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Home / RP Tracker / Nilesh Kothari

Nilesh Kothari UNCLAIMED PROFILE

Insolvency Professional · Gujarat · Active since 2024
IPA ICSI IIP Bench Ahmedabad · West Reg IBBI/IPA-002/IP-N01225/2022-2023/14132
Wholesale and Retail TradeReal EstateOthers (Ship Leasing)
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Career composition · 11 CIRP mandates
1
2
8
Resolved 1 Liquidation 2 Under CIRP 8
Appointments by year
'24'25'26
Overview Resolved 1 Liquidation 2 Under CIRP 8 Standing
Mandates
11cases
Top 10% by mandate count · last appointed Jun 2026
Claims Managed
Rs 1,596Cr
across 2 cases with figures
Resolved
1cases
33% resolution rate
Typical CIRP Time
17 months
nationally 16 months
Largest Mandate
Rs 1,513 Cr
Rite Developers Private…

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
Steadfast Shipping Private Limited
U35122MH2011PTC224284
→ acquired by Priyam Projects (I) Pvt. Ltd
IRP · Nov 2024
RP · Dec 2024
🔒 🔒 🔒 8 mo
to Aug 2025

Liquidation — order passed

2
Liquidation mandates2on this professional's record
Taken to dissolution02 still in process
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
LIBRA FABRIC DESIGNS PRIVATE LIMITED
U17120MH2012PTC225834
Liquidator · Mar 2026
🔒 🔒 🔒 17 mo
to Mar 2026
Rite Developers Private Limited
U45201MH2002PTC134760
Liquidator · Apr 2024
Liquidator · Apr 2024
🔒 🔒 🔒 5y 1mo
to Apr 2024
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

8
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
3within 180d
3past 330d
2no date on record
Longest-running live mandate: MAGICSTONE TRADERS PRIVATE LIMITED at 1,054 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
MAGICSTONE TRADERS PRIVATE LIMITED
U74110PN2016PTC164929
Other Services
RP · Feb 2024
1,054d past 330d limit Inviting EoI
Bjird Exim Private Limited
U74999MH2019PTC319105
Other Services
IRP · Oct 2024
RP · Oct 2024
720d past 330d limit Inviting EoI
KRISTAL INFRASTRUCTURE LIMITED
U45201KA2006PLC038571
Construction & Infrastructure
RP · Oct 2025
479d past 330d limit Inviting EoI
MARVELEDGE REALTORS PRIVATE LIMITED
U70101PN2008PTC131638
Real Estate & Housing
IRP · Apr 2026
IRP · Apr 2026
RP · May 2026
RP · May 2026
168d within 180d Newly admitted
KRISTAL PROJECTS (INDIA) LIMITED
U07010KA2002PLC031169
Mining
IRP · Apr 2026
RP · May 2026
167d within 180d Inviting EoI
ATTHARV SAI FLEXIPACK PRIVATE LIMITED
U25200KA2013PTC072664
Other Manufacturing
IRP · Jun 2026
112d within 180d Inviting EoI
APPLE LAND DEVELOPMENT PRIVATE LIMITED
U70102MH2008PTC178121
IRP · Feb 2025
no commencement date Under CIRP
VEERTAM COMTRADE PRIVATE LIMITED
U51900DN2011PTC000369
IRP · May 2025
RP · Jun 2025
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.
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 10% of 2,365 ranked
At Ahmedabad bench — by mandate countTop 20% of 130
Typical time to outcome17 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 Professional16
Liquidator3
Of these, 7 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
Mumbai6 mandates
Bench median 18 months to outcome · 34% resolved (1,244 concluded cases)
Bengaluru3 mandates
Bench median 12 months to outcome · 27% resolved (176 concluded cases)
Nilesh runs a median 17 months to outcome across 3 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 35 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
Construction & Infrastructure2
Other Services2
Mining1
Textiles & Apparel1
Other Manufacturing1
Logistics & Transport1
Real Estate & Housing1

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