by Mr. Prashant Yadav
IRP · Jan 2024
RP · Feb 2024
🔒 🔒 🔒 1y 10mo
to Dec 2025
Srimarg Human Resource Private Limited
U74990TN2010PTC074974
→ acquired by Hallmark Golden County Limited
IRP · Dec 2024
RP · Jan 2025
Rs 81 Cr Rs 0 Cr 1,300.0% 17 mo
to May 2026

Under CIRP — live

5
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
2181–270d
1271–330d
1past 330d
1no date on record
Longest-running live mandate: Jhamb Enterprises Private Limited at 743 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Jhamb Enterprises Private Limited
U51109PB1992PTC012853
Trading & Distribution
RP · Apr 2025
743d past 330d limit Inviting EoI
KGN GENERAL TRADING CO. LIMITED
U51109PB2011PLC034761
Trading & Distribution
IRP · Nov 2025
RP · Dec 2025
319d inside 330d Inviting EoI
HYGEIA FRUIT AND VEGETABLE PROCESSORS PRIVATE LIMITED
U15134HP1995PTC016488
Food & Agro
RP · Jun 2026
215d in extension Inviting EoI
BASANDARI BOTTLERS PRIVATE LIMITED
U15511CH1992PTC012786
Food & Agro
RP · Jun 2026
RP · Jun 2026
214d in extension Inviting EoI
Dev Rolling Mills Private Limited
U27109PB2007PTC031050
IRP · Jan 2023
no commencement date Under CIRP
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

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
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
SMARTPING FINANCE PRIVATE LIMITED
U64990PB2024PTC061979
Voluntary Liquidator · Dec 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 20% of 2,365 ranked
At Chandigarh bench — by mandate countTop 20% of 120
Recovery vs liquidation value48.8%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor1 of 2
Typical time to outcome20 months
national median 16 months · median of 2 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 Professional11
Voluntary Liquidator1
Of these, 4 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
Chandigarh4 mandates
Bench median 20 months to outcome · 37% resolved (210 concluded cases)
New Delhi1 mandate
Bench median 17 months to outcome · 35% resolved (777 concluded cases)
Chennai1 mandate
Bench median 13 months to outcome · 20% resolved (503 concluded cases)
Nikhil runs a median 20 months to outcome across 2 concluded mandates. The benches those mandates sit in run at 19 months, weighted by how many of his cases each one holds — so he is taking 41 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
Food & Agro2
Trading & Distribution2
Financial Services1
Other Services1

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